Business

Good News! After SBI, BoB also made this change, crores of customers will get big benefit

Bank of Baroda FD Rates: After SBI and HDFC Bank, Bank of Baroda has also changed the FD rates. If you also have an account in Bank of Baroda and you have made a fixed deposit, then now you will get the benefit of more interest than before. The bank has changed the interest rates. The new rates of Fixed Deposit (Bank FD Rates) have come into effect from 25 February i.e. tomorrow.

FD is available up to 10 years
The facility of FD from 7 days to 10 years is given to the customers by the bank. The bank already gives the benefit of 0.50 percent more interest to senior citizens.

The new rates came into effect from February 25
The bank has implemented new interest rates from February 25. After this change, banks are giving the benefit of interest ranging from 2.80 percent to 5.25 percent to the customers. Let’s check here how much benefit the bank is giving on FD for which period-

Bank of Baroda FD Rates-

7 to 45 days – 2.80 percent
46 to 180 days – 3.70 percent
181 to 270 days – 4.30 percent
On FDs from 271 days to less than one year – 4.40 percent
On one year FD – 5%
On FDs of more than one year and 400 days – 5.10 percent
On FDs from 400 days to 2 years – 5.10 percent
On FDs above 2 years and up to 3 years – 5.10 percent
On FDs of more than 3 years and up to 5 years – 5.25 percent
On FDs above 5 years and up to 10 years – 5.25 percent
Will get more benefit on FD
On behalf of the bank, customers are getting the benefit of interest at the rate of 2.80 percent on FDs of 7 days to 45 days. Apart from this, if you make FD from 46 days to 180 days, then customers are getting interest at the rate of 3.70 percent. Let us tell you that recently the country’s largest government bank SBI and private sector HDFC Bank have increased the interest rates.

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