BOB fixed deposit interest rates
The bank has increased the interest rate on fixed deposits maturing in 7 days from 2.80 percent to 45 days. The bank now offers 4 per cent on fixed deposits maturing in 180 days from 3.70 per cent.
It will now offer an interest rate of 4.65 per cent, from 4.30 per cent, a 35-basis point increase, on deposits maturing in 181 days to 270 days, and an interest rate of 4.40 per cent to 4.65 per cent, a 25-basis point. Growth on deposits maturing in 271 days and above and less than one year.
Deposits maturing in 1 year will now get interest at the rate of 5.30 percent, which was 5 percent earlier. Whereas the interest rate on term deposits maturing more than three years and up to 10 years has increased from 5.35 percent to 5.50 percent.
Fixed deposits maturing in 1 year to more than 2 years are kept unchanged and will continue to fetch an interest rate of 5.45 per cent.
Senior Citizen FD Interest Rate
Bank of Baroda offers an interest rate of 3.50 percent to 6.50 percent for senior citizens.
Note: (* with additional ROI of 0.50%, ** with additional ROI of 0.50% + 0.50%, # with additional ROI of 0.50% + 0.15%)
An asterisk indicates that deposits maturing in the next seven days to three years will receive an additional rate of 0.50 percent, deposits maturing in the next three to five years will receive an additional ROI of 0.15 percent over 0.50 percent, and the next Deposits maturing in Rs.500 will receive an additional ROI of 0.50 per cent and 0.50 per cent in five to ten years.