FD interest rate up to 7.9%: Bank of Baroda launches new special FD scheme offering higher interest rates; Check details The bank offers FD interest rate between 4.25% to 7.25% for general citizens on tenure between 7 days to 10 years for amounts below Rs 3 crore for callable deposits
Bank of Baroda has launched a new special fixed deposit scheme with higher interest rates known as bob Monsoon Dhamaka Deposit Scheme. The bank has also revised its fixed deposit interest rates.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} Get up to 8.5% FD rate: SBI vs HDFC Bank vs ICICI Bank vs Canara Bank vs PNB; Latest fixed deposit interest rates in July 2024
bob Monsoon Dhamaka Deposit Scheme details
The bob Monsoon Dhamaka Deposit Scheme is available in two tenor buckets – offering interest rates of 7.25% per annum for 399 days and 7.15% for 333 days. The scheme opens on 15th July, 2024 and is applicable on retail deposits below Rs 3 crore.According to a Bank of Baroda press release issued on July 15, 2024, “Senior citizens will earn an additional interest rate of 0.50% p.a. – 7.75% p.a. for 399 days and 7.65% p.a. for 333 days. Further, Non-Callable Deposits will get 0.15% extra (applicable on minimum deposits above Rs 1 crore to less than Rs 3 crore). The bob Monsoon Dhamaka Deposit Scheme offers a maximum interest of 7.90% p.a for 399 Days, which includes 0.50% p.a. for senior citizens and 0.15% for non-callable deposits.”
bob Monsoon Dhamaka Deposit Scheme w.e.f. 15.07.2024 CallableNon-Callable(Deposits above Rs 1 crore to less than Rs 3 crore)TenorsResidents/General Public/NRO/NRE*Resident Senior CitizensResidents/General Public/NRO/NRE*Resident Senior Citizens399 days7.25% p.a.7.75% p.a.7.40% p.a.7.90% p.a.(7.25 + 0.15)(7.25 + 0.50 + 0.15)333 days7.15% p.a.7.65% p.a.--
*NRE customers can avail the 399 Days bob Monsoon Dhamaka Deposit Scheme and Non-Callable Deposits less than Rs. 2.00 crore only.
Latest Bank of Baroda FD interest rate
The bank offers FD interest rate between 4.25% to 7.25% for general citizens on tenure between 7 days to 10 years for amounts below Rs 3 crore for callable deposits.enorsResidents / General PublicResident Indian Sr. Citizen7 days to 14 days4.254.75*15 days to 45 days66.50*46 days to 90 days5.56.00*91 days to 180 days5.66.10*181 days to 210 days5.756.25*211 days to 270 days6.156.65*271 days & above and less than 1 year (except 333Days and 360 Days)6.256.75*333 Days (bob Monsoon Dhamaka Deposit Scheme)7.157.65*360 Days (bob360)7.17.60*1 year6.857.35*399 Days (bob Monsoon Dhamaka Deposit Scheme)7.257.75*Above 1 year to 400 days6.857.35*Above 400 days and upto 2 Years6.857.35*Above 2 Years and upto 3 Years7.157.65*Above 3 Years and upto 5 Years6.57.15 #Above 5 Years and upto 10 Years6.57.50**Above 10 years (MACT/MACAD6.256.75*Court Order schemes only)
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This story originally appeared on: India Times - Author:Faqs of Insurances
