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HomePersonal FinanceFD Scheme: Deposit ₹1,00,000 in Bank of Baroda and get fixed interest...

FD Scheme: Deposit ₹1,00,000 in Bank of Baroda and get fixed interest of ₹41,478, check calculation

Bank of Baroda is offering bumper interest of 6.30 percent to general citizens, 6.90 percent to senior citizens and 7.00 percent to very senior citizens on FD scheme with a tenure of 5 years.

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Bank of Baroda FD Scheme: Bank of Baroda, a public sector bank, is offering excellent interest rates on its FD schemes to its customers. Bank of Baroda offers interest rates ranging from 3.50% to 7.05% on FD accounts. FD accounts can be opened with this public sector bank for a minimum tenure of 7 days to a maximum of 10 years. Here, we will tell you about one such FD scheme from Bank of Baroda, in which you can earn a fixed interest of up to ₹41,478 by depositing just ₹1 lakh.

How much interest is Bank of Baroda offering on a 5-year FD scheme?

Bank of Baroda is offering the highest interest rate to its customers on its 444-day special FD scheme. This public sector bank is offering the highest interest rate of 6.45 percent for general citizens, 6.95 percent for senior citizens (above 60 years) and 7.05 percent for very senior citizens (above 80 years) on its 444-day FD scheme. Furthermore, Bank of Baroda is offering bumper interest rates of 6.30 percent for general citizens, 6.90 percent for senior citizens and 7.00 percent for very senior citizens on its 5-year FD scheme.

A deposit of Rs. 100,000 will earn a fixed interest of up to Rs. 41,478.

If you are a regular citizen and deposit Rs. 100,000 in a 5-year FD scheme with Bank of Baroda, you will receive a total of Rs. 136,690 at maturity, including a fixed interest of Rs. 36,690. If you are a senior citizen and deposit Rs. 100,000 in a 5-year FD scheme with Bank of Baroda, you will receive a total of Rs. 140,784 at maturity, including a fixed interest of Rs. 40,784. If you are a super senior citizen and deposit Rs. 100,000 in a 5-year FD scheme with Bank of Baroda, you will receive a total of Rs. 141,478 at maturity, including a fixed interest of Rs. 41,478.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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