How much interest will be given on 271 days FD in Bank of Baroda, what are the rates for senior citizens

bank of Baroda is a major government bank of the country. This government bank is giving excellent returns to its customers on fixed deposit (FD) accounts. Bank of Baroda is offering bumper interest ranging from 3.50 percent to 7.35 percent on FD schemes of different tenures. Let us know how much interest is being given on 271 days FD scheme in Bank of Baroda. Along with this, we will also know how much return this government bank is giving on FD accounts to senior citizens?

How much interest is Bank of Baroda giving on 271 days FD scheme?

Bank of Baroda allows its customers to open FD accounts for the shortest tenure ranging from a minimum of 7 days to a maximum of 10 years. FD account can be opened in Bank of Baroda for a period of 271 days. This bank is offering interest ranging from 6.00 percent to 6.50 percent on FD account with a tenure of 271 days.

What is the maximum amount that can be invested in the FD scheme of Bank of Baroda?

Bank of Baroda is offering 6.00 percent interest to all customers up to 59 years on FD accounts of 271 days. Apart from this, this government bank is offering 6.50 percent interest on FD scheme of 271 days to all senior citizens and very senior citizens aged 60 years and above. Let us tell you that you can invest only a maximum of Rs 3 crore in this FD scheme of Bank of Baroda.

How much extra return is the government bank giving to senior citizens?

Let us tell you that Bank of Baroda gives 0.50 percent more interest on FD accounts to senior citizens as compared to general citizens. Apart from this, this government bank gives 0.10 percent more interest to very senior citizens than senior citizens on FD accounts with select tenures. However, this bank is giving equal interest to senior citizens and very senior citizens on FD of 271 days.

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