bank Of Baroda is offering bumper interest to its customers on fixed deposit (FD) accounts. This government bank is offering excellent interest ranging from 3.50 percent to 7.35 percent on FD accounts. Here we will know how much interest is available on 12 month FD scheme in Bank of Baroda. Along with this, we will also know what returns this government bank is giving to senior citizens on FD accounts?
Interest ranging from 6.25 percent to 6.75 percent is available on FD accounts with a tenure of 12 months.
FD account can be opened in Bank of Baroda for the shortest period of minimum 7 days. Additionally, you can open an FD account in this bank for a maximum maximum tenure of 10 years. FD account can be opened in Bank of Baroda for a period of 12 months i.e. 1 year. This bank is offering interest ranging from 6.25 percent to 6.75 percent on FD accounts with a tenure of 12 months.
Who will get how much interest on 12 months FD in Bank of Baroda?
Bank of Baroda is offering 6.25 percent interest to all customers up to 59 years of age on FD accounts with a tenure of 12 months. Apart from this, this government bank is offering 6.75 percent interest on 12 month FD scheme to all senior citizens and very senior citizens aged 60 years and above. Let us tell you that you can invest 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 12 month FD scheme.
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SK Sharma is a content writer who writes on news, entertainment, and lifestyle topics. She has over four years of experience and is known for conveying information in simple and clear language.
