BOB Savings Scheme: Deposit ₹2,00,000 in Bank of Baroda and get fixed interest of ₹47,015 with guarantee – know details

Bank of Baroda is the second largest government bank in the country in terms of market cap. FDs can be made in Bank of Baroda for a period ranging from 7 days to 10 years.

Bank of Baroda Savings Scheme: After the RBI reduced the repo rate, all banks including Bank of Baroda have reduced the interest rates of FD. The repo rate has been reduced by 1.00 percent this year. However, the public sector Bank of Baroda is still offering great interest on FD to its customers. This government bank is giving interest ranging from 3.50 percent to 7.20 percent on FD. Today we are going to tell you about such an FD scheme of Bank of Baroda, in which by depositing Rs 2,00,000, a fixed interest of Rs 30,228 can be earned with guarantee.

Bank of Baroda is giving interest up to 7.20 percent on FD

Bank of Baroda is the second largest government bank in the country in terms of market cap. FD can be made in Bank of Baroda from 7 days to 10 years. This government bank is giving interest ranging from 6.50 percent to 7.10 percent on FDs of 1 to 3 years. The highest interest of 6.60 percent to 7.20 percent is being given on FDs of 444 days in this bank. Bank of Baroda is giving 0.50 percent more interest to senior citizens than the general public and 0.60 percent more interest to super senior citizens.

You will get fixed interest up to Rs 47,015 on Rs 2 lakh in 3-year FD

If you are a general citizen and deposit Rs 2,00,000 in a 3-year FD in Bank of Baroda, then you will get a total of Rs 2,42,681 on maturity, which includes a fixed interest of Rs 42,681. If you are a senior citizen and deposit Rs 2,00,000 in a 3-year FD in Bank of Baroda, then you will get a total of Rs 2,46,287 on maturity, which includes a fixed interest of Rs 46,287. Similarly, if you are a senior citizen and deposit Rs 2 lakh in a 3-year FD in Bank of Baroda, then you will get a total of Rs 2,47,015 on maturity, which includes a fixed interest of Rs 47,015.

Disclaimer: This article has been written for information purposes only. Before making any kind of investment or taking any financial risk, please consult your financial advisor. Informalnewz will not be responsible for any kind of risk.

The post BOB Savings Scheme: Deposit ₹2,00,000 in Bank of Baroda and get fixed interest of ₹47,015 with guarantee – know details first appeared on informalnewz.

News