Bank of Baroda FD: Fixed deposits are a safe and reliable investment option. In this regard, the Bank of Baroda FD scheme offers good returns for investors. The bank offers interest rates on its FDs based on different tenures and categories. The 444-day FD scheme offers interest rates up to 6.60% for general citizens. Senior citizens above 60 years of age receive 7.10%, and super senior citizens above 80 years of age receive 7.20%.
Guaranteed Returns on 3-Year FDs
The 3-year tenure option in Bank of Baroda FD is also quite popular. This scheme offers 6.50% interest for general citizens, 7.00% for senior citizens, and 7.10% for super senior citizens. An investor investing ₹2 lakh can earn an interest of ₹42,682 to ₹47,015 upon maturity. This scheme is a good option for those who expect a safe investment with good returns over the long term.
A Reliable Option for Investors
Bank of Baroda FDs are considered safe investment instruments. The fixed interest rate and guaranteed returns make them popular among investors. Whether it’s a short-term FD or a long-term plan, Bank of Baroda assures its customers of guaranteed returns.
Disclaimer: The information in this article is for general information purposes only. Do not construe it as financial or investment advice. Before investing, consult your financial advisor or check the details on the bank’s official website.
