Bank of Baroda: FD interest rate increased, invest today itself


If you are planning to invest to improve your future, then this news is useful for you. You can invest in Bank of Baroda's FD. This bank has recently increased its FD interest rates by 30 basis points.

These increased interest rates of Bank of Baroda have been implemented from May 12 on FDs of less than Rs 2 crore. Interest rates have also been increased on Baroda Tricolor Plus Deposit Scheme by Bank of Baroda.

In the 399 days Baroda Tiranga Plus Deposit Scheme, the bank is now offering an annual interest rate of up to 7.90 percent to customers, including a 0.50 percent per annum interest rate for senior citizens. 

After the increase in the interest rate, the bank is giving interest rates of 3 to 7.25 percent to general customers and 3.5 to 7.75 percent to senior citizens on investment in FD.

PC: money control