Deposit ₹1,00,000 in Bank of Baroda and get fixed interest of ₹41,478, check calculation

Bank of Baroda is offering interest ranging from 3.50 per cent to 7.05 per cent to its customers on FD schemes of different tenures.

This government bank is offering interest up to 7.00 percent on 5-year FD scheme.

Bank of Baroda Savings Scheme: Bank of Baroda is a government bank, which is offering excellent interest on FD schemes to its customers. An FD account can be opened in Bank of Baroda for a minimum of 7 days. Furthermore, FDs can be made for a maximum period of 10 years in this government bank. Bank of Baroda is offering its customers interest ranging from 3.50 percent to 7.05 percent on FD schemes with different tenures. Here we will learn about one such FD scheme of Bank of Baroda, in which a fixed interest of up to Rs 41,478 can be earned by depositing just Rs 1 lakh.

This government bank is offering interest up to 7.00 percent on 5-year FD scheme.

Bank of Baroda is offering the highest interest on its 444-day special FD scheme. This bank is offering the highest interest rate of 6.45 percent to general citizens, 6.95 percent to senior citizens (above 60 years) and 7.05 percent to very senior citizens (above 80 years) on the 444-day 'bob Square Drive Deposit Scheme'. Apart from this, Bank of Baroda is offering bumper interest of 6.30 percent to general citizens, 6.90 percent to senior citizens and 7.00 percent to very senior citizens on its 5-year FD scheme.

On depositing Rs 1,00,000, you will get fixed interest up to Rs 41,478

If you are a normal citizen and deposit Rs 1,00,000 in a 5-year FD scheme with Bank of Baroda, you will receive a total of Rs 1,36,690 on maturity, which includes a fixed interest of Rs 36,690. If you are a senior citizen and deposit Rs 1,00,000 in a 5-year FD scheme with Bank of Baroda, you will receive a total of Rs 1,40,784 on maturity, which includes a fixed interest of Rs 40,784. And if you are a super senior citizen and deposit Rs 1,00,000 in a 5-year FD scheme with Bank of Baroda, you will receive a total of Rs 1,41,478 on maturity, which includes a fixed interest of Rs 41,478.

PC:Jagran