Finance

Bank of Baroda increases FD rates

Bank of Baroda (BoB) has hiked interest rates for various fixed deposit tenures. This is applicable from 25th February, Friday, 2022. The interest rates for FDs maturing in 1 year have been increased from 4.90 percent to 5 percent. Meanwhile, BoB will pay an interest rate of 5.10 per cent to the depositors on Fixed Deposits maturing in 1 year to 2 years.

Bank of Baroda new FD rates from 25 February 2022

7 days to 14 days – 2.8 percent

15 days to 45 days – 2.8 percent

46 days to 90 days – 3.7 percent

91 days to 180 days – 3.7 percent

181 days to 270 days – 4.3 percent

271 days and above and less than 1 year – 4.4 percent

1 year – 5 percent

Above 1 year to 400 days – 5.1 percent

Above 400 days and up to 2 years – 5.1 percent

Above 2 years and up to 3 years – 5.1 percent

Above 3 years and up to 5 years – 5.25 percent

Above 5 years and up to 10 years – 5.25 percent

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