Bank of Baroda Savings Scheme: Bank of Baroda, the second largest public sector bank in the country, has the highest number of customers after SBI. Apart from customers, Bank of Baroda is also the second largest government bank in the country in terms of market cap. Bank of Baroda is offering great returns to its customers on various savings accounts. This government bank is giving bumper interest on FD (Fixed Deposit) accounts to its customers. Bank of Baroda is offering interest ranging from 3.50 percent to 7.05 percent on FD accounts of different tenures. Let us know how much interest will be earned if you deposit Rs 1 lakh in FD for 444 days in Bank of Baroda?
Bank of Baroda is giving interest up to 7.05 percent on 444 days FD
Bank of Baroda customers can also open an FD account for a minimum tenure of 7 days. Apart from this, you can make FD in this government bank for a maximum period of 10 years. In Bank of Baroda, interest ranging from 3.50 percent to 4.00 percent is available on FD scheme of 7 to 45 days. Similarly, Bank of Baroda is offering rates ranging from 5.00 percent to 5.50 percent on FD schemes with a tenure of 46 to 60 days, 5.50 percent to 6.00 percent on FD schemes with a tenure of 181 to 210 days, 6.45 percent to general citizens on special FD schemes of 444 days, 6.95 percent to senior citizens and 6.95 percent to very senior citizens. A hefty interest of 7.05 percent is being received.
How much interest will you get if you deposit ₹1,00,000 in FD for 444 days?
If you deposit Rs 1 lakh in 444 days FD scheme in Bank of Baroda, then on maturity, ordinary citizens will get a total of Rs 1,08,094 including fixed interest of Rs 8094. If you are a senior citizen and deposit Rs 1 lakh in 444 days FD in Bank of Baroda, then on maturity you will get a total of Rs 1,08,743 including fixed interest of Rs 8743. Similarly, if you are a very senior citizen and deposit Rs 1 lakh in 444 days FD in Bank of Baroda, then on maturity you will get a total of Rs 1,08,873 including fixed interest of Rs 8873.
