Fixed Deposit Scheme: Bank of Baroda has recently increased the interest rates offered on the Tricolor Deposit Scheme. Which is a special retail term deposit scheme of limited duration.
Tiranga Deposit Interest Rate: If you like to invest then you should invest in this scheme of Bank of Baroda. You can get good returns by investing in this scheme of Bank of Baroda. Bank of Baroda has recently increased the interest rates offered on the Tricolor Deposit Scheme. Which is a special retail term deposit scheme of limited duration. Under the Tricolor Deposit Scheme in Bank of Baroda ( Tiranga Deposit ), an option is being given to invest for two periods of 444 days and 555 days.
Explain that the Baroda Tiranga scheme now offers interest at the rate of up to 7.50% per annum to depositors, which includes 0.50% per annum for senior citizens and 0.25% for non-refundable deposits. Savers interested in availing this higher rate will have to invest early as the scheme will close on December 31, 2022. You still have a chance to take advantage of the Tricolor Deposit Scheme of Bank of Baroda.
Existing Bank of Baroda customers can easily open FD online through the Bank’s Mobile Banking App (Bob World) or Net Banking (Bob World Internet). Bank of Baroda has increased retail term deposits by up to 65 bps. These rates will be applicable from December 26, 2022 to FDs of less than Rs 2 crore.
Bank of Baroda FD Rates
- The bank will give an interest rate of 5.75% on deposits of 211 and 270 days and 271 days and above and less than 1 year.
- Fixed Deposits with maturity of one year, 1 year, 1 year to more than 400 days, 400 days to 2 years and 2 years to 3 years will now get 6.75% interest.
- In Bank of Baroda, the interest rate on FDs maturing in more than three years and up to ten years has increased from 6.25%.
- Under the Baroda Tiranga Deposit Scheme, Bank of Baroda is also offering an interest rate of 6.75% p.a. on 444-day and 555-day FDs.
