The RBI has reduced the repo rate by 0.25 percent today, and as a result, banks are adjusting their Fixed Deposit (FD) interest rates.
With this rate cut, it’s expected that FD interest rates will decline. Bank of Baroda (BOB) has revised the interest rates on bulk FDs, ranging from Rs 3 crore to Rs 10 crore, effective from 7 February 2025.
These FDs are available for terms ranging from 7 days to 10 years. Customers can check the updated rates on the bank’s website or visit their branch for more information.
Bank of Baroda FD Interest Rates:
7 to 14 days
General Public: 5%
Senior Citizens: 5%
15 to 45 days
General Public: 5%
Senior Citizens: 5%
46 to 90 days
General Public: 5.75%
Senior Citizens: 5.75%
91 to 180 days
General Public: 5.75%
Senior Citizens: 5.75%
181 to 210 days
General Public: 6.50%
Senior Citizens: 6.50%
211 to 270 days
General Public: 6.75%
Senior Citizens: 6.75%
271 days to less than 1 year
General Public: 6.75%
Senior Citizens: 6.75%
1 year
General Public: 7.45%
Senior Citizens: 7.45%
1 year to 15 months
General Public: 6.85%
Senior Citizens: 6.85%
Above 2 years to 3 years
General Public: 6.50%
Senior Citizens: 6.50%
Above 3 years to 5 years
General Public: 6.00%
Senior Citizens: 6.00%
Above 5 years to 10 years
General Public: 5%
Senior Citizens: 5%