The Reserve Bank of India has cut the repo rate by 0.25 percent in December.
With this, the repo rate has been reduced by 1.25 percent this year.
While loan EMIs have become cheaper after this cut, fixed deposit returns have come under pressure.
Many banks have reduced FD interest rates.
However, Bank of Baroda has not announced any FD rate cut yet.
This means customers can still lock in attractive and guaranteed returns on their savings.
Bank of Baroda FD Interest Rates Explained
Bank of Baroda allows fixed deposits for periods ranging from 7 days to 10 years.
The bank currently offers FD interest rates between 3.50 percent and 7.20 percent.
For the popular 444-day FD, the interest rates are:
6.60 percent for general citizens
7.10 percent for senior citizens
7.20 percent for super senior citizens (80 years and above)
For a 3-year FD, the rates are:
6.50 percent for general citizens
7.00 percent for senior citizens
7.10 percent for super senior citizens
How Much Will ₹1 Lakh Grow in 3 Years?
A fixed deposit of ₹1 lakh for 3 years can earn solid guaranteed returns.
General citizens will get ₹1,21,341 on maturity, with interest of ₹21,341
Senior citizens will receive ₹1,23,144, earning ₹23,144 as interest
Super senior citizens will get ₹1,23,508, with fixed interest of ₹23,508
Why This FD Still Looks Attractive
Even as interest rates soften across the market, Bank of Baroda’s FD schemes continue to offer stable and risk-free returns.
For investors looking for safe income and guaranteed maturity value, especially senior and super senior citizens, this FD option remains worth considering before rates change.
