Bank of Baroda, a leading public sector bank, is still offering attractive fixed deposit (FD) interest rates despite recent cuts by the Reserve Bank of India.
While many banks have reduced FD returns after the repo rate was lowered, Bank of Baroda continues to provide good options for investors looking for safe and steady income.
FD accounts with Bank of Baroda can be opened for periods ranging from 7 days to 10 years.
The bank currently offers interest rates between 3.50 percent and 7.05 percent, depending on the tenure and the age of the depositor.
Special 444-Day FD Offers Higher Returns
One of the most attractive options from Bank of Baroda is its 444-day special FD scheme.
This scheme offers higher interest compared to regular deposits.
General citizens earn 6.45 percent interest under this plan.
Senior citizens aged 60 years and above get 6.95 percent, while very senior citizens above 80 years receive the highest rate of 7.05 percent.
5-Year FD Can Grow ₹1 Lakh into ₹1.41 Lakh
Bank of Baroda is also offering strong returns on its 5-year FD scheme.
General citizens get an interest rate of 6.30 percent, senior citizens receive 6.90 percent, and very senior citizens earn 7.00 percent.
If a general citizen invests ₹1 lakh for 5 years, the maturity amount will be ₹1,36,690, which includes ₹36,690 as interest.
Senior citizens investing the same amount will receive ₹1,40,784, earning ₹40,784 as interest.
Very senior citizens benefit the most.
A ₹1 lakh deposit for 5 years grows to ₹1,41,478, giving a fixed interest of ₹41,478.
Why This FD Scheme Is Worth Considering
With stable returns and government backing, Bank of Baroda’s FD schemes remain a reliable option for conservative investors.
These plans are especially beneficial for senior and very senior citizens looking for predictable income and capital safety.
