Bank of Baroda (BoB), a public sector lender, has revised interest rates on fixed deposits (FDs) with effect from March 22. After this revision, Bank of Baroda's latest FD interest rates varies from 2.80 percent to 5.55 percent for maturities ranging from 7 days to 10 years.
Bank of Baroda offers a 2.80 percent interest rate on FDs due in 7 to 45 days. BoB offers interest rates of 3.7 percent and 4.30 percent for maturities ranging from 46 days to 180 days and 181 days to 270 days, respectively. On FDs maturing in 271 days or more but less than 1 year, it is 4.4%
For deposits maturing in one year, it is 5%.
Bank of Baroda will offer 5.1 percent on deposits held for more than a year and up to three years. Bank of Baroda offers the highest rate of 5.35 percent on FDs with terms of more than 3 years and up to 10 years.
Bank of Baroda's latest FD interest rates for the general public:
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7 days to 14 days- 2.80%
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15 days to 45 days- 2.80%
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46 days to 90 days- 3.70%
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91 days to 180 days- 3.70%
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181 days to 270 days -4.30%
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271 days & above and less than 1 year 4.4
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1 year 5
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Above 1 year to 400 days -5.2
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Above 400 days and up to 2 Years- 5.2
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Above 2 Years and up to 3 Years -5.2
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Above 3 Years and up to 5 Years -5.35
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Above 5 Years and up to 10 Years- 5.35
Fixed Deposit Interest Rates of India's Top 10 Banks for Deposits Less Than Rs.2 Crore
As of March 2022, the following are the most recent interest rates given by top banks for terms ranging from 7 days to 10 years:
|
Name Of Banks |
For General Citizens(p.a.) |
For Senior Citizens(p.a.) |
|
State Bank of India FD |
2.90% to 5.50% |
3.40% to 6.30% |
|
HDFC Bank FD |
2.50% to 5.60% |
3.00% to 6.35% |
|
Punjab National Bank FD |
2.90% to 5.25% |
3.50% to 5.75% |
|
Canara Bank FD |
2.90% to 5.50% |
2.90% to 6.00% |
|
Axis Bank FD |
2.50% to 5.75% |
2.50% to 6.50% |
|
Bank of Baroda FD |
2.80% to 5.25% |
3.30% to 6.25% |
|
IDFC Bank FD |
2.50% to 6.00% |
3.00% to 6.50% |
|
Bank of India FD |
2.85% to 5.05% |
3.35% to 5.55% |
|
Punjab and Sind Bank FD |
3.00% to 5.30% |
3.50% to 5.80% |
Best FD Rates in India among Top 10 Banks
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IDFC Bank offers the highest FD interest rate of 6.00% p.a. which is for tenure of 5 years and above for the general public. For senior citizens, the interest rate is up to 6.50%.
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The second highest interest rate is 5.75% p.a. which is offered by Axis Bank for tenure of 5 years and above.
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The third highest interest rate being offered is 5.60% p.a. which is offered by HDFC for tenure of 5 years and above.
