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Bank of Baroda Increases Fixed Deposit Interest Rates by up to 100 BPS

Are you a Bank of Baroda Customer who has invested in Fixed Deposits with them? If yes, then there is great news for you: Bank of Baroda has increased Fixed Deposit Interest Rates by up to 100 BPS. All these new interest rates are applicable from November 14, 2022 on all the domestic fixed deposits and NRE term deposits under Rs. 2 Crore.

Check this article to learn about the new and improved fixed deposit interest rates which are going to blow your FDs for better.

Bank of Baroda’s Fixed Deposit Interest Rates

The following table has the old interest rates along with the new and increased ones for the general public.

TenorsOld Rate (% p.a.)New Rate (% p.a.)
(w.e.f. 14.11.2022)
46 Days to 90 Days4.004.50
91 Days to 180 Days4.004.50
181 Days to 270 Days4.655.25
271 Days to less than 1 Year4.655.50
1 Year5.506.10
Above 1 Year to 400 days5.506.10
Above 400 days to 2 Years5.506.10
Above 2 Years to 3 Years5.556.25
Above 3 Years to 5 Years5.656.10
Above 5 Years to 10 Years5.656.10
Above 10 Years5.106.10
Baroda Tiranga Deposits – 444 Days5.756.10
Baroda Tiranga Deposits – 555 Days6.006.10

Bank of Baroda Senior Citizen Interest Rates

The following table has the old and new interest rates which are available with Bank of Baroda for senior citizens.

TenorsOld Rate (% p.a.)New Rate (% p.a.)
(w.e.f. 14.11.2022)
46 Days to 90 Days4.505.00
91 Days to 180 Days4.505.00
181 Days to 270 Days5.155.75
271 Days to less than 1 Year5.156.00
1 Year6.006.60
Above 1 Year to 400 days6.006.60
Above 400 days to 2 Years6.006.60
Above 2 Years to 3 Years6.056.75
Above 3 Years to 5 Years6.306.75
Above 5 Years to 10 Years6.656.90
Above 10 Years5.606.60
Baroda Tiranga Deposits – 444 Days6.256.60
Baroda Tiranga Deposits – 555 Days6.506.60

Bank of Baroda savings account interest rate

Interest rates on bulk Saving Deposits of Rs. 50 crore and above have also been raised by up to 25 basis points to less than Rs. 200 crore. Rates up to Rs 50 crore are unchanged at 2.75%

SB Interest Rate Slab on O/S BalanceOld Rate (% p.a.)New Rate (% p.a.)
(w.e.f. 14.11.2022)
Rs 50 Crore and above to less than Rs 100 Crore0.030.03
Rs 100 Crore and above to less than Rs. 200 Crore0.030.03

Also Read:

More than 8% Annual Returns on Fixed Deposits for Senior Citizens

Komalpreet

Words help me express the unsaid and we have come a long way while walking hand in hand like that so now I write about anything and everything that ignites the spark of inspiration in me.

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