New Delhi: Bank of Baroda has announced a change in interest rates on fixed deposits (FDs), following the footsteps of several public and private lenders such as SBI Bank, Axis Bank and HDFC Bank, among others. 


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The revised Bank of Baroda FD interest rates are effective from February 25. The revised interest rates vary from 2.80% to 5.25% depending on the term of the fixed deposit that can range between seven days to 10 years. 


Bank of Baroda FD Interest Rates 


For fixed deposits maturing in 7 days to 45 days, the Bank of Baroda is offering an interest rate of 2.80%. FDs with a term period of 46 days to 180 days will attract an interest rate of 3.7%. 


On the other hand, FDs maturing in 181 days to 270 days, investors can receive an interest rate of 4.30%. Moreover, the public sector bank is offering an interest rate of 4.4% on FDs maturing in 271 days or more but less than 1 year. 


Investors can now receive return at 5.1% for FD maturing in 1 year and upto three years. The FD is offering one of the best interest rates of 5.25% on FDs maturing in more than 3 years and up to 5 years. Also Read: Sensex, Nifty rebound tracking recovery in global peers


Moreover, the bank will continue offering senior citizens higher interest rates at  0.50% on domestic term deposits. The rates are valid for investment of Rs 2 crore or less. Also Read: Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto


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