Bank of baroda new fd scheme: Bank of Baroda, who was involved in the list of big public sector banks of the country, recently launched a new fixed deposit scheme. Bob started FD in the name of Bob Square Drive Deposit Scheme on 7 April. The bank was offering interest on this at the rate of 7.15 per cent annually, but now the bank has reduced interest on this FD. This scheme is of a period of 444 days, which was similar to SBI Bank’s Amrit Vrishti Scheme. SBI’s special scheme is 444 days. These new rates have come into force from 5 May 2025.
Interest rate in BOB Square Drive Deposit Scheme
An interest offer was being offered to ordinary citizens annually to 7.15%, which has been reduced to 7.10%. Senior citizens should be offered 7.65% annual interest, which is being reduced to 7.60 interest. Apart from this, interest of 7.75% annual interest is being given to Super Senior Citizen citizens. The bank has reduced 0.05 percent interest on this FD.
BOB’s interest on FD
7 days to 14 days – 4.00 percent for the general public; 4.50 percent for Senior Citizen
15 days to 45 days – 4.00 percent for the general public; 4.50 percent for Senior Citizen
46 days to 90 days – 5.50 percent for the general public; 6 percent for senior citizens
91 days to 180 days – 5.60 percent for the general public; 6.10 percent for Senior Citizen
181 days to 210 days – 5.75 percent for the general public; 6.25 percent for Senior Citizen
211 days to 270 days – 6.25 percent for the general public; 6.75 percent for Senior Citizen
271 days and above and less than 1 year – 6.50 percent for the general public; 7 percent for senior citizens
1 year – 6.80 percent for the general public; 7.30 percent for Senior Citizen
More than 1 year and less than 400 days – 6.80 percent for the general public; 7.40 percent for Senior Citizen
More than 400 days and up to 2 years – 6.80 percent for the general public; 7.40 percent for Senior Citizen
More than 2 years and up to 3 years – 7.00 percent for the general public; 7.50 percent for Senior Citizen
More than 3 years and up to 5 years – 6.80 percent for the general public; 7.30 percent for Senior Citizen
From more than 5 years to 10 years – 6.50 percent for the general public; 7.50 percent for Senior Citizen
More than 10 years (Court Order Scheme) – 6.25 percent for the general public; 6.75 percent for Senior Citizen
444 days – (Square Drive Deposit Scheme) – 7.10 percent for the general public; 7.60 percent for Senior Citizen
EPFO’s big decision! Cancel check, neither company approval, 2 days to remove PF