Bank of Baroda FD Scheme:
If you are planning to make a safe investment in a Fixed Deposit (FD) at this time, then Bank of Baroda's FD scheme could be an excellent option for you. Due to the continuous reduction in the repo rate by the Reserve Bank of India (RBI), all banks in the country have reduced their FD interest rates. So far this year, the repo rate has been cut by up to 1.00%.
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Despite this, Bank of Baroda—a leading public sector bank—continues to offer competitive interest rates to its customers. The bank is currently offering interest rates ranging from 3.50% to 7.20% on FDs, which is considered an attractive return in the current market scenario.
Bank of Baroda FD Scheme 2025: Complete Information on Interest Rates
Bank of Baroda is the second-largest government bank in the country, with a strong market capitalization. The bank offers FD investment options ranging from 7 days to 10 years. If you invest in an FD for a period of 1 to 3 years, the bank is offering interest rates between 6.50% and 7.10%.
Additionally, under a special FD scheme of 444 days, customers are being offered interest rates ranging from 6.60% to 7.20%.
Special Interest Benefit for Senior Citizens:
Senior citizens receive 0.50% higher interest compared to regular customers.
Super senior citizens (aged 80 years and above) are offered an additional 0.60% interest benefit.
This clearly indicates that if you are a senior citizen, Bank of Baroda's FD scheme can prove to be an especially advantageous investment option for you.
How Much Interest Will You Earn on a ₹2 Lakh FD?
Now let’s talk about the most important question every investor wants to know — if you invest ₹2,00,000 in an FD, how much interest will you earn and what will be the total return?
For General Public:
If you invest ₹2 lakh in a fixed deposit with Bank of Baroda for 3 years, you will receive a total of ₹2,42,681 at maturity. This includes a fixed interest of ₹42,681, which offers a safe and stable return.
For Senior Citizens:
As a senior citizen, you will receive a total of ₹2,46,287 on a 3-year FD, which means a profit of ₹46,287 as interest. These returns are due to the additional interest rates available specifically for senior citizens.
For Super Senior Citizens:
If you are 80 years old or above and invest ₹2,00,000 for three years, you will receive a total of ₹2,47,015, out of which ₹47,015 will be earned as fixed interest. This means a guaranteed profit of around ₹47,000 in just three years.
Key Benefits of the Bank of Baroda FD Scheme
The Bank of Baroda Fixed Deposit Scheme not only offers attractive interest rates but also provides several other benefits to investors, making it a well-rounded savings option.
Documents Required for FD
The following documents are required to open an FD account in Bank of Baroda:
.Identity Proof: Aadhaar Card / PAN Card / Voter ID / Passport
.Address Proof: Electricity Bill / Ration Card / Telephone Bill
.Passport-size Photograph
Bank Account Details or Passbook
How to Open a Bank of Baroda FD?
The process of opening an FD in Bank of Baroda is quite simple. You can complete it either online or offline by visiting a bank branch.
Online Method:
Visit the Bank of Baroda website or download the mobile app.
Select the “Open Fixed Deposit” option.
Fill in the required details – such as amount, tenure, type of interest, etc.
Upload the necessary documents and complete the KYC process.
Once submitted, your FD account will be activated immediately.
Offline Method:
Visit the nearest Bank of Baroda branch.
Fill out the FD application form.
Submit the required documents and deposit the amount.
The bank will provide you with an FD receipt (FD Certificate).
Conclusion: Why Choose Bank of Baroda's FD Scheme?
If you're looking for a low-risk, high-stability investment option in 2025, Bank of Baroda's Fixed Deposit scheme is perfectly suited for you. While stock market returns can be affected by market uncertainty, Bank of Baroda's FD scheme offers guaranteed and stable returns.
What makes it even more attractive is the additional interest benefit offered especially to senior citizens and super senior citizens. The opportunity to earn up to ₹47,015 in fixed returns on a ₹2 lakh FD is highly beneficial—especially for investors who want to earn from their capital without taking any risks.
Disclaimer: All the information provided in this article is based on details available on the internet.
For more details visit Nearest Bank of Baroda branch
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