Square drive deposit scheme
Most of the banks have reduced interest on FD after the ritual reserve back (RBI) cut the repo rate twice in a row. Due to this, the return on FD has reduced. However, it is not that the chance to get great returns on FD is over. Many banks are still getting better returns on special FD schemes. He has a scheme bank of Baroda’s Square Drive Deposit Scheme. Let’s know about this 444 FD scheme.
Common people get interest at the rate of 7.10%
The BOB Square Drive Deposit Scheme is a 444-day deposit scheme, which is 7.10% per year for the general public, 7.60% per year for senior citizens, 7.70% per year for very senior citizens (80 years or above) and 7.70% per year for extremely senior citizens (80 years or older) and non-collective (more than Rs 3 crore) on Rs 3 crore from Rs. 7.75% per year. sending out. You can get better returns by investing in this 444 -day FD.
How to open FD in Bank of Baroda?
You can open FDs by going through online platforms like the World App, Internet Banking of Bank of Baroda or by going to the branch.
100000 rupees will be available on maturity
If you invest Rs 100000 in the Square Drive Deposit Scheme of Bank of Baroda, then you will get Rs 1,08,938 on maturity. That is, a fixed return of Rs 8,938.
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