If you deposit 2 lakh rupees, you will get a fixed interest of Rs 32,044 after 2 years
Bank of Baroda Savings Scheme: Bank of Baroda of the public sector is the second largest government bank in the country in terms of market cap. Bank of Baroda (BOB) has also cut the interest rates of savings schemes after the Reserve Bank of India reduced the repo rate. However, despite this, there is a great return on the savings schemes of Bank of Baroda. In a savings scheme of Bank of Baroda, you can get a fixed return of Rs 32,044 by depositing Rs 2 lakh.
Bank of Baroda is paying interest of up to 7.65 percent on FD
If you deposit Rs 2 lakh in FD of 2 years duration of Bank of Baroda, then you will get a fixed return of Rs 32,044 directly. The bank of Baroda of the public sector is paying bumper interest ranging from 4.25 percent to 7.65 percent to its customers on different duration FD schemes. Bank of Baroda is paying 7.00 percent to ordinary citizens on 2 -year FD and 7.50 percent to senior citizens.
If you deposit 2 lakh rupees, you will get a fixed interest of Rs 32,044 after 2 years
A fixed interest of Rs 32,044 can be obtained by depositing Rs 2 lakh in 2 years FD of Bank of Baroda. If an ordinary citizen, who is under 60 years of age and he deposits Rs 2,00,000 in 2 years FD in Bank of Baroda, he will get a total of Rs 2,29,776 on maturity. It will get Rs 29,776 as fixed interest. Similarly, if a senior citizen, whose age is 60 years or more and he deposits Rs 2,00,000 in it, he will get a total of Rs 2,32,044 on maturity, in which the fixed interest will get Rs 32,044 as fixed interest.
Disclaimer: This article has been written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.
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