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Bank of Baroda launches ‘Monsoon Dhamaka’ scheme, will get interest up to 7.75%

BoB Monsoon Dhamaka Scheme: Bank of Baroda (BoB) has launched two new deposit schemes named ‘Monsoon Dhamaka’. It includes two deposit schemes of 333 days and 399 days. The maximum interest rate is 7.75%.

New Delhi. Bank of Baroda (BoB) has launched two new deposit schemes named ‘Monsoon Dhamaka’. Under this scheme, 7.15% annual interest will be given on FD for 333 days. At the same time, senior citizens will be given interest at the rate of 7.65% per annum.

In the second deposit scheme, 7.25% annual interest will be given on FD for 399 days. At the same time, senior citizens will be given interest at the rate of 7.75% per annum.

Bank of Maharashtra is also offering four special schemes

Bank of Maharashtra has launched four special deposit schemes for different periods. In this, investment will have to be made in FD of 200 days, 400 days, 666 days and 777 days. The interest rate for 200-day deposit is 6.9%, for 400-day deposit the interest rate is 7.10%, for 666-day deposit the interest rate is 7.15% and for 777-day deposit the interest rate is 7.25%.

BOB’s new FD rates

7 days to 14 days – For general public: 4.25 percent; For senior citizens: 4.75 percent

15 days to 45 days – For general public: 6 percent; For senior citizens: 6.50 percent

46 days to 90 days – For general public: 5.50 percent; For senior citizens: 6 percent

91 days to 180 days – For general public: 5.60 percent; For senior citizens: 6.10 percent

181 days to 210 days – For general public: 5.75 percent; For senior citizens: 6.25 percent

211 days to 270 days – For general public: 6.15 percent; For Senior Citizens: 6.65 per cent

271 days and above and less than 1 year – For General Public: 6.25 per cent; For Senior Citizens: 6.75 per cent

333 days – (Monsoon Dhamaka Deposit Scheme) – For General Public: 7.15 per cent; For Senior Citizens: 7.65 per cent

360 days (BOB 360) – For General Public: 7.10 per cent; For Senior Citizens: 7.60 per cent

1 year – For General Public: 6.85 per cent; For Senior Citizens: 7.35 per cent

399 days – (Monsoon Dhamaka Deposit Scheme) – For General Public: 7.25 per cent; For Senior Citizens: 7.75 per cent

More than 1 year to 400 days – For General Public: 6.85 per cent; For Senior Citizens: 7.35 per cent

More than 400 days and upto 2 years – For General Public: 6.85 per cent; For Senior Citizens: 7.35 per cent

More than 2 years and upto 3 years – For General Public: 7.15 per cent; For Senior Citizens: 7.65 per cent

More than 3 years and upto 5 years – For General Public: 6.50 per cent; For Senior Citizens: 7.00 per cent

More than 5 years to 10 years – For General Public: 6.50 per cent; For Senior Citizens: 7.50 per cent

More than 10 years (Court Order Scheme) – For General Public: 6.25 per cent; For Senior Citizens: 6.75 per cent.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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