Baroda UP Gramin Bank: For your information, let us tell you that customers have to deposit a lump sum amount in bank FD only once. After that customer cannot deposit any additional amount in that account. The option to invest in FD is given to customers through banks. Customers can earn more interest by investing in Fixed Deposits.
What is the benefit of Baroda UP Gramin Bank Fixed Deposit
The customers of Baroda Uttar Pradesh Gramin Fixed Deposit account get more interest as compared to savings bank account. That is to say, the customers of the savings bank account get a lower rate of interest while the customers of the fixed deposit account get a higher rate of interest. Even if the customer comes under senior citizens, the customer will get more interest.
Things to keep in mind about investing in fixed deposits
Before investing in a fixed deposit, you have to compare the interest rate of all other banks side by side so that you can get the high interest rate on a good fixed deposit. If you need money urgently then you can avail the facility of Loan against Fixed Deposit or Overdraft. You must also make a nomination in your Fixed Deposit. To avoid TDS, customers can submit by filling Form 15G or Form 15H. Senior citizens should lose their fixed deposit account in such banks where they give extra interest ranging from 0.25% to 0.75%. You can give information regarding what you need to do on maturity while applying for Fixed Deposit offline or online. If you do not give any information in this regard, then the FD will be automatically renewed on maturity.
Baroda UP Gramin Bank FD Interest Calculator
FD Interest Calculator is a financial tool that allows online calculation of maturity rate of FDs on interest paid by banks on fixed deposits. The maturity amount of the fixed deposit is decided on the basis of the fixed deposit, interest rate, period of deposit, compound interest etc.
Baroda UP Gramin Bank FD Interest Rate (till October 28, 2021)
| maturity time | Interest Rate (Annual) |
| 30 (Days) | 3.00 % |
| 45 | 3.00 % |
| 60 | 4.50 % |
| 90 | 4.50 % |
| 120 | 4.50 % |
| 6 Months) | 4.50 % |
| 9 | 4.25% |
| 12 | 5.30% |
| 2 (Years) | 5.30% |
| 3 | 5.30% |
| 4 | 5.30% |
| 5 | 5.30% |
| 10 | 5.30% |
