When it comes to investment, most people invest money in bank FDs. This is because, in FD, investors get the guarantee of fixed returns along with the safety of money. If you are also planning to invest in FD (Bank Of Baroda Fd), then you can get bumper returns by investing in the FD of this government bank. Let us know about this through the news.
Know which bank is giving bumper interest on FD-
We are talking about the Bank of Baroda. Let us tell you that the Bank of Baroda is one of the largest government banks in the country. Many types of FDs are offered to customers by the Bank of Baroda. Bank of Baroda (BOB FD Rates) is one of the largest government banks in the country. Customers get returns at different interest rates on the FDs offered by Bank Offer Baroda. Bank of Baroda Bank FD Rates-
If we talk about FD interest rate, then the interest rates of Bank of Baroda FD (BOB FD interest rates) start from 4.25 percent, which goes up to 7.65 percent. If you invest in this bank, then you can take advantage of bumper interest (BOB FD Interest rate) by investing in FD of 2 years duration. Bank of Baroda is offering a return of 7 percent to general customers and 7.50 percent interest rate to senior citizens in its 2-year duration FD.
How much will be the profit on investment of 1 lakh-
If you invest in this bank (BOB FD Investment), then on investing 1 lakh rupees in FD of Bank of Baroda of 2 years duration, common citizens will get a return of Rs 1,14,888. At the same time, senior citizens (Senior Citizens FD Rates) will get Rs 1,16,022. If you are a senior citizen and invest in the FD of this bank, then you will get a profit of more than Rs 16,000.
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