Senior Citizens FD Rate: Big News! Senior Citizen will get big benefit, this bank has increased the interest rates on FD.

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Featured Personal Finance Senior Citizens FD Rate: Big News! Senior Citizen will get big benefit, this bank has increased the interest rates on FD. By Shyamu Maurya December 31, 2023 0 1 Share Facebook Twitter Pinterest WhatsApp Telegram Senior citizens FD Rate Big News! Senior Citizen will get big benefit, this bank has increased the interest rates on FD. Bank of Baroda latest FD rates: There is a good news for senior citizens.

If you invest in FD, now Bank of Baroda has increased the interest rates on FD tremendously. Let us know which FD is getting the highest interest… Public sector Bank of Baroda (BOB) has increased the interest rates on fixed deposits (FD) of various tenures by 1. 25 percent.

Earlier, State Bank of India (SBI) had also increased the interest rates on fixed deposits. BOB said in a statement, ‘The interest rate on fixed deposits of various tenures up to Rs 2 crore has been increased from 0. 01 percent to 1.

25 percent. ’ The new rates are applicable from December 29, 2023. According to the statement, the maximum increase of 1.

25 percent has been made in the period of 7-14 days. The interest rate for these deposits has been increased from three percent to 4. 25 percent.

After this, the interest rate has been increased by one percent to 4. 50 percent for the full period of 15-45 days. New rates for senior citizens There is good news here for senior citizens also.

Let us tell you that now Bank of Baroda will provide 4. 75% to 7. 75% interest rate to senior citizens on deposits maturing in seven days to ten years.

Union Bank increased FD rates Apart from this, Union Bank of India also increased the interest rates on FD. Interest rates on fixed tenure FDs for amounts less than ₹2 crore have been increased by up to 25 basis points (BPS). These rates are effective from December 27.

After the latest increase, the bank is offering interest rates ranging from 3% to 7. 25% on FDs maturing in seven days to ten years. Join Informal Newz Tags Senior Citizen senior citizens Senior citizens FD Rate Share Facebook Twitter Pinterest WhatsApp Telegram Previous article Tax Saving Tips: Good News! If you want to save lakhs of income tax in 2024 then know the method, do tax planning like this 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.

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