FD Update: This bank is giving the highest interest on FD, you will get a profit of Rs 47,015 on an investment of Rs 2 lakh..

Recently, the RBI has cut the repo rate for the third consecutive time, and this cut has been done more than expected. This has benefited the loan customers a lot. Banks have reduced the interest rates on loans.

Along with this, many banks in the country have reduced the interest rates of FD, but even after this, many government and private banks in the country are giving good interest on FD. If you are thinking of investing, then this is the right opportunity. Today, we are going to tell you about a bank that is offering the highest interest to its customers.

We are talking about the public sector Bank of Baroda, which is giving interest ranging from 3.50 percent to 7.20 percent on FD to its customers. By depositing Rs 2,00,000 in the FD of this bank, you can get a fixed interest of Rs 30,228. The highest interest is being given on a 3-year FD -

In terms of market cap, Bank of Baroda (BoB FD Rates) is the second-largest government bank in the country. In Bank of Baroda, you can get an FD from 7 days to 10 years. This bank is providing interest ranging from 6.50 percent to 7.10 percent on FDs from 1 year to 3 years.

The highest interest of 6.60 percent to 7.20 percent is being given on an FD of 444 days (Bank of Baroda FD Interest Rate). Bank of Baroda is giving 0.50 percent more interest to senior citizens than the general public and 0.60 percent more interest to super senior citizens.

Investing 2 lakhs will give you 47,015 rupees interest -

If you are also a common citizen and you make a 3-year FD in Bank of Baroda (Bank of Baroda FD Scheme), then in this situation, on depositing 2,00,000 rupees, you will be given a total of 2,42,681 rupees on maturity. This includes a fixed interest rate of Rs 42,681.

If you are a senior citizen and deposit 2,00,000 rupees in a 3-year FD in Bank of Baroda, then you will be given a total of 2,46,287 rupees on maturity (Maturity amount of FD), which includes a fixed interest rate of Rs 46,287.

According to this, if you are a senior citizen and deposit Rs 2 lakh in a 3-year FD in Bank of Baroda, then you will be given a total of Rs 2,47,015 on maturity, which includes fixed interest (FD Interest Rate) of Rs 47,015.

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