For your better profits, this bank brought a special scheme, giving such percentage of interest

Bank of Baroda has started a special scheme with the aim of giving good profits to the people, under this scheme the bank is giving an interest of 7.50 percent to the customers.

Bank of Baroda Scheme If you want to take good profits, then Bank of Baroda (BoB) has come up with a special scheme for you. whose name Baroda Tiranga Plus Deposit Scheme Is. In this you will also get good returns with 7.50 percent interest. Bank of Baroda The scheme has been implemented from Friday, 01 November 2022. Under this scheme, customers can make deposits for 399 days and they will get interest at the rate of 7.50 percent. Due to which the customers will get good benefit.

Explain that in this scheme, the interest rate on deposits is 0.5 percent for senior citizens and 0.25 percent for non-callable deposits. This scheme is for retail term deposits of less than Rs 2 crore. Bank of Baroda has increased the premium on non-callable retail term deposits from 0.15% p.a. to 0.25% p.a. Hence non-callable deposits will now get an additional interest of 0.25% per annum.

Customers will be able to get higher returns

Ajay K Khurana, Executive Director, Bank of Baroda says, “In an environment of rising interest rates, we are happy to offer our customers a higher rate of interest so that they can earn higher returns on their savings. Baroda Tiranga Plus Deposit Scheme offers high interest rates and assured returns. On non-callable deposits, the Bank has also decided to increase the non-callable premium on retail term deposits from 0.15% to 0.25%, providing further benefits to the customers.

IDBI Bank launches Amrit Mahotsav Deposit Scheme

Private sector lender IDBI Bank has introduced Amrit Mahotsav FD (Amrit Mahotsav Deposits) scheme for customers. The bank is offering increased interest rates on deposits under this scheme. Under this scheme, customers will be able to make deposits for 700 days and they will get interest at the rate of 7.50 percent. This offer is for a limited time.

Unity Small Finance Bank introduced Shagun 366

Meanwhile, Unity Small Finance Bank is now offering 8.30% interest on deposits of 366 days to senior citizens. The bank has recently started a new scheme Shagun 366. That is, 1 year, 1 day fixed deposit. The scheme offers a return of 7.80% per annum, while senior citizens will get 8.30% interest over a period of 366 days. However, this offer will be available only for deposits booked up to November 30, 2022.

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English News Headline : Bank of Baroda Started to Baroda Tiranga Plus Deposit Scheme

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