NEWS & ADVICE : FIXED DEPOSITS
FD rates raised by Bank of Baroda
By Neelima Shankar
Sep 14, 2011
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Public sector lender Bank of Baroda has announced a hike in interest rates of fixed deposits across selected maturities. The interst rate hike has been in the range of 25-50 bps.

Deposits having tenor between 1 year to less than 3 years will now have interest of 9.25%.

Interest rate of deposits of maturity between 3 years to 5 years will now be 9%.

The tax saving scheme having tenor of 5 years will now have interest of 9%.

The revised rates have come to immediate effect.


 


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