INSUBCONTINENT EXCLUSIVE:
Fixed Deposit (FD) interest rate: Fixed deposit interest rates are subject to change from time to time.State-run Bank of Baroda revised its
fixed deposit interest rates with effect from Monday
Fixed deposits or FDs are secure financial instruments offered by public, private sector banks, small finance banks, non-banking financial
companies (NBFCs) and post offices, which fetch guaranteed returns
In a fixed deposit account, money can be invested for a higher rate of interest than savings accounts
Fixed deposit interest rates are subject to change from time to time
1 crore:Bank of BarodaGiven below are latest SBI FD interest rates on deposits below Rs
1 crore:TenorsBelow Rs 1 crore (w.e.f
14.01.19)7 days to 14 days4.515 days to 45 days4.7546 days to 90 days591 days to 180 days5.75181 days to 270 days6.5271 days above and less
than 1 year6.51 year6.7Above 1 year to 400 days6.85Above 400 days and up to 2 Years6.8Above 2 Years and up to 3 Years6.7Above 3 Years and up
to 5 Years6.7Above 5 Years and up to 10 Years6.7444 days (Only for Baroda Samriddhi Deposit Scheme)7Branches may continue to pay an
additional interest of 0.50 per cent on domestic term deposits of less than Rs
IndiaGiven below are latest SBI FD interest rates on deposits below Rs
1 crore:TenorsRevised For Public w.e.f
28.11.2018Revised for Senior Citizens w.e.f
28.11.20187 days to 45 days5.756.2546 days to 179 days6.256.75180 days to 210 days6.356.85211 days to less than 1 year6.46.91 year to less
than 2 year6.87.32 years to less than 3 years6.87.33 years to less than 5 years6.87.35 years and up to 10 years6.857.35(Source:
days4.25%4.75%30 - 45 days5.75%6.25%46 - 60 days6.25%6.75%61 - 90 days6.25%6.75%91 days - 6 months6.25%6.75%6 months 1 day- 6 months 3
days6.75%7.25%6 months 4 days6.75%7.25%6 months 5 days- 9 months6.75%7.25%9 months 1 day- 9 months 3 days7.10%7.60%9 months 4
days7.10%7.60%9 months 5 days - 9 months 15 days7.10%7.60%9 months 16 days7.10%7.60%9 months 17 days < 1 Year7.10%7.60%1 Year7.30%7.80%1
year 1 day - 1 year 3 days7.30%7.80%1 year 4 days7.30%7.80%1 year 5 days - 1 Year 15 days7.30%7.80%1 Year 16 days7.30%7.80%1 year 17 days -
rates are applicable on deposits below Rs
1 crore:Rate of Interest (% p.a.) w.e.f November 15, 2018Tenure PeriodGeneralSenior Citizen7 days to 14 days44.515 days to 29 days4.254.7530
days to 45 days5.5646 days to 60 days66.561 days to 90 days6.256.7591 days to 120 days6.256.75121 days to 184 days6.256.75185 days to 289
days6.57290 days to less than 1 year6.757.251 year to 389 days6.97.4390 days to 2 years7.17.62 years 1 day up to 3 years7.583 years 1 day up
to 5 years7.257.755 years 1 day up to 10 years77.55 years Tax saver FD (max up to Rs
1.50 lakh)7.257.75(Source: icicibank.com)Fixed deposit accounts with a lock-in period of five or 10 years are eligible for deduction in
income tax under Section 80C of Income Tax Act.
