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Massive banks together with
and have already hiked FD rates of interest after RBI hiked repo charges by 40 foundation factors in its financial coverage meet.
Bank of Baroda FD interest rates
The financial institution has hiked FD interest rate between tenor above 1 yr to three yr. The financial institution now provides an rate of interest of 5.45 p.c on tenor above 1 yr to 2 years. For tenor above 2 years and upto 3 years, the rate of interest has been hiked to five.50 p.c.
For Home & NRO Time period Deposits [Per Annum] [Fresh & Renewal] [Callable] (ROI in %) – Under Rs 2 crore
For Home Time period Deposits Under Rs 2.00 Crores – Resident Senior Residents [Fresh & Renewal] [Callable]
Supply: Financial institution of Baroda web site
repo charges
The financial institution has revised the Baroda Repo Linked Lending rate (BRLLR) for retail loans to 7.45 p.c with impact from June 15, 2022 (present RBI repo rate: 4.90 p.c + markup/base unfold 2.55 p.c), in keeping with the financial institution web site. Earlier, the financial institution revised repo charges on June 9, 2022.
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