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Bank of Baroda revises interest rates on deposits

Bank of Baroda revises interest rates on deposits
Public sector banking major has revised interest rates on fixed deposits for domestic and NRO term deposits. The interest rates on fixed deposits of under Rs 15 lakh for 46-90 days has been increased from 6.25 per cent to 6.50 per cent.

Similarly, the interest rate on a 91-180 day deposit has been increased to 7.3 per cent. Interest rate on a 271 to 365 day deposit has been hiked to 7.75 per cent.

On a 1 year to 3 year deposit the interest rate has been reduced from 9 per cent to 8.75 per cent. The interest rate on above 3 years to 10 years now stands reduced to 8.75 per cent against the earlier 9 per cent.

Read more about: bank of baroda
Story first published: Saturday, April 6, 2013, 11:58 [IST]
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