Bank of Baroda reduced fixed deposits rates check the new rates

Bank of Baroda reduced fixed deposits rates check the new rates

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With effect from 13th February ,2020 leading bank of public sector Bank Of Baroda (BOB) reduced the fixed deposits rates and loan rates also.

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The new rates with effect from 13th February 2020

7 days to 14 days 4.50% p.a

15 days to 45 days 4.50%p.a

46 days to 90 days 5.00%p.a

91 days to 180 days 5.00% p.a

181 days to 270 days 5.50%p.a

271 days & above and less than 1 year 5.50% p.a

1 year 6.00% p.a

Above 1 years and upto 3 years 6.00%p.a

Above 3 years and upto 5 years 6.25%p.a

Above 5 years and upto 10 years 6.00%p.a

 And senior citizens will get 0.50 % extra.

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BoB has reduced marginal cost of funds based lending rate (MCLR) on one year tenor by 0.10%
And this was effect from 15 february 2020.