Bank FD rate hike: 4 government banks offering over 7% on fixed deposit scheme

Here are 4 Government Banks Offering Over 7% Off on Fixed Deposits (FDs)

Bank Of Baroda FD Rates

Bank Of Baroda (BoB) has launched “Baroda Tricolor Plus Deposit Scheme” with high standard interest rates of 7.50% p.a. for 399 days with effect from 1st November 2022, with 0.50% p.a. for senior citizens and non-refundable deposits Contains 0.25%. On Baroda Tiranga Plus deposit scheme of 399 days, BoB will offer an interest rate of 6.75% for general public, 7.25% for senior citizens under callable option, while under non-callable option, general public, NRE/NRO depositors will get an interest rate of 7% and senior citizens will get an interest rate of 7.50%.

FD rates of Bank of India

bank of india (BoI) has come up with a special fixed deposit scheme offering higher interest rates. BoI today announced the ‘Star Super Triple Seven Fixed Deposit’ scheme, a limited time offer. As the name suggests, under the newly introduced fixed deposit scheme, depositors can earn interest rates of up to 7.25% for senior citizens and up to 7.75% on deposits for 777 days.

Union Bank Of India FD Rates

Union Bank of India offers 3% to 7% interest on FDs with maturities ranging from 7 days to 10 years. On maturity of 599 days.

Canara Bank FD Rates

Canara Bank has launched a special fixed deposit scheme for a tenure of 666 days. As per the scheme, the lender is offering an interest rate of 7% to its general customers, while senior citizens will get 7.5% on these deposits.