FD Tips: These banks are giving more interest on 444 days FD, know how much profit you will get on investing 2 lakh rupees..

Fixed Deposit Interest Rate: There is good news for those investing in FD. Even after the cut in the repo rate, the country's 2 big government banks are offering great interest rates on FD. If you also want to increase your earnings by investing money in FD, then FD is the best option for you.

Let us tell you that both the State Bank of India (SBI FD Rates) and Bank of Baroda (BOB) are giving strong interest in the 444-day special FD. The special FD of both banks is for 444 days. The name of the fixed deposit scheme of the Bank of Baroda is the Bob Square Drive Deposit Scheme. At the same time, the name of SBI Bank's FD is Amrit Vrishti.

However, if we talk about interest on FD, then there is a lot of difference between the two banks. Let us tell you that recently both banks cut the interest rate of FD. But compared to other banks, SBI and BOB banks are giving more interest.

BOB Bank is giving this much interest on a special scheme of 444 days -

Bank of Baroda is running the BOB Square Drive Deposit Scheme. Before the reduction in repo rate, the bank was giving 7.15 percent annual interest to general customers on this special scheme. At the same time, 7.65 percent interest was being given to senior citizens, and 7.75 percent interest was being given to super senior citizens.

However, now Bank of Baroda (BOB FD Interest Rate) is giving 6.60 percent interest to general customers, and 7.10 percent interest to senior citizens on the 444 days Square Drive Deposit Scheme. In this scheme of Bank of Baroda, you can invest a maximum of less than Rs 3 crore.

On investing Rs 2 lakh in BOB's 444-day "BOB Square Drive Deposit Scheme", general customers will get a 6.60 percent interest rate, and senior citizens will get a 7.20 percent interest rate. On investing Rs 2 lakh in this scheme, general customers will get interest of Rs 17,876 and Rs 2,17,876 will be received on maturity. At the same time, senior citizens will get Rs 2,19,181.

SBI is giving interest on 444 days FD -

SBI Bank is getting more interest on its special FD Amrit Vrishti (Amrit Vrishti FD Scheme) than on normal FD. The bank has also reduced the interest on this from 6.85 percent to 6.60 percent. Senior citizens will get 0.50 percent extra interest.

Senior citizens will get 7.10 percent interest on 444 days Amrit Vrishti FD (FD Rste) scheme. Earlier, general customers were getting 7.05 percent interest, senior citizens were getting 7.55 percent, and super senior citizens above 80 years of age were getting 7.65 percent annual interest. This time SBI has reduced the interest on FD by 0.20 percent.

Interest on BOB's FD

7 days to 14 days - 3.50 percent for the general public; 4.00 percent for senior citizens

15 days to 45 days - 3.50 percent for the general public; 4 percent for senior citizens

46 days to 90 days - 5.00 percent for general public; 5.50 percent for senior citizens

91 days to 180 days - 5.00 percent for general public; 5.50 percent for senior citizens

181 days to 210 days - 5.50 percent for general public; 6.00 percent for senior citizens

211 days to 270 days - 5.75 percent for general public; 6.25 percent for senior citizens

271 days and above and less than 1 year - 6.00 percent for general public; 6.50 percent for senior citizens

1 year - 6.50 percent for general public; 7.00 percent for senior citizens

SBI gives a big shock to FD holders, now senior citizens will get this much interest

More than 1 year and less than 400 days - 6.50 percent for general public; 7.00 percent for senior citizens

More than 400 days and up to 2 years - 6.50 percent for general public; 7.00 percent for senior citizens

More than 2 years and up to 3 years - 6.50 percent for general public; 7.00 percent for senior citizens

More than 3 years and up to 5 years - 6.40 percent for general public; 7.00 percent for senior citizens

More than 5 years to 10 years - 6.00 percent for general public; 7.00 percent for senior citizens

More than 10 years (Court Order Scheme) - 5.50 percent for general public; 6 percent for senior citizens

444 days - (Square Drive Deposit Scheme) - 6.60 percent for general public; 7.10 percent for senior citizens.

Latest interest rates on SBI FDs

7 days to 45 days: General public - 3.05 percent; Senior citizens - 3.55 percent

46 days to 179 days: General public - 5.05 percent; For senior citizens - 5.55 percent

180 days to 210 days: General public - 5.80 percent; Senior citizens - 6.30 percent

211 days to less than 1 year: General public - 6.05 percent; Senior citizens - 6.55 percent

1 year to less than 2 years: General public - 6.25 percent; Senior citizens - 6.75 percent

2 years to less than 3 years: General public - 6.45 percent; Senior citizens - 6.95 percent

3 years to less than 5 years: General public - 6.30 percent; Senior citizens - 6.80 percent

5 years to 10 years: General public - 6.05 percent; Senior citizens - 7.05 percent. (Under SBI weCare scheme, senior citizens get 0.50 per cent extra interest.)

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.