FD Update: Government bank is giving Rs 74,729 interest on FD of Rs 2 lakh, check the new interest rates before investing..

Fixed Deposit: Bank FDs are well-liked by people because money is safe in them, and they are a reliable investment option. Different banks in the country provide FDs for different periods, during which the interest rates also vary. In this episode, today we are going to tell you about the FD schemes of India's second-largest government bank, Bank of Baroda- 

Bank of Baroda (BOB) offers attractive interest rates on FDs to customers, whose tenure ranges from 7 days to 10 years. Let us know in the news below how much return you will get by investing 2 lakhs in different FDs-

Return in 1 year FD of BOB-

The interest rate of 1 year FD of BOB is 6.50 percent. In such a situation, if you invest Rs 2 lakh in this FD, then you will get a total of Rs 2,13,320 on maturity. In such a situation, you will get a profit of Rs 13,320.

Return in BOB's 2-year FD -
The interest rate of BOB's 2-year term FD is also 6.50 percent. In such a situation, if you invest Rs 2 lakh in this FD as well, then you will get Rs 2,27,528 on maturity. In such a situation, you will get a profit of Rs 27,528.

Return in BOB's 3-year FD -
The interest rate of BOB's 3-year term FD is also 6.50 percent. In such a situation, if you invest Rs 2 lakh in this FD as well, then you will get Rs 2,42,682 on maturity. In such a situation, you will get a profit of Rs 42,682.

Return in BOB's 5-year FD -
The interest rate of BOB's 5-year term FD is 6.40 percent. In such a situation, if you invest Rs 2 lakh in this FD, you will get Rs 2,74,729 on maturity. In this case, you will get a profit of Rs 74,729.

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