One of India’s largest state-owned banks, Bank of Baroda (BoB) is creating a great short-term investment opportunity via its 400 days Special Fixed Deposit (FD) Scheme. An investment of ₹2 lakh in the scheme will yield a guaranteed interest of ₹17,902, thus it is the right option for the conservative investors who want safe and inventive returns.
What Is the Bank of Baroda 400-Day FD Scheme?
The BoB Utsav Deposit Scheme is the name of this unique FD scheme that aims to provide higher interest rates for a short duration of time of 400 days. This scheme is for the persons having a short-term goal until the maturity of the deposit and it also allows individuals to grow their savings without letting them stay for years. The scheme is provided for a limited time and the participation is available for both the new and the old customers.
Key Features of the BoB FD Scheme
| Feature | Details |
|---|---|
| Tenure | 400 Days |
| Interest Rate (General) | 7.30% per annum |
| Interest Rate (Senior Citizens) | 7.80% per annum |
| Investment Amount | ₹2,00,000 |
| Interest Earned | ₹17,902 (General) |
| Minimum Deposit | ₹1,000 |
| Maximum Deposit | ₹2 Crore |
| Premature Withdrawal | Allowed with nominal penalty |
| Scheme Validity | Limited-period festive offer |
Why Choose This FD?
✅ High Returns in Short Time: Earn ₹17,902 in just 400 days
✅ Safe Investment: Backed by a trusted government bank
✅ Senior Citizen Benefit: Extra 0.50% interest
✅ Flexible Options: Choose payout frequency and deposit size
✅ Ideal for Year-End Planning: Great for festive savings
Final Thoughts
The Bank of Baroda 400-Day FD Scheme is a golden opportunity for those seeking secure and high-yield short-term investments. With a 7.30% interest rate and guaranteed returns, it’s perfect for salaried individuals, retirees, and anyone planning for upcoming expenses. Visit your nearest BoB branch or apply online to take advantage of this limited-time offer.
