SBI 3-Year FD vs Bank of Baroda 3-Year FD: What will you get if you invest Rs 3,33,333 and Rs 6,66,666 in guaranteed return schemes
Compare SBI and Bank of Baroda 3-year fixed deposit schemes for general and senior citizens. Discover interest rates, maturity amounts, and investment growth on deposits of Rs 3,33,333 and Rs 6,66,666.
ZeeBiz WebTeam | Oct 16, 2024, 05:53 PM IST
1/8
SBI Fixed Deposit
SBI offers flexible FD options with tenures ranging from 7 days to 10 years. The interest rate is 0.50% higher for senior citizens, and the SBI Wecare scheme provides an additional 50 bps for senior citizens on deposits of 5 years or more.
2/8
SBI 3-Year FD Interest Rate (General Citizens)
6.75%
3/8
SBI 3-Year FD Interest Rate (Senior Citizens)
7.25%
4/8
Bank of Baroda Fixed Deposit Overview
Bank of Baroda provides FD interest rates between 4.25% and 7.30% for general citizens and up to 7.80% for senior citizens. The bank also offers FD products for NRIs and accepts FCNR deposits in various foreign currencies.
5/8
Bank of Baroda 3-Year FD Interest Rate (General Citizens)
6.80%
6/8
Bank of Baroda 3-Year FD Interest Rate (Senior Citizens)
7.40%
7/8
SBI 3-Year FD (Maturity Amounts) for general and senior citizens
- General Citizens, Rs 3,33,333: Maturity = Rs 4,07,464 (Interest Earned: Rs 74,131)
- Senior Citizens, Rs 3,33,333: Maturity = Rs 4,13,515 (Interest Earned: Rs 80,182)
- General Citizens, Rs 6,66,666: Maturity = Rs 8,14,928 (Interest Earned: Rs 1,48,262)
- Senior Citizens, Rs 6,66,666: Maturity = Rs 8,27,031 (Interest Earned: Rs 1,60,365)
8/8
Bank of Baroda 3-Year FD (Maturity Amounts)
- General Citizens, Rs 3,33,333: Maturity = Rs 4,08,065 (Interest Earned: Rs 74,732)
- Senior Citizens, Rs 3,33,333: Maturity = Rs 4,15,347 (Interest Earned: Rs 82,014)
- General Citizens, Rs 6,66,666: Maturity = Rs 8,16,131 (Interest Earned: Rs 1,49,465)
- Senior Citizens, Rs 6,66,666: Maturity = Rs 8,30,693 (Interest Earned: Rs 1,64,027)