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Fixed deposit scheme offers short-term deposits with the shortest term being 30 days. FD interest rates range from 5.25% to 7.25% compounded quarterly. For 60, 90, and 120 days the fixed deposit rate is 6.5%. A 6 month period for fixed deposit gives an interest of 6.75% .
FD Calculator helps you calculate the maturity amount and interest earned for any Fixed Deposit account. The interest rates differs bank to bank and also on the maturity period. The interest is compounded quarterly in most banks.
BANK OF BARODA