Barclays Bank Fixed Deposit Rates
Barclays Bank is a UK-based entity that has its presence in India since 1990. Today, the bank is recognised as one of the leading names in the investment banking sector. However, apart from investment and corporate banking, they also offer fixed deposit (FDs) that suits various personal banking needs.
Barclays Bank fixed deposit rates are on par with the industry rates and the bank gives FD customers a wide range of other benefits.
Features of Barclays Bank Fixed Deposit (FD)
The various features of the Barclays Bank fixed deposits are mentioned below:
Deposit amount | Minimum: Rs.10,00,000 |
Tenure | Minimum: 7 days Maximum: 7 years |
Interest payout | Quarterly or at the time of maturity |
Auto renewal | Available |
Eligibility Criteria for Barclays Bank Fixed Deposit
To open a fixed deposit account with Barclays Bank, you should have the following eligibility:
- Indian citizen (Over the age of 18)
- Minor (with the signature of a parent or court appointed guardian)
Documents Needed to Open Barclays Bank Fixed Deposit Account
In order to open a fixed deposit account with Barclays Bank, you will need the following documents:
- Application form
- Valid identity proof
- Valid address proof
- PAN Card/Form 60/GIR No.
- One photograph
- Self-certification form
- CKYC
Barclays Bank Interest Rates for Domestic Term Deposits Less than Rs.3 Crore
The interest rates for Barclays Bank domestic term deposits less than Rs.3 crore are given below:
Tenure | Interest Rates (p.a.) |
7 days | 5.50 |
8-14 days | 5.55 |
15 - 29 days | 5.60 |
30 - 44 days | 5.65 |
45 - 59 days | 5.75 |
60 - 74 days | 5.95 |
75 - 89 days | 6.05 |
90 - 104 days | 6.15 |
105 - 119 days | 6.14 |
120 - 149 days | 6.18 |
150 - 164 days | 6.16 |
165 - 179 days | 6.15 |
180 - 209 days | 6.19 |
210 - 239 days | 6.18 |
240 - 269 days | 6.17 |
270 - 299 days | 6.16 |
300 - 329 days | 6.15 |
330-364 days | 6.14 |
365 to 399 days | 6.12 |
400 days - less than 18 months | 6.17 |
18 months to less than 2 years | 6.22 |
2 years to less than 3 years | 6.27 |
3 years to less than 4 years | 6.27 |
4 years to less than 5 years | 6.27 |
5 years to less than 6 years | 6.27 |
6 years to 7 years | 6.27 |
Note: These interest rates are effective from 18 June 2024 and can be changed as per the bank's rules and regulations.
Barclays Bank NRE Fixed Deposit Interest Rates for Deposits Less than Rs.3 Crore
The interest rates for Barclays Bank's NRE Fixed Deposit are given below:
Tenure | Interest Rates (p.a.) |
365 to 399 days | 6.12 |
400 days - less than 18 months | 6.17 |
18 months to less than 2 years | 6.22 |
2 years to less than 3 years | 6.27 |
3 years to less than 4 years | 6.27 |
4 years to less than 5 years | 6.27 |
5 years to less than 6 years | 6.27 |
6 years to 7 years | 6.27 |
Note: These interest rates are applicable from 18 June 2024 and can be changed as per the bank's rules and regulations.
Barclays Bank FCNR Interest Rates
The current Barclays FCNR interest rates are given below:
Currency | USD | GBP | Euro |
>= 12 months < 24 months | 4.55 | 4.50 | 2.87 |
>= 24 months < 36 months | 4.40 | 4.37 | 2.50 |
>= 36 months < 48 months | 4.18 | 4.16 | 0.01 |
>= 48 months < 60 months | 3.97 | 3.91 | 0.01 |
60 months | 4.24 | 4.15 | 0.01 |
Note: These rates are effective from 18 June 2024 and can be changed as per the bank's rules and regulations.
FAQs on Barclays Bank FD Interest Rates
- What are the highest and lowest rate of interest on FD schemes by the Barclays Bank?
The highest interest rate on FD schemes by the Barclays Bank is 5.36% and the lowest interest rate by the bank is 4.20%
- What is the minimum deposit amount required to open a fixed deposit account with Barclays Bank?
The minimum deposit amount required to open a fixed deposit account with Barclays Bank is Rs.10,00,000.
- Are there any special interest rates available for senior citizens opening a fixed deposit account with Barclays Bank?
No, there are no special interest rates offered to senior citizens opening a fixed deposit account with Barclays Bank.
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