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

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.2 Crore

The interest rates for Barclays Bank domestic term deposits less than Rs.2 crore are given below:

Tenure Interest Rates (p.a.)
7 days to 14 days 2.55%
15 days to 29 days 2.60%
30 days to 44 days 2.65%
45 days to 59 days 2.69%
60 days to 89 days 2.73%
90 days to 119 days 2.80%
120 days to 149 days 2.85%
150 days to 179 days 2.89%
180 days to 209 days 2.93%
210 days to 239 days 2.96%
240 days to 269 days 2.99%
270 days to 299 days 3.02%
300 days to 329 days 3.04%
330 days to 364 days 3.07%
365 days to 399 days 3.10%
400 days to less than 18 months 3.16%
18 months to less than 2 years 3.46%
2 years to less than 3 years 3.82%
3 years to less than 4 years 4.31%
4 years to less than 5 years 4.59%
5 years to less than 6 years 4.83%
6 years to 7 years 5.07%

Note: These interest rates are effective since 2 August 2021 and can be changed as per the bank’s rules and regulations.

Barclays Bank NRE Fixed Deposit Interest Rates for Deposits Less than Rs.2 Crore

The interest rates for Barclays Bank’s NRE Fixed Deposit are given below:

Tenure Interest Rates (p.a.)
365 days to 399 days 3.10%
400 days to less than 18 months 3.16%
18 months to less than 2 years 3.46%
2 years to less than 3 years 3.82%
3 years to less than 4 years 4.31%
4 years to less than 5 years 4.59%
5 years to less than 6 years 4.83%
6 years to 7 years 5.07%

Note: These interest rates are applicable since 2 August 2021 and can be changed as per the bank’s rules and regulations.

Barclays Bank NRO Fixed Deposit Interest Rates for Deposits Less than Rs.2 Crore

The interest rates for Barclays Bank NRO fixed deposit are mentioned below:

Tenure Interest Rates (p.a.)
7 days to 14 days 2.55%
15 days to 29 days 2.60%
30 days to 44 days 2.65%
45 days to 59 days 2.69%
60 days to 89 days 2.73%
90 days to 119 days 2.80%
120 days to 149 days 2.85%
150 days to 179 days 2.89%
180 days to 209 days 2.93%
210 days to 239 days 2.96%
240 days to 269 days 2.99%
270 days to 299 days 3.02%
300 days to 329 days 3.04%
330 days to 364 days 3.07%
365 days to 399 days 3.10%
400 days to less than 18 months 3.16%
18 months to less than 2 years 3.46%
2 years to less than 3 years 3.82%
3 years to less than 4 years 4.31%
4 years to less than 5 years 4.59%
5 years to less than 6 years 4.83%
6 years to 7 years 5.07%

Note: These rates are applicable since 2 August 2021 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:

FCY 12 months < 18 months 18 months < 24 months 24 months < 36 months 36 months < 48 months 48 months < 60 months 60 months
USD 0.01% 0.09% 0.22% 0.57% 0.30% 0.72%
GBP 0.01% 0.05% 0.25% 0.50% 0.65% 0.65%
EUR 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%

Note: These rates are effective since 2 August 2021 and can be changed as per the bank’s rules and regulations.

FAQs on Barclays Bank FD Interest Rates

  1. 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 5.07% and the lowest interest rate by the bank is 2.55%

  2. 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.

  3. 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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