Bank of Baroda is a leading public sector bank in India, offering a wide array of banking services and financial solutions. It provides fixed deposits with attractive interest rates, flexible tenures. Use the calculator to estimate your interest earnings and maturity amounts, making your investment convenient.
Here is the interest rate table for fixed deposits of less than 3 crore:
| Tenure | General Customers (%) | Senior Citizen (%) |
|---|---|---|
| 7 days to 14 days | 4.25 | 4.75 |
| 15 days to 45 days | 4.50 | 5.00 |
| 46 days to 90 days | 5.50 | 6.00 |
| 91 days to 180 days | 5.60 | 6.10 |
| 181 days to 210 days | 5.75 | 6.25 |
| 211 days to 270 days | 6.15 | 6.65 |
| 271 days to less than 1 year (except 333 and 360 Days) | 6.25 | 6.75 |
| 333 Days (bob Monsoon Dhamaka Deposit Scheme) | 7.15 | 7.65 |
| 360 Days (bob360) | 7.10 | 7.60 |
| 1 year | 6.85 | 7.35 |
| 399 Days (bob Monsoon Dhamaka Deposit Scheme) | 7.25 | 7.75 |
| Above 1 year to 400 days (Except 399 Days) | 6.85 | 7.35 |
| Above 400 days and upto 2 Years | 6.85 | 7.35 |
| Above 2 Years and upto 3 Years | 7.15 | 7.65 |
| Above 3 Years and upto 5 Years | 6.50 | 7.15 |
| Above 5 Years and upto 10 Years | 6.50 | 7.50 |
Data last updated on 01/09/2024. Check latest interest rates here.
Bank of Baroda FD Calculator
Bank of Baroda FD FAQs
What is the minimum and maximum amount for a Fixed Deposit?
The minimum deposit is ₹5,000 (5 units of ₹1,000 each) with no upper limit. Additional deposits must be in multiples of ₹1,000.
What are the tenure options for Fixed Deposits at Bank of Baroda?
The minimum tenure is 12 months, and the maximum is 60 months.
Can I get a loan or overdraft against my Fixed Deposit?
Yes, loans or overdrafts are available up to 95% of the outstanding balance.
Is premature closure allowed for Fixed Deposits?
Yes, premature closure is allowed with a 1% penalty on the applicable or contracted rate, whichever is lower. Withdrawals must be in units of ₹1,000.
How is interest paid on Fixed Deposits?
Interest is credited every half year with the benefit of quarterly compounding, subject to TDS as per income tax rules.