Bank of Baroda Fixed Deposit Interest Rate 2022 | BOB FD Current Rate [Chart]

Bank of Baroda Fixed Deposits | Bank of Baroda Fixed Deposit Interest Rate | BOB FD Current Rate | Bank Of Baroda Fixed Deposit Form PDF

The Bank of Baroda offers a Fixed Deposit (FD) scheme with competitive interest rates and a term of 7 days to 10 years. Short Term Term Deposits, Long Term Deposits, and the Capital Gain Account Scheme are the three types of FDs offered by the bank. On the FD program, senior citizens receive a higher interest rate. So, today we will discuss here the Bank of Baroda Fixed Deposit Interest Rate

Bank of Baroda Domestic Fixed Deposit Interest Rates – (Below Rs.2 crore)

Tenure	Rate of Interest (p.a.)
7 days – 14 days	2.80%
15 days – 45 days	2.80%
46 days – 90 days	3.70%
91 days – 180 days	3.70%
181 days – 270 days	4.30%
271 days – Less than 1 year	4.40%
1 year	4.90%
Above 1 year – 400 days	5.00%
Above 400 days – Up to 2 years	5.00%
Above 2 years – Up to 3 years	5.10%
Above 3 years – Up to 5 years	5.25%
Above 5 years – Up to 10 years	5.25%

Note that the Bank of Baroda has the right to alter interest rates at any moment and without notice. From November 10, 2021, the above-mentioned Bank of Baroda Fixed Deposit Interest Rate will be in effect.

For older persons, an additional 0.50 percent interest rate is available for terms ranging from 7 days to 5 years. For a term of between 5 and 10 years, an additional interest rate of 1.00 percent is granted (valid until 30 June 2021).

Post Office Fixed Deposit Interest Rates 

Bank of Baroda Fixed Deposit Rates – Tax Savings Term

Tenure	Rate of Interest for General Public (p.a.)	Rate of Interest for Senior Citizens (p.a.)
5 years	5.25%	5.75%
Above 5 years – Up to 10 years	5.25%	6.25%

Note that the Bank of Baroda reserves the right to alter interest rates at any moment and without warning. From November 10, 2021, the above-mentioned interest rates will be in effect.

Bank of Baroda NRE FD Rates – Below Rs.2 Crore (Callable)

Tenure	Rate of Interest (p.a.)
1 year	4.90%
Above 1 year – 400 days	5.00%
Above 400 days – Up to 2 years	5.00%
Above 2 years – Up to 3 years	5.10%
Above 3 years – Up to 5 years	5.25%
Above 5 years – Up to 10 years	5.25%

Note that the Bank of Baroda reserves the right to alter interest rates at any moment and without warning. From November 10, 2021, the above-mentioned interest rates will be in effect.

SBI Fixed Deposit Interest Rate

Bank of Baroda Fixed Deposit Interest Rate- FCNR

Tenure	AUD	EUR	GBP	USD
1 year – Less than 2 years	0.22	0	0.49	0.58
2 years – Less than 3 years	0.31	0	0.67	0.65
3 years – Less than 4 years	0.44	0	0.83	0.85
4 years – Less than 5 years	0.72	0.06	0.97	1.09
5 years	0.97	0.15	1.08	1.32

Note that the Bank of Baroda reserves the right to alter interest rates at any moment and without warning. From November 10, 2021, the above-mentioned interest rates will be in effect.

Bank of Baroda Fixed Deposits: Features & Benefits

The following are the major characteristics and benefits of the Bank of Baroda’s FD scheme:

• The scheme’s duration varies between 7 and 10 years.
• There are competitive interest rates available.
• There is a nomination facility available.
• Loans can be taken out against the available balance in the account.
• There are safe deposit lockers available.
• Easy withdrawal option is available.
• Outstation cheque collections.

Eligibility Criteria to Open an BOB FD Account

Individuals and companies listed below are eligible to open an FD account with Bank of Baroda:

• Limited companies
• Associations, societies, and clubs
• Trusts
• Hindu Undivided Families (HUFs)
• Educational, charitable, and religious institutions
• Sole proprietorships
• Resident citizens
• Partnership firms
• Non-Resident Individuals (NRIs)
• Minors

 Close Fixed Deposit (FD) in SBI

Documents Required

Proof of address, such as

• A utility bill,
• Passport, or
• Phone bill

Proof of identity such as-:

• Voter ID,
• Passport,
• Driving license, or
• Permanent

Types of Fixed Deposit Schemes Offered by Bank of Baroda

Bank of Baroda Offers Various Fixed Deposit Schemes

The following are the three main types of FD plans offered by the Bank of Baroda:

• Short Term Deposits
• Long Term Deposits
• Capital Gain Account Scheme, 1988

FAQ’s