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Bank of Baroda Fixed Deposit (FD) Interest Rates

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Fatema Rasiwala

Bank of Baroda
Fixed Deposit
Income Tax

Bank of Baroda is one of the leading multinational public sector banks in India right now. With 131 million customers and global presence of over 100 offices oversea. The bank possesses a total asset of INR 3.58 Trillion as of now. In 2018, the Government announced merger of Vijaya bank and Dena bank into Bank of Baroda. The customers of Bank of Baroda are offered with Fixed Deposit schemes by the bank. The bank offers them a variety of fixed deposit schemes based on their investment requirements to help them save tax and grow their wealth safely.

Fixed Deposit rates for Bank of Baroda

Bank of Baroda Fixed Deposit interest rate for Domestic & NRO investing < INR 2 Crore

Tenure Fixed Deposit Rate 
7 days to 14 days 2.80
15 days to 45 days 2.80
46 days to 90 days 3.70
91 days to 180 days 3.70
181 days to 270 days 4.30
271 days & above and less than 1 year 4.40
1 year 4.90
Above 1 year to 400 days 5.00
Above 400 days and up to 2 Years 5.00
Above 2 Years and up to 3 Years 5.10
Above 3 Years and up to 5 Years 5.25
Above 5 Years and up to 10 Years 5.25
Above 10 years (for MACT/MACAD – Court Order schemes only) 5.10

Fixed Deposit interest rate for senior citizens investing less than INR 2 Crore

Tenure Fixed Deposit Rate 
up to 5 years 5.75
5 years to up to 10 years 6.25

Fixed Deposit interest rate for Domestic & NRO investing between INR 2 Crore to INR 10 Crore

Tenure Fixed Deposit Rate
7 days to 14 days 2.90
15 days to 45 days 2.90
46 days to 90 days 2.90
91 days to 180 days 2.90
181 days to 270 days 3.05
271 days & above and less than 1 year 3.05
1 year 3.45
Above 1 Year and up to 2 Years 3.25
Above 2 Years and up to 3 Years 4.10
Above 3 Years and up to 5 Years 3.25
Above 5 Years and up to 10 Years 3.25

Fixed Deposit interest rate for Domestic & NRO investing between INR 10 Crore to INR 50 Crore

Tenure Fixed Deposit Rate for INR 10 cr. to INR 25 cr. Fixed Deposit Rate for INR 25 cr. to INR 50 cr.
7 days to 14 days 2.90 2.90
15 days to 45 days 2.90 2.90
46 days to 90 days 2.90 2.90
91 days to 180 days 2.90 2.90
181 days to 270 days 3.05 3.05
271 days & above and less than 1 year 3.05 3.05
1 year 3.45 3.45
Above 1 Year and up to 2 Years 3.25 3.25
Above 2 Years and up to 3 Years 4.10 4.10
Above 3 Years and up to 5 Years 3.25 3.25

Bank of Baroda Fixed Deposit interest rate for Domestic & NRO investing between INR. 50 Crore to INR 100 Crore

Tenure Fixed Deposit Rate
7 days to 14 days 2.90
15 days to 45 days 2.90
46 days to 90 days 2.90
91 days to 180 days 2.90
181 days to 270 days 3.05
271 days & above and less than 1 year 3.05
1 year 3.45
Above 1 Year and up to 2 Years 3.25
Above 2 Years and up to 3 Years 4.10
Above 3 Years and up to 5 Years 3.25

Bank of Baroda Fixed Deposit interest rate for Domestic & NRO investing > INR 100 Crore

Tenure Above INR 100 cr. to up to INR 500 cr. Above INR 500 cr. to up to INR 1000 cr. Above INR 1000 cr.
7 days to 14 days 2.90 2.90 2.90
15 days to 45 days 2.90 2.90 2.90
46 days to 90 days 2.90 2.90 2.90
91 days to 180 days 2.90 2.90 2.90
181 days to 270 days 3.05 3.05 3.05
271 days & above and less than 1 year 3.05 3.05 3.05
1 year 3.45 3.45 3.45
Above 1 Year and up to 2 Years 3.25 3.25 3.25
Above 2 Years and up to 3 Years 4.10 4.10 4.10
Above 3 Years and up to 5 Years 3.25 3.25 3.25

People can start investing in Bank of Baroda Fixed Deposit (FD) with as low as INR 5000. Now, that we know about the Bank of Baroda Fixed Deposit (FD) rates, let’s check who are eligible for the same.

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Residential Status Calculator
Residential Status Calculator for Income Tax. Taxability in India depends on residential status. Know your residential status from Resident, NRI, Resident but Not Ordinarily Resident(RNOR)
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Eligibility to Apply for a Bank of Baroda Fixed Deposit (FD) Account

Documents Required for Bank of Baroda Fixed Deposit (FD) Account

FAQs

How long does FDs take to mature?

It completely depends upon the investor to chose a FD scheme that is suitable for his/her investment goals. FD maturity varies between 7 days to 10 years.

What is the minimum amount that one needs to deposit for opening an FD account?

A person can start investing in Bank of Baroda Fixed Deposit (FD) with as low as INR 5000 while opening a FD Account.

What is a non-callable FD?

A FD scheme that prevents a customer from withdrawing any amount before the maturity of the Fixed Deposit is called a non-callable FD.

How much extra interest do senior citizens earn on FDs?

Senior citizens may earn an additional 0.50% FD interest with Bank of Baroda fixed deposits.

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