Bank of Baroda FD Interest Rates 2026
Bank of Baroda offers fixed deposits from 7 days to 10 years at 3.50% – 6.75% for regular customers and up to 7.25% for senior citizens. Public-sector bank; absorbed Vijaya Bank and Dena Bank in 2019.
Rate card effective 12 Jun 2026 · Checked 27 September 2026Bank of Baroda fixed deposit at a glance
Bank of Baroda’s best rate for regular depositors is in the 555 days (bob Golden Goal) bucket. A plain 1-year FD earns 6.25% and a 5-year FD 6.30%, so the bank rewards longer commitments.
Bank of Baroda FD interest rates — full rate card
Domestic term deposits below ₹3 crore, effective 12 Jun 2026. Highlighted rows are the best-paying buckets.
| Tenure | General (p.a.) | Senior citizen (p.a.) | ₹1 lakh earns in 1 yr* |
|---|---|---|---|
| 7 – 14 days | 3.50% | 4.00% | ₹3,500 (simple) |
| 15 – 45 days | 3.50% | 4.00% | ₹3,500 (simple) |
| 46 – 90 days | 5.00% | 5.50% | ₹5,000 (simple) |
| 91 – 180 days | 5.00% | 5.50% | ₹5,000 (simple) |
| 181 – 210 days | 5.50% | 6.00% | ₹5,614 |
| 211 – 270 days | 5.75% | 6.25% | ₹5,875 |
| 271 days – <1 year | 6.00% | 6.50% | ₹6,136 |
| 1 year | 6.25% | 6.75% | ₹6,398 |
| 1 year – 400 days | 6.25% | 6.75% | ₹6,398 |
| 400 days – 2 years | 6.25% | 6.75% | ₹6,398 |
| 2 – 3 years | 6.25% | 6.75% | ₹6,398 |
| 3 – 5 years | 6.30% | 6.90% | ₹6,450 |
| 5 – 10 years | 6.00% | 7.00% | ₹6,136 |
* Interest for a full year at that rate with quarterly compounding (simple interest shown for buckets below 6 months). Source: www.policybazaar.com, compiled 27 September 2026. Always confirm on the bank’s website — rates can change without notice.
Special FD schemes
| Scheme | Tenure | General | Senior |
|---|---|---|---|
| bob Square Drive | 444 days | 6.45% | 6.95% |
| bob Golden Goal | 555 days | 6.75% | 7.25% |
How much will your money grow?
| Tenure | Rate (general / senior) | ₹1 lakh becomes | ₹5 lakh becomes | ₹5 lakh (senior) |
|---|---|---|---|---|
| 1 year | 6.25% / 6.75% | ₹1,06,398 | ₹5,31,990 | ₹5,34,614 |
| 2 years | 6.25% / 6.75% | ₹1,13,205 | ₹5,66,027 | ₹5,71,624 |
| 3 years | 6.25% / 6.75% | ₹1,20,448 | ₹6,02,241 | ₹6,11,196 |
| 5 years | 6.30% / 6.90% | ₹1,36,690 | ₹6,83,450 | ₹7,03,921 |
Cumulative FD, quarterly compounding, before tax. “—” means the published card has no slab for that exact tenure.
Bank of Baroda FD calculator
Pre-filled with Bank of Baroda’s best rate and tenure. Change the amount, rate or tenure, or pick another bank to compare.
Bank of Baroda FD rates for senior citizens
Resident Indians aged 60 or more get 0.5% extra at the best tenure (555 days (bob Golden Goal)). Senior citizens also enjoy a ₹1 lakh TDS threshold and a deduction of up to ₹50,000 on deposit interest under Sec 80TTB (old regime).
| Tenure | Senior rate | Monthly income on ₹10 lakh | Quarterly income on ₹10 lakh |
|---|---|---|---|
| 1 year | 6.75% | ₹5,593 | ₹16,875 |
| 2 years | 6.75% | ₹5,593 | ₹16,875 |
| 3 years | 6.75% | ₹5,593 | ₹16,875 |
| 5 years | 6.90% | ₹5,717 | ₹17,250 |
Compare with SCSS (8.2%) and senior FD rates at other banks →
Rules, charges & services
| Feature | Bank of Baroda FD |
|---|---|
| Minimum deposit | ₹1,000 |
| Premature withdrawal | Up to 1% |
| Payout options | Cumulative (quarterly compounding, paid at maturity) or monthly / quarterly interest payout |
| Loan / overdraft against FD | Usually up to 90% of the deposit at FD rate + 1% to 2% (not on tax-saver FD) |
| Nomination | Up to 4 nominees — simultaneous or successive (from 1 Nov 2025) |
| On maturity | Auto-renew for the same tenure at the prevailing rate, or credit to savings; unclaimed matured deposits earn the lower of savings rate and contracted rate |
| Deposit insurance | DICGC up to ₹5 lakh per depositor across all Bank of Baroda branches |
Tax on Bank of Baroda FD interest
| Point | Rule |
|---|---|
| Taxability | Added to income, taxed at slab rate (“income from other sources”) |
| TDS | 10% once interest from Bank of Baroda exceeds ₹50,000 in a year (₹1 lakh for 60+); 20% without PAN |
| Avoid TDS | Submit Form 121 (earlier 15G/15H) if your tax liability is nil |
| Tax-saver FD | 5-year lock-in; up to ₹1.5 lakh deductible (80C / Sec 123, old regime) |
| Cumulative FD | Interest accrues and is taxable every year, not only at maturity |
How to open a Bank of Baroda FD
- Online (existing customers)Log in to Bank of Baroda net banking or the mobile app → Deposits → Open Fixed Deposit. Choose amount, tenure, payout and nominee, then confirm with OTP.
- New customersOpen a savings account with video KYC or at a branch, then book the FD. Some banks allow an FD without a savings account at the branch.
- At a branchFill the term-deposit form, attach KYC and pay by cheque/transfer. You get an FD advice/receipt.
- Maturity instructionChoose auto-renewal or credit to account; update it any time before maturity.
Documents
- PAN (or Form 60) — mandatory to avoid 20% TDS
- Aadhaar or other officially valid document for address
- Recent photograph (branch); senior citizens: age proof for the higher rate
Bank of Baroda vs other public sector banks
| Bank | Highest | 1 year | 3 years | 5 years | Senior (highest) |
|---|---|---|---|---|---|
| Bank of Baroda | 6.75% | 6.25% | 6.25% | 6.30% | 7.25% |
| Bank of India | 6.70% | 6.50% | 6.70% | 6.00% | 7.45% |
| Indian Bank | 6.65% | 6.10% | 6.15% | 6.00% | 7.15% |
| Punjab National Bank | 6.60% | 6.25% | 6.30% | 6.10% | 7.10% |
| Canara Bank | 6.60% | 6.25% | 6.25% | 6.25% | 7.10% |
| Indian Overseas Bank | 6.60% | 6.50% | 6.10% | 6.10% | 7.10% |
| Union Bank of India | 6.55% | 6.20% | 6.10% | 6.00% | 7.05% |
| Bank of Maharashtra | 6.55% | 6.20% | 5.25% | 5.00% | 7.05% |
| State Bank of India | 6.45% | 6.25% | 6.30% | 6.05% | 7.05% |
| Central Bank of India | 6.30% | 6.20% | 6.00% | 6.00% | 6.80% |
Frequently asked questions
What is the highest FD interest rate at Bank of Baroda?
Bank of Baroda pays up to 6.75% p.a. to regular depositors (555 days (bob Golden Goal)) and up to 7.25% to senior citizens (555 days (bob Golden Goal)), as per its rate card effective 12 Jun 2026.
What is Bank of Baroda’s 1-year FD rate?
For exactly one year the rate is 6.25% for general customers and 6.75% for senior citizens. ₹1 lakh grows to about ₹1,06,398.
How much will ₹1 lakh earn in a 5-year Bank of Baroda FD?
At 6.30% compounded quarterly, ₹1 lakh becomes about ₹1,36,690 in 5 years (senior: ₹1,40,784 at 6.90%), before tax.
What is the minimum amount for an FD at Bank of Baroda?
The minimum deposit is ₹1,000. Deposits of ₹3 crore and above are treated as bulk deposits with different rates.
What is the penalty for breaking an FD early?
Bank of Baroda’s premature withdrawal penalty: Up to 1%. Interest is paid at the rate applicable for the period the deposit actually ran, minus the penalty. Tax-saver FDs cannot be closed before 5 years.
Does Bank of Baroda offer a tax-saver FD?
Yes — the 5-year tax-saver FD pays 6.30% (senior 6.90%). Up to ₹1.5 lakh a year is deductible under Section 80C / Section 123 in the old tax regime.
Is my FD in Bank of Baroda safe?
Bank of Baroda is a public sector bank regulated by the RBI. Deposits are insured by DICGC up to ₹5 lakh per depositor (principal + interest, all branches combined).
Is TDS deducted on Bank of Baroda FD interest?
Yes, 10% TDS applies when your total interest from Bank of Baroda crosses ₹50,000 in a financial year (₹1 lakh for senior citizens). Submit Form 121 (earlier 15G/15H) if your tax liability is nil.
Rates are compiled from Bank of Baroda’s published rate card and reputable aggregators for information and comparison only. FinancePortal is not affiliated with the bank. Confirm the current rate with the bank before investing.