What are the latest Bank of Baroda FD Interest Rates 2026?

The Bank of Baroda (BoB) offers the latest FD interest rates from to p.a. for general citizens and to p.a. for senior citizens.

What is the 444-day FD scheme under Bank of Baroda FD?

Bob Square Drive Deposit is a 444-day term deposit scheme offered by Bank of Baroda, paying 6.45% p.a. to the general public, 6.95% p.a. to senior citizens, and 7.05% p.a. to super senior citizens (80+). You can also earn an additional 0.05% interest by opting for the Non-Callable deposit.

What is a short deposit in BoB?

Bank of Baroda short-term fixed deposits with tenures of 7 days to less than 1 year, offering higher returns than its savings accounts.

Can a tax-saving FD in Bank of Baroda be withdrawn before 5 years?

No, tax-saving fixed deposits with Bank of Baroda have a mandatory 5-year lock-in period and offer interest rates of up to 6.00% for general citizens and 7.00% for senior citizens. During this period, they cannot withdraw, loan, or overdraft funds, as this is not permitted under Section 80C of the Income Tax Act. (Exceptions: Only in case of the customer's unfortunate demise can the nominee/claimant make a premature withdrawal.)

What is Bank of Baroda 24-month FD?

The Bank of Baroda 24-month FD, also known as BoB 400 days FD, offers the highest interest rates of up to 6.25% p.a. for general citizens, 6.75% p.a. for senior citizens, and 6.85% p.a. for super senior citizens.

How much loan can I get against my FD in the Bank of Baroda?

Bank of Baroda allows you to borrow up to 90% of the amount in your fixed deposit as a loan or overdraft under its loan against FD facility. You will have to pay an additional 1% to 2% interest on your BOB loan against an FD.

Does Bank of Baroda offer higher FD interest rates for senior citizens?

Yes, the Bank of Baroda senior citizens FD rates usually offer an additional 0.50% across most tenures, and senior citizens get an additional 0.10%, bringing the overall rate to 0.60%. This benefit applies only when the FD is opened in an individual capacity, not jointly with a non-senior citizen.

What is the minimum deposit amount required to open an FD in the Bank of Baroda?

The minimum amount required for an FD under the Bank of Baroda is Rs 1000.

Bank of Baroda FD Interest Rates 2026

The current Bank of Baroda (BoB) fixed deposit interest rates range from to p.a. for general citizens and to p.a. for senior citizens, with tenure ranging from 7 days to 10 years. Bank of Baroda tax-saving FD rates range from 6.30% for general depositors to 7.00% for senior and super senior citizens, for terms of 5 to 10 years. The bank provides foreign currency and rupee-denominated deposit schemes for Non-Resident Indians and Overseas Citizens of India, offering tax advantages in India.

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Before Tax (returns)^*

After Tax (returns)^*

Tax Benefits

Yes

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₹10 Lakh**

What is a Bank of Baroda Fixed Deposit?

A Fixed Deposit is a secure investment option in which you deposit a lump sum for a chosen tenure and earn guaranteed returns. The special Bank of Baroda NRE Account facility is for the NRIs to invest their money in 5 different currencies, like USD, GBP, EUR, AUD and CAD, to manage savings in India. BOB special FD schemes include the Liquid Fixed Deposits Scheme, BOB Tax Saving FD, BOB Earth Green Term Deposit, and the BOB Square Drive (444 Days) scheme, which stands out with a peak rate of for the general public and for senior citizens and 7.05% for super senior citizens.

BoB is one of the few banks offering an additional 0.10% for Super Senior Citizens (aged 80+), bringing the total bonus to 0.60%. By investing in this FD, you can enjoy BOB loan against fixed deposits, easy liquidation, a tax threshold for interest and safety guaranteed by DICGC insurance up to ₹5 lakhs.

Bank of Baroda Fixed Deposit: Key Highlights

Tenure

7 days to 10 years
Minimum Deposit Amount

Rs 1,000
Maximum Deposit Amount

NIL
Loan Facility

Up to 90%
Premature Withdrawal

Up to 1% penalty
Senior Citizens Benefits

0.5% higher than usual
Overdraft Facility

Available
Tax

Yes Applicable

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#Premature withdrawal involves penalties as per the bank’s policy; charges and rules differ for callable and non-callable fixed deposits. ~The bank may reduce applicable interest rates or levy charges for loans against fixed deposits.

Bank of Baroda Fixed Deposit Interest Rates: Latest Update

Bank of Baroda revised its FD interest rates on January 5, 2026. After this latest update, seniors can receive a maximum of 7.00% interest from the Bank of Baroda.

Bank of Baroda FD Interest Rates 2026

Here’s a detailed breakdown of Bank of Baroda latest FD interest rates across various tenures and investment slabs:

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