Attractive Interest Rates

Bank of Baroda Fixed Deposits offer lucrative interest rates. This allows you to earn greater returns on your savings. Our present Rate of Interest are available at our website https://www.bankofbaroda.in/interest-rate-and-service-charges/deposits-interest-rates or can be obtained from our Branches also.

Flexible Tenure Options

Bank of Baroda Fixed Deposits provide a range of tenure options from 7 days to 10 years. You can select a tenure that matches your financial plans. Interest rates can vary across different periods, catering to both short-term and long-term goals.

Premature Withdrawal Facility

Bank of Baroda allows premature withdrawals. Note that this option may come with a penalty, but it ensures liquidity in case of emergencies. Bank of Baroda even provide Term Deposits with Part payment facility also where Customer need to close the entire FDR while requesting for Part Payment to enable them to earn contracted Interest on Remaining amount of FDR.

Benefits for Senior Citizens & Super Senior Citizens

Senior citizens & Super Senior Citizens enjoy special benefits from Bank of Baroda Fixed Deposits. Individuals above 60 years of age are treated as Senior Citizens and Individuals above 80 years of age are treated as Super Senior Citizens who get higher interest rates. Our present Rate of Interest are available at our website https://www.bankofbaroda.in/interest-rate-and-service-charges/deposits-interest-rates or can be obtained from our Branches also.

Customizable Interest Payout

Choose the interest payout frequency that best suits your financial needs. Bank of Baroda offers flexibility with monthly, quarterly annual or cumulative interest payout options.

Autorenewal Facility

Bank of Baroda offers an autorenewal facility for bank Fixed Deposits. Your FD can be automatically renewed under the same terms if having a Tenor period of less than 12 months. Your FD can be automatically renewed under the 12 Months term if having a Tenor period of equal or more than 12 months. You can also provide specific renewal instructions to suit your needs, all at the prevailing interest rates.

Nomination Facility

Secure your investment by appointing a nominee for your Fixed Deposit. You can do this at any time during its tenure. Bank of Baroda allows you to update or change nominee details as needed.

Loan or Overdraft Against FD

In times of financial need, you can use your Fixed Deposit as collateral to secure a loan from Bank of Baroda. This way, you can address emergencies without breaking your FD and losing out on the benefits. In Overdraft against FD, only the amount withdrawn from Account will subject to Interest.

Interest can be received monthly, quarterly or at maturity, based on your preference.

Interest rates on Fixed Deposits vary based on the deposit amount, tenure and type. Additionally, non-withdrawable Fixed Deposits with amounts starting from ₹1 crore usually offer enhanced rates, reflecting their long-term, less liquid nature. Rates are set to reward larger and longer-term investments with better returns.

Options to Save Tax

1. Invest in Tax-Saving FDs

Choose tax-saving Fixed Deposits under Section 80C of the Income Tax Act to claim a deduction up to ₹1.5 lakh. These FDs have a five-year lock-in period.

2. Plan Investments Across Years

Spread your FD investments to keep annual interest below the TDS threshold of ₹40,000 (₹50,000 for senior citizens) to avoid TDS.

3. Utilise Senior Citizen / Super Senior Benefits

Senior / Super Senior citizens benefit from higher TDS exemptions and additional interest rates, enhancing returns and reducing taxes.

Open a Fixed Deposit with Bank of Baroda

Opening a Fixed Deposit with Bank of Baroda is convenient through multiple channels. You can use Bank of Baroda’s bobWorld Internet Banking platform, Mobile Banking app “bobWorld” to create your FD account. Simply log in, navigate to the Fixed Deposit section and follow the prompts to complete your application.

For Non-Bank of Baroda Customers

Non-Bank of Baroda customers can open a Direct FD with us.

1. Access the digital booking portal – click here.
2. Select the tenure and amount that suits you best.
3. Fill in the required information digitally.
4. Ensure you successfully complete video KYC for identity verification.
5. Confirm your booking and watch your savings grow.

A Fixed Deposit (FD) is a financial instrument where you deposit a lump sum of money with a bank for a fixed period at a predetermined interest rate.

The minimum deposit amount is ₹1,000. There is no specific maximum limit for an FD.

Interest earned on FDs is taxable. Tax Deducted at Source (TDS) is applicable if the interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.

Investing in bank Fixed Deposits offers assured returns and capital protection with minimal risk. It provides a stable and predictable way to grow your savings. FDs offer flexible tenure options and competitive interest rates.

You can add a nominee when opening the FD account or update it later through online channels such as Internet banking and Mobile Banking app bobWorld, visiting a branch or contacting customer service.

The Sweep-in facility links Select Savings or Current account with the Flexi FDs. It enables the automatic transfer of funds from FD to account when the balance falls below a certain threshold. For More details, Please contact your base branch.

Investing in an FD may be relatively safe because the returns are assured and know at the time of booking. Additionally, bank deposits are insured up to ₹5 Lakh by the Deposit Insurance and Credit Guarantee Corporation (DICGC).

You can withdraw your FD before maturity (except for Non-Callable Deposits). However, a premature withdrawal penalty may apply. Please contact your Branch or check Online channels such as Internet Banking and ‘bobWorld app” in case you need to make premature withdrawals.

You can open multiple FDs with Bank of Baroda, as there is no limitation on the maximum number of FDs you can open. .

Bank of Baroda offers loans or Overdraft against your FD. You can borrow up to 95% of the deposit amount without breaking the FD.

Interest can be received monthly, quarterly or at maturity, based on your preference.

मीयादी जमाराशि या सावधि जमाराशि वह जमाराशियां हैं, जहां जमाकर्ता बैंक द्वारा निर्धारित अवधि के लिए एकमुश्त राशि जमा करता है और परिपक्वता पर उसका भुगतान प्राप्त करता है. बैंक ऑफ बड़ौदा 7 दिनों से 120 माह तक की अवधि के लिए सावधि जमा की सुविधा प्रदान करता है.

बैंक मीयादी जमाराशि को 12 माह से कम (अल्पकालिक जमाराशि), 12 माह से अधिक (दीर्घकालिक जमाराशि) और आवर्ती जमा के रूप में वर्गीकृत करता है. बैंक द्वारा इसके चयन के लिए विकल्प प्रदान किया जाता है. आपके लिए सबसे उपयुक्त उत्पाद के लिए आवेदन करने हेतु https://www.bankofbaroda.in/personal-banking/accounts/deposits को देखें.

मीयादी जमाराशि आकर्षक प्रतिफल प्रदान करती हैं, उनमें बचत खातों की तुलना में कम जोखिम और उच्च अवधि का ब्याज शामिल हैं, और यदि आप एक वरिष्ठ नागरिक हैं, तो आपका प्रतिफल और भी अधिक होगा. बैंक ऑफ बड़ौदा अल्पावधि में उच्च रिटर्न के साथ जमाराशि का विकल्प प्रदान करता है. मीयादी जमाराशि की पसंद आपकी निवेश क्षमता और आपके द्वारा चुने गए निवेश की अवधि पर निर्भर करती है. अपने निवेश पोर्टफोलियो के अनुकूल योजना का निर्धारण करने के लिए प्रत्येक योजना को ध्यान से पढ़ें.

ब्याज दर उस अवधि के आधार पर भिन्न होता है जिसके लिए सावधि जमा खाते खोले जाते हैं.

अधिक जानकारी के लिए क्लिक करें https://www.bankofbaroda.in/interest-rate-and-service-charges/deposits-interest-rates

ब्याज का भुगतान प्रचलित आयकर अधिनियम के अनुसार स्रोत पर कर कटौती (टीडीएस) के अधीन होता है. तथापि, आयकर संबंधी दिशानिर्देशों के अनुसार एक वित्तीय वर्ष में अधिकतम सीमा से अधिक ब्याज अर्जित करने वाली जमा राशि पर टीडीएस लिया जाता है.

बैंक अपने विवेकानुसार जमाकर्ता के अनुरोध पर निर्धारित जमा अवधि पूरी होने से पहले मीयादी जमा राशि के आहरण की अनुमति दे सकता है. बैंक समय-समय पर मीयादी जमाराशि की समय-पूर्व आहरण के लिए अपनी दंडात्मक ब्याज दरों व इससे संबंधित नीति की घोषणा करेगा. बैंक के मौजूदा दिशानिर्देशों के अनुसार दंड प्रभारित किया जाएगा.

मीयादी जमाराशियां लाभदायक होती हैं क्योंकि यह नियमित बचत खाते की तुलना में बेहतर प्रतिफल प्रदान करती हैं इसलिए, ब्याज दरों के संदर्भ में, एक मीयादी जमाराशि आपके मूलधन में बेहतर रूप से वृद्धि करती है. आप अपनी आवश्यकतानुसार कभी भी बचत खाते को एक्‍सेस कर सकते हैं. बचत खाता रखना एक अच्छी आदत है और साथ ही, अपनी बचत सामर्थ्य के अनुसार सावधि जमाराशि में निवेश करें.

जमाकर्ता के अनुरोध पर बैंक अपने विवेकानुसार निर्धारित जमा अवधि पूरी होने से पहले मीयादी जमाराशि के आहरण की अनुमति दे सकता है. बैंक द्वारा समय-समय पर सावधि जमाराशि की समय - पूर्व आहरण के लिए अपनी अपनी दंडात्मक ब्याज दरों एवं इससे संबंधित नीति की घोषणा की जाएगी. बैंक के मौजूदा दिशानिर्देशों के अनुसार दंड प्रभारित किया जाएगा.