Bank of Baroda Fixed Deposit

Tenure

Interest Rate on Fixed Deposits of up to less than Rs. 1 crore

1 year

6.65%

Above 1 year to 400 days

6.75%

Above 400 days and upto 2 years

6.70%

Above 2 years and upto 3 years

6.60%

Above 3 years and upto 5 years

6.70%

Above 5 years and upto 10 years

6.60%

Tenure

USD

GBP

EUR

YEN

CAD

AUD

1 year to less than 2 years

3.41

1.33

0.00

0.25

2.85

2.48

2 years to less than 3 years

3.58

1.62

0.06

0.27

2.93

2.51

3 years to less than 4 years

3.87

1.73

0.21

0.30

2.99

2.56

4 years to less than 5 years

3.87

1.80

0.34

0.32

3.03

2.80

5 years

3.88

1.87

0.48

0.35

3.06

2.87

• Minimum tenure – 7 days.

• Maximum tenure – less than 1 year.

• Minimum deposit amount is ₹ 1000.

• Senior Citizens get an additional interest rate of 0.50% for deposits of ₹ 10,000/- and above.

• Tax is deducted at source (TDS) on interest more than ₹ 10,000/- per year.

• Overdraft or loan against deposits is allowed up to a maximum of 95%.

• Nomination facility is available.

• Minimum tenure – 12 months.

• Maximum tenure – 120 months.

• Minimum deposit amount is ₹ 10,000.

• There is no limit on the maximum deposit amount.

• Interest will be paid half-yearly compounded quarterly.

• Senior Citizens get an additional interest rate of 0.50% for deposits of ₹ 10,000/- and above.

• Tax is deducted at source (TDS) on interest more than ₹ 10,000/- per year.

• Overdraft or loan against deposits is allowed up to a maximum of 95%.

• Nomination facility is available.

• Minimum tenure – 12 months.

• Maximum tenure – 120 months.

• Minimum deposit amount is ₹ 5,000 and then in multiples of ₹ 1,000.

• There is no limit on the maximum deposit amount.

• Interest will be paid half-yearly compounded quarterly.

• Senior Citizens get an additional interest rate of 0.50% for deposits of ₹ 10,000/- and above.

• Tax is deducted at source (TDS) on interest more than ₹ 10,000/- per year.

• Overdraft or loan against deposits is allowed up to a maximum of 95%.

• Nomination facility is available.

• Minor accounts can be opened for depositors above 10 years of age but the cap on investment is ₹ 1 lakh.

• Minimum deposit amount – ₹ 1000/- and then in multiples of ₹ 100/-

• There is no cap on the maximum deposit amount.

• The minimum deposit tenure is 12 months.

• The maximum deposit tenure is 120 months.

• Premature withdrawal of up to 95% of the deposit amount allowed.

• The scheme is auto-renewed on maturity if no standing instructions are provided.

• No penalty is charged for premature withdrawal on the amount below ₹ 5 lakhs if it has remained for more than 12 months.

• The interest paid in case of premature withdrawal of amount between ₹ 5 lakhs and ₹ 1 crore is 1% below the card rate even if the amount has remained for more than 12 months.

• The minimum deposit amount is ₹ 1000/- and then in multiples of ₹ 100/-

• There is no cap on the maximum deposit amount.

• Minimum tenure – 12 months.

• Maximum tenure – 120 months.

• The interest is paid on a monthly basis.

• The additional interest rate for senior citizens of 0.50% is applicable on investment of more than ₹ 10,000.

• Premature withdrawal of up to 95% of the deposit amount allowed.

• The scheme is auto-renewed on maturity if no standing instructions are provided.

• No penalty is charged for premature withdrawal on the amount below ₹ 5 lakhs if it has remained for more than 12 months.

• The interest paid in case of premature withdrawal of amount between ₹ 5 lakhs and ₹ 1 crore is 1% below the card rate even if the amount has remained for more than 12 months.

• The minimum deposit amount is ₹ 1000/- and then in multiples of ₹ 100/-

• There is no cap on the maximum deposit amount.

• Minimum tenure – 12 months.

• Maximum tenure – 120 months.

• The interest is paid on a half-yearly basis.

• The additional interest rate for senior citizens of 0.50% is applicable on investment of more than ₹ 10,000.

• Loan/overdraft of up to 95% of the deposit amount available.

• No processing fees will be charged for Loans and Advances against bank deposits.

• The scheme is auto-renewed on maturity if no standing instructions are provided.

• The Govt. of India accepts the money deposited in this plan as a security.

• No penalty is charged for premature withdrawal on the amount below ₹ 5 lakhs if it has remained for more than 12 months.

• The interest paid in case of premature withdrawal of amount between ₹ 5 lakhs and ₹ 1 crore is 1% below the card rate even if the amount has remained for more than 12 months.

• The minimum deposit amount is ₹ 100/- and then in multiples of ₹ 100/-

• The maximum deposit amount is ₹ 1.5 lakhs.

• Minimum tenure – 12 months.

• Maximum tenure – 120 months.

• The interest is compounded quarterly in this scheme.

• No loan or overdraft is provided in this scheme.

• The lock-in period for the scheme is of 5 years.

• Premature withdrawal is not allowed. However, if the depositor wants to withdraw, the interest rate payable is 1% below the card rate.

• All resident individuals (single or jointly) and HUFs can open this account.

• TDS is applicable if the interest is more than ₹ 10,000.

• No tax is deducted if Form 15G/15H is submitted beforehand.