Bank of Baroda offers Fixed Deposit schemes to individuals both for a short term period as well as for a long term period. There are different types of schemes offered by the bank with varied features and attractive rates of interest. Let us have a look at the various schemes on offer.
Bank of Baroda Interest Rate on Term Deposits & NRO Deposits
| FD Tenure | Interest Rates (in %) on Deposits less than Rs 1 crore |
| 7 days to 14 days | 4.25 |
| 15 days to 45 days | 4.75 |
| 46 days to 90 days | 5.00 |
| 91 days to 180 days | 5.50 |
| 181 days to 270 days | 6.25 |
| 271 days & above and less than 1 year | 6.35 |
| 1 year | 6.45 |
| Above 1 year to 400 days | 6.70 |
| Above 400 days and up to 2 years | 6.60 |
| Above 2 years and up to 3 years | 6.60 |
| Above 3 years and up to 5 years | 6.70 |
| Above 5 years and up to 10 years | 6.60 |
Note: Bank of Baroda does not offer additional interest rates for senior citizens and staff members. The rates mentioned above are for deposits made below Rs 1 crore.
Note: Figures mentioned in the above table are subject to change without prior information.
Bank of Baroda Short Fixed Deposit for a short tenure of less than 12 months with the following features:
Bank of Baroda Maha Utsav Fixed Deposit Scheme for the Festive Season.
A Bank of Baroda Double Dhamaka fixed deposit scheme from bank of baroda where the maturity proceeds are more than double the original investment. The features are:
A scheme providing liquidity with the following features:
A flexible deposit scheme with the following benefits:
A deposit plan which promises regular incomes monthly, quarterly or half-yearly. The features are as follows:
A deposit scheme which provides regular interest income monthly. The features are:
A plan promising regular income with the following features:
A fixed deposit scheme for longer tenures. The features are as follows:
A deposit scheme designed to save tax under Section 80C. the features are:
A scheme where deposit is required to be made monthly. The features are as follows:
Before investing in a fixed deposit scheme, a depositor should use the FD calculator to find out the maturity amount payable at the completion of tenure. This calculation helps depositors to plan their investments wisely to increase the interest amount received after maturity.
For all reinvestment schemes, users should use the compound interest calculator to check the maturity amount they will receive in the end. Paisabazaar provides a range of calculators to users who can check their interest and maturity amount before investing. Users can also use the Bank of Baroda fixed deposit calculator and just enter the principal amount and tenure to get the results without entering the interest rates. It helps in getting exact amount even if they do not know the rate of interest offered by the bank for a specific scheme.