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Bank of Baroda NRE FD Interest Rates – Highlights
| Highest slab rate | 6.45% p.a. (444 days) |
| For 1 year | 6.10% p.a. |
| For 2 years | 6.25% p.a. |
| For 3 years | 6.25% p.a. |
| For 4 years | 6.30% p.a. |
| For 5 years | 6.30% p.a. |
Interest rates are updated as of 23 March 2026
Book FDs at Interest rate upto 8.00% p.a
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Bank of Baroda NRE FD Interest Rates
Bank of Baroda NRE Fixed Deposit Interest Rates for deposits less than Rs. 3 crore w.e.f. 5 January 2026
| Tenure | Interest Rates (p.a.) |
| 1 year | 6.10% |
| Above 1 year to 400 days | 6.25% |
| Above 400 days and upto 2 Years (except 444 Days) | 6.25% |
| Above 2 Years and upto 3 Years | 6.25% |
| Above 3 Years and upto 5 Years | 6.30% |
| Above 5 Years and upto 10 Years | 6.00% |
| bob Square Drive Deposit Scheme (444 Days) | 6.45% |
Comparison of Top 20 Scheduled Bank FD Interest Rates
Banks | Highest FD rate (% p.a.) | 1-year FD rate (% p.a.) | 3-year FD rate (% p.a.) | 5-year FD rate (% p.a.) | Additional interest rate for senior citizens (% p.a.) |
| Suryoday Small Finance Bank | 7.90 | 7.25 | 7.25 | 7.90 | 0.20 |
| Jana Small Finance Bank | 8.25 | 7.00 | 7.50 | 7.77 | 0.50 |
| ESAF Small Finance Bank | 8.00 | 4.75 | 6.00 | 5.75 | 0.50 |
| Utkarsh Small Finance Bank | 7.50 | 6.00 | 7.50 | 7.00 | 0.50 |
| Ujjivan Small Finance Bank | 7.45 | 7.25 | 7.20 | 7.20 | 0.50 |
| Shivalik Small Finance Bank | 7.80 | 6.00 | 6.75 | 6.25 | 0.50 |
| Equitas Small Finance Bank | 7.40 | 6.90 | 7.00 | 7.00 | 0.50 |
| Bandhan Bank | 7.25 | 7.00 | 7.00 | 5.85 | 0.50-0.75 |
| DCB Bank | 7.15 | 6.90 | 7.00 | 7.00 | 0.25-0.50 |
| RBL Bank | 7.20 | 7.00 | 7.20 | 6.70 | 0.50 |
| Capital Small Finance Bank | 7.15 | 7.00 | 7.00 | 6.90 | 0.50 |
| SBM Bank | 7.85 | 7.10 | 7.10 | 7.00 | 0.50 |
| AU Small Finance Bank | 7.10 | 6.35 | 7.10 | 6.75 | 0.50 |
| Central Bank of India | 6.50 | 6.20 | 6.00 | 6.00 | 0.50 |
| YES Bank | 7.00 | 6.65 | 7.00 | 6.75 | 0.50-0.75 |
| Induslnd Bank | 7.00 | 6.75 | 6.90 | 6.65 | 0.50 |
| Unity Small Finance Bank | 7.50 | 7.50 | 6.75 | 6.75 | 0.50 |
| Federal Bank | 6.75 | 6.25 | 6.75 | 6.40 | 0.50 |
| Bank of India | 6.60 | 6.25 | 6.25 | 6.00 | 0.50 |
NRE Fixed Deposit Interest Rates for Rs. 3 crore to Rs. 4 crore w.e.f. 8 March 2026
| Tenure | Interest Rates (p.a.) |
| 1 year | 6.10% |
| Above 1 year to 15 months | 6.00% |
| Above 15 months to less than 2 years | 6.00% |
| Above 2 years to 3 years | 5.50% |
| Above 3 years to 5 years | 5.00% |
| Above 5 years to 10 years | 4.50% |
Features of Bank of Baroda NRE Rupee Fixed Deposits
- Depositors can open an NRE FD account with BoB by inward remittances in any convertible foreign currency through banking channels by way of SWIFT, demand drafts, or telegraphic transfers.
- NRIs can also open their fixed deposit account with traveller’s cheques during their personal visit or transfer from any NRE FD account, NRE Rupee Savings account or Foreign Currency Non-Resident (FCNR) Deposit.
- The tenure for Bank of Broda NRE FD ranges from 1 year to 10 years.
- A cumulative interest and quarterly interest payout option (i.e. March, June, September and December) is available.
- Depositors can avail loan or overdraft facilities against their deposits.
- Depositors can repatriate their entire deposit (principal + interest) in any convertible foreign currency.
- They are also eligible for the nomination facility.
Premature Withdrawal of BoB NRE Deposits
- No interest will be paid if the depositor withdraws the FD amount in less than 12 months.
- Bank of Baroda does not levy any penalty for premature closure of an NRE Fixed Deposit if the depositor is willing to renew the deposit for a tenure longer than the residual maturity for a better FD interest rate, provided the deposit has run for a minimum 1 year with the bank.
- Premature Withdrawal of FD is as follows:-
Particulars Premature Withdrawal Penalty Premature withdrawal of deposits up to Rs 5 lakhs, provided it remained with the bank for at least 1 year No penalty Withdrawn FD in less than 1 year or having a deposit amount above Rs 5 lakh to less than Rs 1 crore 1% from the applicable rate or the contracted rate, whichever is lower Premature closure of FD of Rs 1 crore and above (allowed only with 31 days’ prior notice) 1.5% on the applicable interest rate for the tenure for which the deposit has remained with the bank or the contracted rate of deposit, whichever is lower.
FAQs
What is the 444 FD scheme in Bob Bank??
Bank of Baroda introduced “bob Square Drive Deposit Scheme” – a new FD scheme for both Indian residents and NRIs. The scheme offers the highest FD rate of 6.45% p.a. for a tenure of 444 days.
What is the highest FD interest rate of Bank of Baroda NRE FD?
The highest fixed deposit interest rate for Bank of Baroda NRE FD is 6.45% p.a. for tenures of 444 days.
Can I avail loan against my NRE Rupee Deposits?
Bank of Baroda allows NRIs to avail loan or overdraft against their NRE Rupee deposits.
I am an NRI customer. Can I use mobile banking?
NRI customers can avail Bank of Baroda Mobile Banking facility and do transactions subject to FEMA or RBI guidelines.