Bank of Baroda FD interest rates: Bank of Baroda has increased the interest rates on its fixed deposits (FDs) of up to Rs 2 crore. Following the change, the FD interest rate can go up to 7.25 per cent for the general public. Senior citizens can earn up to 7.75 per cent on fixed deposits in the Bank of Baroda. The revised interest rates on fixed deposits are effective from May 12, 2023.
Latest Bank of Baroda FD interest rates
Bank of Baroda offers an interest of 3 per cent interest rate on deposits maturing between seven and 45 days. FDs maturing between 46 and 180 days will earn an interest rate of 4.5 per cent . Bank of Baroda will pay an interest of 4.5 per cent on FDs maturing between 181 and 210 days. Fixed deposits maturing between 211 days and less than one year will earn an interest of 5.75 per cent. The bank will offer an interest rate of 6.75 per cent on fixed deposits maturing between one and two years. The bank will offer an interest rate of 7.05 per cent on FD tenures of above two years and up to three years. The earlier interest rate offered on this tenure was 6.75 per cent. The bank offers an interest rate of 6.50 per cent on FDs maturing between three and ten years.
On the special deposit dubbed as Baroda Tiranga Plus Deposit Scheme for a tenure of 399 days, Bank of Baroda offers the highest interest rate of 7.25 per cent.
| Tenors | Residents / General Public (%) | Resident Indian Sr. Citizen (%) |
| 7 days to 14 days | 3 | 3.50* |
| 15 days to 45 days | 3 | 3.50* |
| 46 days to 90 days | 4.5 | 5.00* |
| 91 days to 180 days | 4.5 | 5.00* |
| 181 days to 210 days | 5.25 | 5.75* |
| 211 days to 270 days | 5.75 | 6.25* |
| 271 days & above and less than 1 year | 5.75 | 6.25* |
| 1 year | 6.75 | 7.25* |
| Above 1 year to 400 days | 6.75 | 7.25* |
| Above 400 days and upto 2 Years | 6.75 | 7.25* |
| Above 2 Years and upto 3 Years | 7.05 | 7.55* |
| Above 3 Years and upto 5 Years | 6.5 | 7.15 # |
| Above 5 Years and upto 10 Years | 6.5 | 7.50*** |
| Above 10 years (MACT/MACAD | 6.25 | 6.75* |
| Court Order schemes only) | ||
| 399 Days (Baroda Tiranga Plus Deposit Scheme) | 7.25 | 7.75* |
(* incl. additional ROI 0.50%, # incl. additional ROI of 0.50+0.15, ** incl. additional ROI of 0.50%+0.30%, *** incl. additional ROI of 0.50%+0.50%)
Source: Bank of Baroda website
Bank of Baroda FD interest rates for senior citizens
For deposits maturing between 7 and 45 days, the bank offers an interest rate of 3.5 per cent to senior citizens. FDs maturing between 46 days and 180 days, will earn an interest rate of 5 per cent. Deposits maturing between 181 and 210 days will earn an interest rate of 5.75 per cent. Senior citizens will earn an interest rate of 6.25 per cent on deposits maturing between 211 days and less than a year. Senior citizens can get an interest rate of 7.25 per cent on fixed deposits maturing between one and two years.
The bank will offer an interest rate of 7.55 per cent on deposits maturing between two years and up to three years. Earlier the interest rate offered on this tenure was 7.25 per cent. The bank offers an interest of 7.15 per cent on FDs maturing between three to five years and 7.55 per cent on FDs maturing above 5 years.
On the special deposit dubbed as Baroda Tiranga Plus Deposit Scheme for a tenure of 399 days, Bank of Baroda offers the highest interest rate of 7.75 per cent.
According to the Bank of Baroda website, “Additional 30bps over & above 50bps being paid to Senior Citizens for Retail Term Deposits of tenor Above 5 Years to 10 years has been increased to 50bps as per ALCO Meeting deliberations dated 22.12.2022 and accordingly will be paid 100bps (50bps+50bps) w.e.f. 26.12.2022 (Fresh & Renewals).”
