BOB FD Scheme : The Bank of Baroda (BOB) has introduced a lucrative fixed deposit (FD) scheme that allows investors to earn a handsome return with guaranteed returns and safety. With just ₹2 lakh, you can earn up to ₹51,050 in interest, depending on the tenure and interest rate chosen. This scheme is especially attractive for conservative investors, senior citizens, and those looking for assured income without the risks of the stock market.
Let’s understand how this BOB FD scheme works, the interest rates, returns calculation, eligibility, and why it’s a smart choice in 2025.
What is the BOB FD Scheme?
Bank of Baroda offers a wide range of FD schemes with flexible tenures and competitive interest rates. The current special offer enables depositors to earn more than ₹51,000 on a ₹2 lakh investment, especially under long-term tenures. It is ideal for individuals seeking stable and guaranteed returns.
Key Features:
- Secure and risk-free investment option
- Available for regular investors and senior citizens
- Multiple tenures from 7 days to 10 years
- Premature withdrawal facility (with conditions)
- Loan against FD available
- Tax-saving FD options for up to ₹1.5 lakh under Section 80C
Interest Rates on BOB Fixed Deposits (2025)
Here’s a detailed look at the current BOB FD interest rates for various tenures:
| Tenure | Interest Rate (General) | Interest Rate (Senior Citizens) |
|---|---|---|
| 7 – 14 days | 4.25% | 4.75% |
| 15 – 45 days | 4.50% | 5.00% |
| 46 – 179 days | 5.50% | 6.00% |
| 180 – 270 days | 6.25% | 6.75% |
| 271 days – 1 year | 6.50% | 7.00% |
| 1 year – 2 years | 7.25% | 7.75% |
| 2 years – 3 years | 7.05% | 7.55% |
| 3 years – 5 years | 6.75% | 7.25% |
How You Can Earn ₹51,050 on ₹2 Lakh Investment
If you invest ₹2,00,000 in a 2-year BOB FD offering 7.25% annual interest, your maturity value can be significant. Here’s a projected earnings table:
| Investment Amount | Tenure | Interest Rate | Interest Earned | Maturity Amount |
|---|---|---|---|---|
| ₹2,00,000 | 1 Year | 7.25% | ₹14,500 | ₹2,14,500 |
| ₹2,00,000 | 2 Years | 7.25% | ₹29,914 | ₹2,29,914 |
| ₹2,00,000 | 3 Years | 7.05% | ₹45,670 | ₹2,45,670 |
| ₹2,00,000 | 4 Years | 6.75% | ₹51,050 | ₹2,51,050 |
| ₹2,00,000 | 5 Years | 6.75% | ₹61,500 | ₹2,61,500 |
Note: Interest is compounded quarterly. Actual values may slightly vary.
See more : Public Provident Fund Scheme
Eligibility and Documentation
To open a Bank of Baroda FD, the following individuals/entities are eligible:
- Resident Individuals
- HUFs (Hindu Undivided Families)
- Sole Proprietorships
- Partnership Firms
- Companies and Trusts
Required Documents:
- Identity Proof (Aadhaar card, PAN card, Voter ID, etc.)
- Address Proof
- Passport-sized photograph
- PAN (mandatory for deposits above ₹50,000)
Why Choose BOB FD Scheme in 2025?
Bank of Baroda is one of the leading public sector banks in India, and its FD offerings are known for their safety, reliability, and competitive returns. Here are the advantages:
- Assured Returns: Unlike mutual funds or shares, FDs are not subject to market risks.
- Senior Citizen Benefits: Higher interest rates for individuals aged 60 and above.
- Flexible Tenures: Choose from a wide range of durations.
- Tax Benefit: 5-year tax-saving FD qualifies for deductions under Section 80C.
- Loan Facility: Avail loan or overdraft up to 90% of FD value in emergencies.
Tax Implications on FD Earnings
- Interest earned on FDs is taxable under the investor’s income tax slab.
- TDS (Tax Deducted at Source) is applicable if the annual interest exceeds ₹40,000 (₹50,000 for senior citizens).
- Submit Form 15G/15H to avoid TDS if income is below taxable limit.
| Income Slab | Tax on FD Interest (Approx.) |
|---|---|
| Up to ₹2.5 lakh | Nil |
| ₹2.5 lakh – ₹5 lakh | 5% |
| ₹5 lakh – ₹10 lakh | 20% |
| Above ₹10 lakh | 30% |
How to Open a BOB FD Account?
Opening a fixed deposit in Bank of Baroda is simple and can be done both online and offline.
Offline Process:
- Visit the nearest BOB branch
- Fill the FD application form
- Submit required KYC documents
- Deposit the money (cash/cheque/transfer)
Online Process:
- Visit
- Log in to net banking
- Choose ‘Open Fixed Deposit’
- Select amount, tenure, and FD type
- Confirm and submit
The Bank of Baroda FD scheme is a reliable and attractive option for those looking to grow their savings with assured returns. With competitive interest rates and flexible tenure options, investing ₹2 lakh can fetch you up to ₹51,050 in just 4 years. It’s a great way to park your idle money safely and earn steady income—especially beneficial for retirees, conservative investors, and individuals looking for low-risk financial products.
