If you’re planning to grow your savings safely and steadily, Bank of Baroda’s Fixed Deposit (FD) schemes might be just what you need. Whether you’re a regular saver or a senior citizen looking for assured returns, this government bank is offering attractive interest rates for different tenures — even in 2025.
Let’s break down how a ₹1 lakh deposit can earn you up to ₹15,114 in fixed returns, and what FD options are available with Bank of Baroda right now.
Bank of Baroda FD: What You Need to Know
Bank of Baroda, one of India’s largest public sector banks, allows you to open an FD account for a duration ranging from 7 days to 10 years. As of now, the interest rates vary from 3.50% to 7.20%, depending on the term and customer category.
Here’s a quick snapshot of the current FD interest rates:
| FD Tenure | Interest Rate (General) | Senior Citizen | Very Senior Citizen (80+ Years) |
|---|---|---|---|
| 7 to 14 Days | 3.50% – 4.00% | Higher than general | Higher than general |
| 1 Year | 6.50% | 7.00% | 7.10% |
| 2 Years | 6.50% | 7.00% | 7.10% |
| 444-Day Special Scheme | 6.60% – 7.20% | Up to 7.70% | Up to 7.80% |
Rates are subject to change. Please verify with your local branch or the official website.
How Much Will You Earn on ₹1,00,000?
Let’s say you invest ₹1 lakh in a 2-year fixed deposit. Here’s how the returns differ by age category:
- For Regular Citizens:
- Interest Rate: 6.50%
- Maturity Amount: ₹1,13,763
- Total Interest Earned: ₹13,763
- For Senior Citizens (60+ years):
- Interest Rate: 7.00%
- Maturity Amount: ₹1,14,888
- Total Interest Earned: ₹14,888
- For Very Senior Citizens (80+ years):
- Interest Rate: 7.10%
- Maturity Amount: ₹1,15,114
- Total Interest Earned: ₹15,114
So if you’re in the very senior citizen category, your ₹1 lakh deposit will fetch you the highest return — an assured ₹15,114 in interest.
Why Choose Bank of Baroda for Fixed Deposits?
- Government-backed bank = trust & safety
- Wide range of tenures to suit your needs
- Special interest rates for seniors
- Flexible payout options – monthly, quarterly, or at maturity
- Digital FD opening available via app or net banking
Disclaimer:
This content is for educational and informational purposes only. Interest rates may vary. Always consult your bank branch or financial advisor before making any investment. We are not liable for financial losses or investment decisions made based on this article.