Bank of Baroda (BoB) is one of India’s major public sector banks and offers fixed deposits across a range of tenures and deposit schemes. For October 2026, its retail FD portfolio includes regular tenures as well as special schemes such as bob Square Drive (444 days) and bob Golden Goal (555 days).
In this post, we shall discuss the latest BoB FD interest rates, the bob Square Drive scheme (444 days), the bob Golden Goal scheme (555 days), senior citizen benefits, and ways to calculate the returns from your fixed deposits using the Bank of Baroda FD Calculator.
Disclaimer: The post is purely for educational purposes and should not be taken as financial or investment advice. The interest rates on the Bank of Baroda fixed deposits might change anytime, according to the Bank of Baroda.
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Bank of Baroda FD Interest Rates in 2026
Bank of Baroda offers retail fixed deposits with tenures ranging from 7 days to 10 years. For deposits up to ₹3 crore, the bank currently offers interest rates of up to 6.75% p.a. for general customers under select special schemes, while eligible senior citizens can earn up to 7.25% p.a. on select tenures.
The following are Bank of Baroda’s current callable retail FD rates for deposits below ₹3 crore, effective 12 June 2026:
| Tenure | General Public | Senior Citizens | Super Senior Citizens |
| 7–14 days | 3.50% | 4.00% | 4.00% |
| 15–45 days | 3.50% | 4.00% | 4.00% |
| 46–90 days | 5.00% | 5.50% | 5.50% |
| 91–180 days | 5.00% | 5.50% | 5.50% |
| 181–210 days | 5.50% | 6.00% | 6.00% |
| 211–270 days | 5.75% | 6.25% | 6.25% |
| 271 days to less than 1 year | 6.00% | 6.50% | 6.50% |
| 1 year | 6.25% | 6.75% | 6.75% |
| Above 1 year to 400 days | 6.25% | 6.75% | 6.85% |
| Above 400 days to 2 years* | 6.25% | 6.75% | 6.85% |
| Above 2 years to 3 years | 6.25% | 6.75% | 6.85% |
| Above 3 years to 5 years | 6.30% | 6.90% | 7.00% |
| Above 5 years to 10 years | 6.00% | 7.00% | 7.00% |
| Above 10 years — MACAD only | 5.50% | 6.00% | 6.00% |
| bob Square Drive — 444 days | 6.45% | 6.95% | 7.05% |
| bob Golden Goal — 555 days | 6.75% | 7.25% | 7.35% |
Interest rates apply to eligible retail deposits and are subject to revision by the bank.
Latest Fixed Deposit Updates:
- Cumulative vs Non-Cumulative FD: Which Payout Option Earns More?
- Callable vs Non-Callable FDs: Why Non-Callable Deposits Pay More
- Sweep-In FD Explained: How Auto-Sweep Accounts Work in India
Special FD Schemes of Bank of Baroda
One of the main features of Bank of Baroda Fixed Deposits is its Special Tenure Deposit schemes.
bob Square Drive Deposit Scheme (444 days)
The callable bob Square Drive Deposit Scheme offers 6.45% p.a. to general customers, 6.95% p.a. to resident senior citizens and 7.05% p.a. to eligible resident super senior citizens aged 80 years and above. Non-callable deposits may receive an additional 0.05% subject to the applicable conditions.
bob Golden Goal Deposit Scheme (555 Days)
This deposit scheme is a special fixed deposit scheme with a period of 555 days, and it is offering one of the highest interest rates of the bank, i.e., 6.75% p.a. (callable) to general public customers and 7.25% p.a. to resident senior citizens.
For qualifying non-callable deposits above ₹1 crore and below ₹3 crore, the Golden Goal rates are 6.80% for general customers, 7.30% for resident senior citizens and 7.40% for resident super senior citizens.
bob Square Drive vs. bob Golden Goal: What is Different?
Both schemes are special fixed deposits, but they differ mainly in tenure and interest rate.
| Feature | bob Square Drive | bob Golden Goal |
|---|---|---|
| Tenure | 444 days | 555 days |
| General rate | 6.45% | 6.75% |
| Senior citizen rate | 6.95% | 7.25% |
| Super senior rate | 7.05% | 7.35% |
| Availability | Retail deposits, subject to bank terms | Retail deposits, subject to bank terms |
The rates shown are for callable retail deposits below ₹3 crore. Qualifying non-callable deposits above ₹1 crore and below ₹3 crore can receive an additional 0.05 percentage point under applicable Bank of Baroda terms.
Rather than choosing a scheme based only on the highest interest rate, investors should also consider whether the tenure aligns with their financial goals and liquidity needs.
FD Calculator of Bank of Baroda
Bank of Baroda’s FD Calculator can estimate the maturity value of an FD based on the deposit amount, interest rate, tenure and applicable compounding or payout option. The actual maturity amount will depend on the terms applicable when the FD is booked.
Things to Consider Before Investing in BoB Fixed Deposits
Prior to investing in fixed deposits, it is recommended that one look beyond the rate of interest mentioned.
| Factor | Why It Matters |
| Interest Rate | Determines the return on your deposit. |
| Deposit Tenure | Should match your financial goals. |
| Special FD Scheme | Selected tenures may offer different interest rates. |
| Premature Withdrawal | May be subject to reduced interest or penalties. |
| Deposit Insurance | Eligible deposits are covered under DICGC limits as applicable. |
Eligible deposits with Bank of Baroda are covered under the Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance scheme up to ₹5 lakh per depositor per bank, subject to prevailing regulations.
Frequently Asked Questions (FAQs)
For callable retail deposits below ₹3 crore, the bob Golden Goal 555-day FD offers the highest rate of 6.75% p.a. for general customers and 7.25% p.a. for eligible resident senior citizens. Eligible resident super senior citizens can earn 7.35% p.a. Qualifying non-callable deposits can earn an additional 0.05 percentage point.
It is a special 444-day fixed deposit scheme offering 6.45% p.a. to general customers, 6.95% p.a. to eligible resident senior citizens and 7.05% p.a. to eligible resident super senior citizens on callable deposits.
Yes. Bank of Baroda’s FD Calculator can be used to estimate the maturity amount based on the deposit amount, tenure and applicable interest rate.
Bank of Baroda is a public sector bank regulated by the Reserve Bank of India. Eligible Bank of Baroda deposits are covered by DICGC insurance up to the applicable limit of ₹5 lakh per depositor per bank, including principal and interest. Deposit insurance does not cover amounts above that limit.
Conclusion
Even today, Bank of Baroda continues to provide its customers with a wide variety of fixed deposits. Its offerings like bob Square Drive (444 Days) and bob Golden Goal (555 Days) offer special-tenure interest rates along with additional interest for eligible senior citizens. It is always wise to first examine the tenures of fixed deposits that Bank of Baroda offers and understand the terms and conditions applicable to the fixed deposit before going ahead.
Disclaimer
Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities and municipal debt securities/securitized debt instruments are subject to credit risks, market risks, and default risks, including delay and/or default in payment. Read all the offer-related documents carefully. This blog/article should not be construed as financial advice or as an offer or recommendation to buy or sell any security or any products/services of/on GoldenPi or any product/services of its third-party client(s). For a detailed calculation of YTM, visit our website. T&C’s Apply.
