Bank of Baroda FD Rates

Bank of Baroda FD Interest Rates: Highlights

Highest slab rate	7.30% p.a. (400 days – Bob Utsav Deposit Scheme)
For 1 year	6.85% p.a.
For 2 years	7.00% p.a.
For 3 years	7.15% p.a.
For 4 years	6.80% p.a.
For 5 years	6.80% p.a.
Tax-Saving FD	6.80% p.a.

Note: Interest rates as of 20 January 2025

BoB FD Interest Rates

Bank of Baroda FD rates on Domestic/NRO Deposits of less than Rs. 3 Crore (with premature withdrawal facility) w.e.f. 14 October 2024

Tenure	Interest Rates (%) p.a.
	Regular Citizens	Senior Citizens	Super Senior Citizens
7 days to 14 days	4.25	4.75	4.75
15 days to 45 days	4.50	5.00	5.00
46 days to 90 days	5.50	6.00	6.00
91 days to 180 days	5.60	6.10	6.10
181 days to 210 days	5.75	6.25	6.25
211 days to 270 days	6.25	6.75	6.75
271 days & above and less than 1 year	6.50	7.00	7.00
1 year	6.85	7.35	7.35
Above 1 year to 400 days	7.00	7.50	7.60#
Above 400 days to 2 years	7.00	7.50	7.60#
Above 2 years to 3 years	7.15	7.65	7.75#
Above 3 years to 5 years	6.80	7.40*	7.50#
Above 5 years to 10 years	6.50	7.50**	7.50**
Above 10 years (MACT/MACAD Court Order schemes only)	6.25	6.75	6.75

Notes:

1. Additional senior citizen rates (50 bps) is applicable to resident Indian senior citizens only
2. *Additional 0.60% over FD rates offered to regular citizens (0.50% + 0.10%)
3. **Additional 1% over FD rates offered to regular citizens (0.50% + 0.50%)
4. #Additional 0.10% over senior citizen FD rates (0.50%+0.10%)

Calculate the estimated returns on your deposits using our FD calculator

bob Utsav FD rates on Domestic & NRO Deposits 

Tenure	Interest Rates (%) p.a.
	Regular Citizens	Senior Citizens	Super Senior Citizens
400 days – Bob Utsav Deposit Scheme	7.30	7.80	7.90#

BOB Earth Green Term Deposits on Domestic & NRE Deposits of less than Rs. 3 Crore (with premature withdrawal facility) w.e.f. 14 October 2024

Tenure	Interest Rates (%) p.a.
	Regular Citizens	Senior Citizens	Super Senior Citizens
12 months	6.80	7.30	7.30
1.5 years	6.95	7.45	7.55#
777 days	7.10	7.60	7.70#
1111 days	6.75	7.35*	7.45#
1717 days	6.75	7.35*	7.45#
2201 days	6.45	7.45**	7.45**

Comparison of Top 20 Scheduled Banks based on FD Rates

Baroda Tax Savings Fixed Deposit w.e.f. 14 October 2024

Tenure	Interest Rates (%) p.a.
	Regular Citizens	Senior Citizens	Super Senior Citizens
5 years	6.80	7.40*	7.50#
Above 5 years to 10 years	6.50	7.50**	7.50**

Bank of Baroda NRI FD Interest Rates

Bank of Baroda NRE FD Interest Rates on deposits less than Rs. 3 Crore (with premature withdrawal facility) w.e.f. 14 October 2024

Tenure	Interest Rate (%)
1 year	6.85
Above 1 year to 400 days	7.00
Above 400 days to 2 years	7.00
Above 2 years to 3 years	7.15
Above 3 years to 5 years	6.80
Above 5 years to 10 years	6.50

Bank of Baroda FD Interest Rates on FCNR (B) deposits w.e.f. 16 December 2024 to 15 January 2025

Tenure/Currency	Interest Rates (% p.a.)
	USD			GBP	EUR	AUD	CAD
	Up to 2 Lakhs	2 to 10 Lakhs	Above 10 Lakhs
1 year	5.50	5.80	5.80	4.75	–	–	–
Above 1 year to less than 2 years	5.25	5.25	5.25	4.50	1.50	3.60	4.00
2 years to less than 3 years	3.95	3.95	3.95	2.35	1.50	3.50	4.10
3 years to less than 4 years	3.80	3.80	3.80	2.45	1.50	3.00	3.85
4 years to less than 5 years	3.85	3.85	3.85	2.45	1.50	3.00	3.90
5 years	3.90	3.90	3.90	2.45	1.50	3.00	3.95

Bank of Baroda Credit Card Against FD

Bank of Baroda Credit Card against FD is a facility provided by the lender to enable its existing depositors avail credit cards. The lender offers Bank of Baroda Credit Card against FD to its depositors against the security of their ongoing fixed deposit with the bank. The Bank of Baroda Prime Credit Card, a lifetime free Bank of Baroda Credit Card against FD, is issued to the applicants without income proof. Here are the top features of Bank of Baroda Prime Credit Card:

Particulars	Prime
Minimum FD	Rs. 15,000
Joining Fee	NIL
Annual Fee	NIL
Add on Card Fee	NIL
Finance Charges	39% APR (annual percentage rate)

Types of Bank of Baroda FD Schemes

Baroda Tax Savings Term Deposit Account

• The deposit amount of the Tax Savings Fixed Deposit can be used to claim income tax deduction under Section 80C of the Income Tax Act.
• This term deposit plan comes with three variants – RIRD (for cumulative deposit scheme), MIP (where interest component is paid out each month at discounted rates) and QIP (where the interest component is paid out each quarter).
• Tenor: 5 – 10 years
• Minimum Deposit Amount: Rs. 100 (Further deposits to be made in multiples of Rs. 100)
• Maximum Deposit Amount: Rs. 1.5 Lakh
• Tax Benefit: Any investment under this scheme is eligible for taxation benefits under section 80C of the Income Tax Act.
• Interest Rate: In terms of the interest rate, the following groups will get some special benefits:
  • Senior citizens will get an additional interest of 0.50% p.a. for deposits below Rs. 3 Crore.
  • Both the present as well as ex-staff of Bank of Baroda are eligible for an additional interest (the interest rate is decided by the bank) on their deposits.
  • Any ex-staff who is also a senior citizen will get additional interest benefits of both the categories.
• Interest Payout: The interest earned from the MIP and QIP variants of the scheme will be paid to the depositor.
• Loan/Overdraft Facility: No loan/overdraft option is available for the Baroda Tax Savings Term Deposit Account.
• Premature Withdrawal: Premature Withdrawal is allowed on this scheme (at the bank’s discretion) only after completion of 5 years. Some of the conditions related to premature withdrawal are as follows:
  • The interest rate will be 1% lower than the prevailing rate payable on the deposit.
  • Any interest amount paid beforehand will be recovered from the principal amount at the time of premature withdrawal of the deposit.
• Premature Closure: The premature closure of the account is permitted in case of death of the account holder but only as per the bank norms and procedures.

Baroda Suvidha Flexible Fixed Deposit Scheme

• This Fixed Deposit (FD) scheme offers the depositor liquidity in terms of flexible withdrawal of their investment along with providing overdraft facilities to its depositors.
• Tenor: 1 – 5 years
• Minimum Deposit Amount: The minimum deposit amount for this account is Rs. 5,000 (it is considered as 5 units of Rs. 1,000 each) with further deposits to be made in multiples of Rs. 1,000).
• Maximum Deposit Amount: There is no upper limit on the maximum deposit amount. The minor accounts opened for individuals above 10 years have a maximum limit of Rs. 1 Lakh.
• Interest Rate: In terms of the interest rate, the following groups will get some special benefits:
  • Senior citizens will get an additional interest of 0.50% p.a. for deposits below Rs. 3 Crore.
  • Both the present as well as ex-staff of Bank of Baroda are eligible for additional interest (the interest rate is decided by the bank) on their deposits.
  • Any ex-staff who is also a senior citizen will get additional interest benefits of both the categories.
• Interest Payout: The interest earned from the scheme will be paid to the depositor on a half-yearly basis.
• Loan/Overdraft Facility: The loan/overdraft option is available on up to 95% of the balance amount in the account on the date of the loan. No advances are available against deposits for minor accounts (opened in a single name) and Hindu Undivided Families.
• Premature withdrawal: The premature withdrawal facility is allowed on a minimum amount of Rs. 1,000 (which is considered as a single unit) and thereafter in multiple units. Some of the conditions related to premature withdrawal are as follows:
  • For partial withdrawal, the interest rate for the withdrawn units will be 1% lower than the prevailing rate payable on the deposit. The interest rate payable is computed on a quarterly compounding basis.
  • In the case of complete withdrawal, the interest will be paid after deducting a penalty of 1% from the applicable rate or contracted rate (whichever is lower) for charging a penalty

BOB Earth Green Term Deposit

• BOB Earth Green Fixed Deposit is introduced to promote environment-friendly initiatives by encouraging individuals to invest in green projects and activities that contribute to sustainable development.
• Minimum deposit amount: Rs 5,000 (thereafter in multiples of Rs 100
• Additional 0.50% p.a. is offered to senior citizen depositors
• Nomination and auto-renewal facilities are available

Monthly Income Plan (MIP)

• This Fixed Deposit (FD) scheme offers a guaranteed monthly interest payout option along with providing overdraft facilities to its depositors.
• Tenor: 1 – 10 years
• Minimum Deposit Amount: The minimum deposit amount for this account is Rs. 1,000 with further deposits to be made in multiples of Rs. 100.
• Maximum Deposit Amount: There is no upper limit on the maximum deposit amount. The minor accounts opened for individuals above 10 years have a maximum limit of Rs. 1 Lakh.
• Interest Rate: In terms of the interest rate, the following groups will get some special benefits:
  • Senior citizens will get an additional interest of 0.50% p.a. for deposits below Rs. 3 Crore.
  • Both the present as well as ex-staff of Bank of Baroda are eligible for an additional interest (the interest rate is decided by the bank) on their deposits.
  • Any ex-staff who is also a senior citizen will get additional interest benefits of both the categories.
• Loan/Overdraft Facility: The loan/overdraft option is available on up to 95% of the balance amount in the account on the date of the loan. No advances are available against deposits for minor accounts (opened in a single name) and Hindu Undivided Families.
• Security: Deposits under MIP are accepted as security by the government departments.
• Non-Fund Based Activities: Deposits under this scheme are also accepted as a margin for non-fund based activities like letter of credit, bank guarantee, credit reports, solvency certificates, etc.
• Premature Withdrawal: Some of the conditions related to premature withdrawal are as follows:
  • There is no penalty on premature withdrawal for deposits of up to Rs. 5 Lakhs if the amount has remained in the account for 1 year.
  • The interest rate applicable for premature withdrawal without the penalty is either the contracted rate or the rate on the day of accepting deposits till the time it has remained in the bank (whichever is lower)
  • For premature withdrawal of deposits more than Rs. 5 Lakhs that have remained less than 1 year, the interest rate for the withdrawn amount will be 1% lower than the rate on the day of accepting deposits till the time it has remained in the bank or the contracted rate (whichever is lower).
  • For premature withdrawal of deposits of Rs. 1 Crore and above, the depositor needs to give an advance notice of 31 days and the penalty on applicable interest rate for such deposits will be 1.5% as per the bank guidelines.

Quarterly Income Plan (QIP)

• This fixed deposit plan helps the customers get a fixed source of income on a quarterly basis.
• Tenor: 1 – 10 years
• Minimum Deposit Amount: The minimum deposit amount for this account is Rs. 1,000 with further deposits to be made in multiples of Rs. 100.
• Maximum Deposit Amount: There is no upper limit on the maximum deposit amount. The minor accounts opened for individuals above 10 years have a maximum limit of Rs. 1 Lakh.
• Interest Rate: In terms of the interest rate, the following groups will get some special benefits:
  • Senior citizens will get an additional interest of 0.50% p.a. for deposits below Rs. 3 Crore.
  • Both the present as well as ex-staff of Bank of Baroda are eligible for an additional interest (the interest rate is decided by the bank) on their deposits.
  • Any ex-staff who is also a senior citizen will get additional interest benefits of both the categories.
• Interest Payout: The interest earned from the Monthly Interest Payment and Quarterly Interest Payment variants of the scheme will be paid to the depositor.
• Loan/Overdraft Facility: The loan/overdraft option is available on up to 95% of the balance amount in the account on the date of the loan.
• Security: Deposits under this scheme are accepted as security by the government departments.
• Non-Fund Based Activities: Deposits under QIP are also accepted as a margin for non-fund based activities like letter of credit, bank guarantee, credit reports, solvency certificates, etc.
• Premature Closure: Some of the conditions related to premature closure are as follows:
  • The interest rate will be 1% lower than the prevailing rate payable on the deposit.
  • No penalty is levied for premature withdrawal on deposits of up to Rs. 5 Lakhs (provided the deposits have remained in the account for minimum 1 year)
  • For deposits of Rs. 1 Crore and above, the bank needs to be notified 31 days in advance and a penalty of 1.5% on the interest rate will be levied for the total deposit period.

Motor Accident Claims Annuity Deposit (MACAD)

• This Fixed Deposit (FD) scheme facilitates claims related to motor accidents as decided by the courts or tribunals. It involves depositing a one-time amount in the MACAD account along with opening a linked savings account for crediting monthly annuity payments from the FD till the end of its term.
• Tenor: 3 – 10 years. If the deposit period is less than 3 years, a normal FD account is opened. The tenure can also be more than 10 years as per the court’s direction.
• Minimum Deposit Amount: The minimum deposit amount is based on a monthly annuity (Rs. 1,000 or more) for the tenure of MACAD.
• Maximum Deposit Amount: There is no upper limit on the maximum deposit amount.
• Interest Rate: The interest rate will be as per the FD tenure. Senior citizens will get an additional interest of 0.50% p.a.
• Loan/Overdraft Facility: No loan/overdraft option is available for the MACAD Account.
• Premature Closure: Some of the conditions related to premature closure are as follows:
  • Premature Closure or part payment of a lump sum amount is made with the court’s permission.
  • In case of part payment, the court can also allow the reissuing of annuity for the balance amount and tenure.
  • There is no penalty on premature closure
  • The nominee in a MACAD account can seek premature closure or continuation of annuity payments in case of death of the claimant.

Capital Gain Account Scheme (CGAS), 1988

• This scheme has authorized the bank to accept deposits arising from Long Term Capital Gains from transfer of capital assets.
• Types of Accounts: The CGAS account is of two types:
  • Account A is a savings deposit account (In some cases, like for customers from the Bora Muslim Community, a current account titled A-I is opened instead of the saving deposit account)
  • Account B is a Term Deposit Receipt (TDR)/Special Term Deposit Receipt (STDR)
• Purpose: Any individual, association, firm, Hindu Undivided Family (HUF), company, etc. who want to avail tax benefits under Section 54, 54B, 54D, 54F and 54G of the Income Tax Act can open accounts under this scheme.
• Tenor: The tenure of this scheme depends on the following factors:
  • If the capital gains are under Section 54, 54B and 54F, the tenure will be 2 years from the date of transfer of the original asset.
  • If the capital gains are under Section 54, 54D, 54F, 54G and 54GB, the tenure will be 3 years from the date of transfer of the original asset.
• Minimum Deposit Amount: The minimum deposit amount is Rs. 1,000.
• Maximum Deposit Amount: There is no upper limit on the maximum deposit amount.
• Interest Rate: The interest rate for this scheme is as per the bank’s discretion. Senior citizens and staff/ex-staff will not get any additional interest.
• Loan/Overdraft Facility: No loan/overdraft option is available for the CGAS Account.
• Security: Deposits under this scheme are accepted as security by the government departments.
• Non-Fund Based Activities: Deposits under CGAS are also accepted as a margin for non-fund based activities like letter of credit, bank guarantee, credit reports, solvency certificates, etc.
• Premature withdrawal: There is no penalty on premature withdrawal for deposits of up to Rs. 5 Lakhs if the amount has remained in the account for 1 year.
• Premature Closure: In case of death of the account holder, the premature closure of the account is permitted but only as per the bank norms and procedures.

Baroda Advantage Fixed Deposits (Non-Callable)

• This Fixed Deposit (FD) plan helps the customers get differential interest rates over their normal FD rates (deposit amount above Rs. 15 Lakhs) in exchange for foregoing the premature withdrawal option.
• Tenor: 1 – 10 years
• Minimum Deposit Amount: The minimum deposit amount for this account is Rs. 15 Lakhs with further deposits to be made in multiples of Rs. 1,000.
• Maximum Deposit Amount: There is no upper limit on the maximum deposit amount. The minor accounts opened for individuals above 10 years have a maximum limit of Rs. 1 Lakh.
• Interest Rate: The interest rate will be on a preferential basis as decided by the bank. The following groups will get some special benefits:
  • Senior citizens will get an additional interest of 0.50% p.a. for deposits below Rs. 3 Crore.
  • Both the present as well as ex-staff of Bank of Baroda are eligible for an additional interest (the interest rate is decided by the bank) on their deposits.
  • Any ex-staff who is also a senior citizen will get additional interest benefits of both the categories.
• Interest Payout: The interest earned from this scheme will be paid out in the following manner:
  • For individuals and non-individuals (other than banks) –
    • Non-Callable FD RIRD – the interest is paid on maturity
    • Non-Callable FD MIP – the interest is paid on monthly basis
    • Non-Callable FD QIP – the interest is paid on quarterly basis
  • For banks –
    • Non-Callable FD RIRD – the interest is paid on maturity
    • Non-Callable FD MIP – the interest is paid on monthly basis
    • Non-Callable FD QIP – the interest is paid on quarterly basis
• Loan/Overdraft Facility: The loan/overdraft option is available on up to 85% of balance amount in the account on the date of the loan.
• Security: Deposits under this scheme are accepted as security by the government departments.
• Non-Fund Based Activities: Deposits under QIP are also accepted as a margin for non-fund based activities like letter of credit, bank guarantee, credit reports, solvency certificates, etc.
• Premature Closure: The premature closure of the account is permitted in case of death of the account holder but only as per the bank norms and procedures.

Baroda Advantage Fixed Deposits NRO Non-Callable

• This Fixed Deposit (FD) scheme helps the Non-Resident Ordinary (NRO) Account holders get differential interest rates over their normal FD rates (deposit amount above Rs. 15 Lakhs) in exchange for foregoing the premature withdrawal option. The deposits will be available in the MIP/QIP/RIRD scheme.
• Tenor: 1 – 10 years
• Minimum Deposit Amount: The minimum deposit amount for this account is Rs. 15 Lakhs with further deposits to be made in multiples of Rs. 1,000.
• Maximum Deposit Amount: The maximum deposit amount for this account is Rs. 3 Crores.
• Interest Rate: The interest rate will be on a preferential basis as decided by the bank.
• Interest Payout: The interest payment frequency is similar to a normal term deposit (callable) product.

NRE Rupee Fixed Deposits 

• This Fixed Deposit (FD) scheme enables the Non-Resident External (NRE) Account holders to open an account through inward remittances in a convertible currency through normal banking channels like SWIFT, demand drafts, telegraphic transfers, foreign currency and traveller
• Tenor: 1 – 10 years
• Minimum Deposit Amount: The minimum deposit amount for this account is Rs. 15 Lakhs with further deposits to be made in multiples of Rs. 1,000.
• Maximum Deposit Amount: The maximum deposit amount for this account is Rs. 3 Crores.
• Interest Rate: The interest rate is payable at the end of every quarter for cumulative deposits. No interest is payable on deposits that have remained in the bank for less than 1 year.
• Interest Payout: The interest payment frequency is similar to a normal term deposit (callable) product.
• Premature Closure: Premature closure is permitted on the NRE Rupee Fixed Deposits after 1 year and the interest rate will be 1% lower than the prevailing rate payable on the deposit.

NRO Rupee Fixed Deposits

• This Fixed Deposit (FD) account allows Non-Resident Indians to deposit their earnings from sources in India.
• Tenor: 15 days to 10 years.
• Tax Rates: 30.90% withholding tax and applicable cess/surcharge is applicable for the Non-Resident Ordinary (NRO) Savings or FD accounts where the DTAA is not applicable or the NRI depositor cannot provide the documents/formalities to avail rebates in withholding tax. The surcharge is applicable @2.5% of the TDS/tax amount for foreign companies if they have a net income exceeding Rs. 1 Crore.
• Interest Payout: The interest payment cycle is on a quarterly basis.
• Loan/Overdraft Facility: Term loan and overdraft facility is available on this product.
• Premature Withdrawal: Premature withdrawal is allowed in case of renewing the FD at better interest rates without any penalty clause.

Resident Foreign Currency Accounts

• This account is for Non-Resident Indians (NRI) who are returning to India and settling here. These accounts can be maintained in foreign denominations like United States Dollars, GB Pound Sterling, Euro or Australian Dollars.
• Tenor: 1 – 5 years
• Interest Rates: The interest rates for Resident Foreign Currency (RFC) accounts from 1 to 5 years will have the same interest rates as Foreign Currency Non-Resident (FCNR) deposits. No interest is payable for premature withdrawal before 1 year.

Rupee Linked Foreign Currency Deposit Scheme for NRIs

• This foreign currency deposit account enables Non-Resident Indians (NRI) to deposit inward remittances received in convertible currencies through normal banking channels like SWIFT, demand drafts and foreign currency.
• Tenor: The tenure for this product is 1, 2 and 3 years.
• Minimum Deposit Amount: The minimum deposit amount for this account is USD 10,000 or its equivalent in GBP, AUD and EUR.
• Interest Rates: The interest rates for this account is the same as Foreign Currency Non-Resident (B) deposits. No interest is payable on deposits that have remained in the bank for less than 1 year.
• Interest Payout: The interest is payable on maturity along with the principal. A forward contract can also be booked on the total maturity amount of the deposit.
• Premature withdrawal: In case of premature withdrawal, the forward contract will also be cancelled. The customer has to bear the total loss or gain from difference between exchange rate (on the repayment date) and the forward exchange rate (at the time of making the deposit).

Foreign Currency Linked Rupee Deposits (FCLRD) Scheme

• This scheme offers the benefits of both Non-Resident External (NRE) rupee deposits and Foreign Currency Non-Resident (FCNR) deposits. It eliminates the risk of losses due to fall in the exchange rate as the maturity amount is decided in a foreign currency at the time of making the deposit.
• Tenor: The tenure for this product is 1 year.
• Minimum Deposit Amount: The minimum deposit amount for this account is USD 10,000 or its equivalent in GBP, AUD and EUR.
• Interest Payout: The interest is payable on maturity along with the principal. No interest is payable on deposits that have remained in the bank for less than 1 year. A forward contract can also be booked on the total maturity amount of the deposit.

Foreign Currency Non-Resident B Term Deposit Scheme

• This term deposit plan helps to repatriate the maturity proceeds (principal and interest) in foreign currency with no income tax liability on the interest amount along with total confidentiality of transactions.
• Tenor: The tenure for this product is a minimum 1 year. For deposit terms ranging from 1 – 5 years, the account holder will receive cumulative interests on a half-yearly basis under the reinvestment plan.
• Interest Payout: The interest is payable on a half-yearly basis (March and September) for Cumulative Deposits. No interest is payable on deposits that have remained in the bank for less than 1 year. A forward contract can also be booked on the total maturity amount of the deposit.

Bank of Baroda FD Calculator

Investors can check the maturity amount of their Fixed Deposits using Bank of Baroda FD Calculator provided by Paisabazaar. Users will be required to enter the amount they wish to deposit, preferred tenure of investment and the applicable FD rate for the tenure chosen to know how much their investment will be worth at maturity.

Frequently Asked Questions (FAQs)

Q. Can I withdraw Bank of Baroda FD interest monthly?

Ans: Yes, you can withdraw the interest component of Bank of Baroda FD monthly by opting for the Bank of Baroda Monthly Income Plan (MIP).

Q. How can I withdraw money from my Bank of Baroda fixed deposit?

Ans: Depositors can withdraw money from their BoB FD by submitting an FD closure request with the bank branch. Online BoB FDs can be closed through online or internet banking.

Q. What is the minimum tenure for Bank of Baroda Fixed Deposit?

Ans: The minimum Bank of Baroda FD tenure is 7 days.

Q. What happens to Bank of Baroda FD after maturity?

Ans: If the depositor has opted for auto renewal option while opening their BoB FD account, the maturity proceeds will be automatically renewed for the original term or for 1 year depending on the tenure. If the depositor had opted for auto closure at the time of opening an FD, the maturity proceeds of that FD is transferred to the linked bank account of the depositor.

Q. Can I close the Bank of Baroda FD before its maturity?

Ans: Depositors can prematurely withdraw their BoB FDs before their maturity dates. The bank does not charge any premature withdrawal penalty for FD account of up to Rs. 5 lakhs, if that FD has remained active for at least 1 year. For other FD accounts, the bank charges 1% penal rate on the applicable rate or contracted rate, whichever is lower.

Q. Can a Bank of Baroda deposit be made in a joint name?

Ans: Yes, Bank of Baroda Fixed Deposits can be opened by more than one person, jointly.

Q. What if I lose my Bank of Baroda FD Receipt?

Ans: Bank of Baroda will issue a duplicate FDR to you on submitting the required documents.

Q. Can I transfer my Bank of Baroda fixed deposit from one branch to another?

Ans: Depositors can transfer their Bank of Baroda FDs from one branch to another. Depositors just need to contact the branch manager of the bank branch where their FD was originally opened and submit a written request for FD transfer along with the FD receipt. Once the account is verified, the account will be transferred to the requested branch.

Q. Can I transfer my Bank of Baroda FD to another bank?

Ans: Bank of Baroda fixed deposits cannot be transferred from one bank to another. If a depositor wishes to transfer an Bank of Baroda FD to another bank, he or she will need to prematurely close that FD and use its closure proceeds to open a new FD with another bank.