Consider hammering down an excess of savings for a year without ever impinging upon them and sat watching the same grow in guaranteed, attractively high-yield? More so, on a backdrop not totally insulated from the fluctuations in interest rates. This is because is the 444-day long-term fixed-deposit scheme created by Bank of Baroda, to cater to better yields than merely typical FDs, with the umbrella of safety under the arm of one of India’s most trusted PSBs.
What Is Exclusive To The Bob Square Drive Scheme?
And why must this particular fixed deposit be special? This is envisioned for retail deposits, particularly for less than Rs 3 crore. The bank offers groups of fixed-time deposits (with or without pre-withdrawal of funds) as options for customers. If money is withdrawn prematurely, the bank pays demotivation towards the complete commitment.
Latest Interest Rates, converted As Of December 2025
Bank of Baroda is having some competitive interest rates with an additional advantage for the seniors. Below is a clear snapshot:
| Category | Callable Rate (% p.a.) | Non-Callable Rate (% p.a.) | Super Senior (80+ years) Extra |
|---|---|---|---|
| General Public | 6.60 | +0.05 to 0.50 (approx.) | N/A |
| Senior Citizens | 7.10 | Higher premium | Up to 7.20 |
| Super Senior Citizens | 7.20 | Higher premium | Included |
Estimated Returns On Your Investment
Did you wonder about how your money would grow? On a fixed deposit of Rs 1 lakh under the callable variant (Quarterly Compounding):
- Senior citizens: Interest rate is a bigger leverage of 7.10%.
- Super seniors: At an interest rate of 7.20%, you’d be looking at more substantial improvement.
With non-callable FDs added to the mix, returns can only get sweeter. It is advised to calculate the interest based on your deposit by using the FD calculator, which can be accessed online from Bank of Baroda.
