BOB FD Interest Rates 2026 – Latest Bank of Baroda Fixed Deposit Rates, Features & Eligibility
Bank of Baroda (BOB) Fixed Deposits remain a trusted investment option in 2026 for individuals looking for safe, stable, and predictable returns. As one of India’s leading public sector banks, BOB offers competitive FD interest rates across short-term and long-term tenures.
If you’re planning to invest this year, here’s a complete guide on BOB FD interest rates 2026, features, eligibility, tax rules, and how to open an FD.
Quick Summary: BOB FD 2026
| Feature | Details |
|---|---|
| Bank Name | Bank of Baroda (BOB) |
| Tenure | 7 days to 10 years |
| Minimum Deposit | ₹1,000 (may vary by scheme) |
| Maximum Deposit | No upper limit |
| Senior Citizen Benefit | +0.50% (typically) |
| Interest Payout | Monthly / Quarterly / On Maturity |
| Premature Withdrawal | Allowed with penalty |
| Loan Against FD | Available |
BOB FD Interest Rates 2026
BOB FD interest rates vary depending on tenure and customer type (general or senior citizen). Rates are subject to change based on bank notifications.
BOB FD Rates for General Public (Indicative 2026)
| Tenure | Interest Rate (p.a.) |
|---|---|
| 7 – 45 days | 3.50% |
| 46 – 90 days | 4.50% |
| 91 – 180 days | 5.00% |
| 181 – 270 days | 6.00% |
| 271 days – 1 year | 6.25% |
| 1 year | 6.75% |
| 399 days (special tenure, if available) | 7.25% |
| 2 – 3 years | 7.00% |
| 3 – 5 years | 6.75% |
| 5 – 10 years | 6.50% |
BOB FD Rates for Senior Citizens (60+ Years)
Senior citizens typically receive an additional 0.50% interest over regular rates.
Example: If the general rate is 7.00%, senior citizens may earn around 7.50%.
BOB may also introduce limited-period special FD schemes with slightly higher returns. Always check the latest rates in the BOB mobile app or branch before investing.
Key Features of Bank of Baroda Fixed Deposits
1. Flexible Tenure Options
Choose tenure from 7 days up to 10 years.
2. Guaranteed Returns
Interest rate remains fixed throughout the tenure.
3. Multiple Interest Payout Options
- Cumulative FD (interest paid at maturity)
- Non-cumulative FD (monthly/quarterly income)
4. Loan or Overdraft Against FD
Avail up to 80–90% of the FD amount as a loan.
5. Premature Withdrawal Facility
Allowed with applicable penalty.
6. Auto-Renewal Option
FD can automatically renew at maturity.
Types of BOB FD Schemes
Bank of Baroda offers:
- Regular Fixed Deposit
- Tax Saver FD (5-year lock-in)
- Senior Citizen FD
- NRE/NRO Fixed Deposits (for eligible NRIs)
- Special Tenure FD Schemes (if available)
BOB Tax Saver FD 2026
For tax planning purposes:
- Lock-in period: 5 years
- Eligible under Section 80C (up to ₹1.5 lakh)
- Premature withdrawal not allowed
- Interest earned is taxable
This option is suitable for salaried individuals planning year-end tax savings.
Eligibility Criteria
You can open a BOB FD if you are:
- Resident Indian (18+ years)
- Senior citizen (60+ years)
- Minor (through guardian)
- Joint account holders
- HUF, firms, or companies (as per bank rules)
NRIs can open NRE/NRO FDs subject to eligibility norms.
How to Open BOB FD (Step-by-Step)
Option 1: Online via BOB Net Banking / App
- Login to BOB net banking or mobile app
- Select “Open Fixed Deposit”
- Enter deposit amount
- Choose tenure
- Select payout option
- Confirm and submit
FD advice is generated instantly.
Option 2: Visit BOB Branch
- Fill FD application form
- Submit KYC documents (Aadhaar, PAN)
- Deposit cheque or transfer funds
- Collect FD receipt
Premature Withdrawal Rules
- Allowed before maturity
- Penalty typically 0.5%–1% lower interest
- Tax Saver FD cannot be withdrawn before 5 years
Penalty rules may vary, so confirm before closing the FD.
Taxation on BOB FD Interest
Important tax details for 2026:
- Interest earned is fully taxable
- TDS applicable if interest exceeds prescribed limit
- Senior citizens have higher TDS threshold
- Submit Form 15G/15H (if eligible) to avoid TDS
Always declare FD interest in your Income Tax Return (ITR).
Who Should Invest in BOB FD?
BOB FD is suitable for:
✔ Risk-averse investors
✔ Senior citizens seeking regular income
✔ Individuals planning tax-saving investments
✔ Short-term and medium-term savers
It may not suit investors looking for high, market-linked returns.
FAQs – BOB FD Interest Rates 2026
1. What is the highest BOB FD interest rate in 2026?
A. Special tenures (like 399 days, if available) often offer higher returns. Check the BOB app for latest updates.
2. Is Bank of Baroda FD safe?
A. Yes. Bank of Baroda is a public sector bank regulated by RBI.
3. Can I break BOB FD before maturity?
A. Yes, except Tax Saver FD. Penalty may apply.
4. What is the minimum deposit amount?
A. Typically ₹1,000.
5. Does BOB offer monthly interest payout?
A. Yes, under non-cumulative FD option.
Troubleshooting & Common Issues
FD Not Visible in Account?
Refresh net banking or contact BOB customer care.
TDS Deducted?
Check PAN update and Form 15G/15H submission status.
Auto-Renewal Not Working?
Update maturity instructions in net banking or visit branch.
Security Tips Before Investing
- Verify tenure and interest rate before confirmation
- Add nominee details
- Avoid sharing OTP or banking credentials
- Keep FD receipt stored safely
- Use official Bank of Baroda channels only
Conclusion
BOB FD interest rates in 2026 remain competitive across short-term and medium-term tenures. With flexible payout options, senior citizen benefits, and the reliability of a public sector bank, Bank of Baroda Fixed Deposits continue to be a safe and practical investment option.
Before investing, compare tenure-wise returns and check the latest interest rates in the BOB mobile app or branch to maximise your returns.
