The Bank of Baroda is one of the oldest and most trusted public sector banks of India. It is completely owned by the government of India and is headquartered in Vadodara, Gujarat. Bank of Baroda offers attractive returns on Recurring Deposits. Read ahead and know more.
Note: The RD rates have been sourced from the official website of Bank of Baroda. Please note that Interest Rates are subject to change, without notice, as per the market trends and the bank’s decision in this regard is final.
| Tenors | Below Rs 2 Cr. (w.e.f. 13.03.19) |
|---|---|
| 7 days to 14 days | 4.50 |
| 15 days to 45 days | 4.75 |
| 46 days to 90 days | 5.00 |
| 91 days to 180 days | 5.75 |
| 181 days to 270 days | 6.50 |
| 271 days & above and less than 1 year | 6.50 |
| 1 year | 6.70 |
| Above 1 year to 400 days | 6.85 |
| Above 400 days and upto 2 Years | 6.80/td> |
| Above 2 Years and upto 3 Years | 6.70 |
| Above 3 Years and upto 5 Years | 6.70 |
| Above 5 Years and upto 10 Years | 6.70 |
| 444 days (Only for Baroda Samriddhi Deposit Scheme) | 7.00 |
| Tenors | Below Rs 2 Cr. (w.e.f. 13.03.19) |
|---|---|
| 7 days to 14 days | 4.50 |
| 15 days to 45 days | 4.75 |
| 46 days to 90 days | 5.25 |
| 91 days to 180 days | 5.75 |
| 181 days to 270 days | 6.50 |
| 271 days & above and less than 1 year | 6.75 |
| 1 year | 6.80 |
| Above 1 Year and upto 2 Years | 6.80 |
| Above 2 Years and upto 3 Years | 6.70/td> |
| Above 3 Years and upto 5 Years | 6.70 |
| Above 5 Years and upto 10 Years | 6.70 |
| Maturity Range | Above Rs 10 cr. to upto Rs 25 cr. | Above Rs 25 cr. to upto Rs 50 cr. |
|---|---|---|
| 7 days to 14 days | 4.50 | 4.50 |
| 15 days to 45 days | 4.75 | 4.75 |
| 46 days to 90 days | 5.25 | 5.25 |
| 91 days to 180 days | 5.75 | 5.75 |
| 181 days to 270 days | 6.50 | 6.50 |
| 271 days & above and less than 1 year | 7.00 | 7.00 |
| 1 year | 7.30 | 7.30 |
| Above 1 Year and upto 2 Years | 7.05 | 7.05 |
| Above 2 Years and upto 3 Years | 6.70 | 6.70 |
| Above 3 Years and upto 5 Years | 6.70 | 6.70 |
Interest Rates for Domestic Term Deposits & NRO Deposits of above Rs 50 Crores to upto Rs.100 Crores & above Rs 100 Crores (Fresh & Renewal)
| Maturity Range | Above Rs 50 cr. to upto Rs 100cr. | Above Rs 100cr. |
|---|---|---|
| 7 days to 14 days | 4.50 | 4.50 |
| 15 days to 45 days | 4.75 | 4.75 |
| 46 days to 90 days | 5.25 | 5.25 |
| 91 days to 180 days | 5.75 | 5.85 |
| 181 days to 270 days | 6.55 | 6.55 |
| 271 days & above and less than 1 year | 7.00 | 7.00 |
| 1 year | 7.30 | 7.30 |
| Above 1 Year and upto 2 Years | 7.05 | 7.05 |
| Above 2 Years and upto 3 Years | 7.05 | 7.05 |
| Above 3 Years and upto 5 Years | 7.05 | 7.05 |
| Tenors | Below Rs.2.00 crore |
|---|---|
| 1 years | 6.70 |
| Above 1 Years to 400 days | 6.85 |
| Above 400 days and upto 2 Years | 6.80 |
| Above 2 Years and upto 3 Years | 6.70 |
| Above 3 Years and upto 5 Years | 6.70 |
| Above 5 Years and upto 10 Years | 6.70 |
| 444 days (Only for Baroda Samriddhi Deposit Scheme) | 7.00 |
| Maturity Range | Rs.2 crore to upto Rs. 10 cr |
|---|---|
| 1 years | 6.85 |
| A> 1 yr. upto 2 yrs. | 6.80 |
| > 2 yrs. upto 3 yrs. | 6.70 |
| > 3 yrs. upto 5 yrs. | 6.70 |
| >5 years upto 10 years | 6.70 |
| Maturity Range | Above Rs.10 cr. to upto Rs.25 cr. | Above Rs.25 cr. to upto Rs.50 cr. |
|---|---|---|
| 1 year | 7.30 | 7.30 |
| > 1 year up to 2 years | 7.05 | 7.05 |
| > 2 years up to 3 years | 6.70 | 6.70 |
Mentioned below are the features of Bank of Baroda RD Account:
It can be opened by resident citizen, joint account with 2 or more people, minor with a legal guardian/parent, club, association, educational institutions, joint stock companies, etc.
If you are an existing savings account holder of Bank of Baroda, you can easily open an instant RD account via net banking. If you do not have any relationship with the bank, you will have to physically visit the bank branch and open an RD account.
What is the interest rate that Bank of Baroda Recurring Deposit offers on senior citizens RDs?
The interest rate offered by Bank of Baroda Bank to senior citizens is 0.50% additional to the rates offered to the normal citizens.
Can I make alterations to the tenure of my ongoing Bank of Baroda Recurring Deposit?
No, you cannot make any alterations to the tenure of your ongoing RD.
What is the highest interest rate that is offered by the Bank of Baroda Recurring Deposit?
The highest interest rate offered by Bank of Baroda RD is 7.00% for a tenure of 444 days.
What is the minimum amount required to start Bank of Baroda Recurring Deposit account?
The minimum amount required to open an RD with Bank of Baroda is ₹50.
Can I open my Bank of Baroda Recurring Deposit without a PAN card?
Yes, you can open an RD with any other KYC document. In case you do not have a PAN card, you will be required to fill form 60 at the time of opening a new RD.
