Bank of Baroda Special FD Schemes

What are Bank of Baroda Special FD Schemes 2025?

Bank of Baroda special fixed deposit schemes are variations of its regular FDs, featuring different tenures and attractive Bank of Baroda FD rates. The special deposit schemes offered by BoB are:

• 399 Days FD (BOB Tiranga Plus): A medium-term deposit with a minimum of ₹1,000 for callable and ₹15.01 lakh for non-callable.
• 444 Days FD (BOB Square Drive): A short-term FD scheme providing attractive returns and additional perks for senior and super senior citizens (official deposit limits not specified).
• 555-Day FD: A mid-term option balancing steady growth and attractive returns for investors with a 1.5-year horizon (deposit thresholds not officially published).
• BOB Earth Green FD Schemes: Special tenures of 777, 1111, 1717, and 2201 days, with deposits starting from ₹5,000. These schemes are designed mainly for retail customers.

Bank of Baroda Special FD Schemes & Rates

The current FD interest rates on BoB special FDs for deposits amount to less than ₹3 crore are: 

BOB Tiranga Plus Interest Rates (399 days)

Interest rates w.e.f September 12, 2025. 

Bank of Baroda FD Rates for 444 Days

Interest rates w.e.f September 12, 2025. 

Bank of Baroda 555-Day FD

Interest rates w.e.f September 12, 2025. 

BOB Earth Green Term Deposit Interest Rates

For 777 Days Tenure

Interest rates w.e.f September 12, 2025. 

For 1111 Days Tenure

Interest rates w.e.f September 12, 2025. 

For 1717 Days Tenure

Interest rates w.e.f September 12, 2025. 

For 2201 Days Tenure

Interest rates w.e.f September 12, 2025. 

Illustrations for Different BOB Schemes

Below are illustrations showing how each scheme works with sample investment amounts, interest calculations, and maturity values:

BOB 555 Days FD

With a tenure of about 1.5 years, the 555-Day FD offers steady returns and enhanced rates for older depositors.

If a super senior citizen invests ₹80,000 at 7.10%:

• Simple Interest: (80,000 × 7.10 × 1.52) / 100 ≈ ₹8,633
• Maturity (SI): ₹88,633
• Compound Interest (Quarterly): ≈ ₹8,990
• Maturity (CI): ₹88,990

This scheme highlights the premium benefits extended to older investors.

BOB Earth Green Deposit: 777 Days

Aimed at environmentally conscious savers, this FD runs for 777 days while rewarding long-term discipline.

For a general citizen investing ₹1,50,000 at 6.45%:

• Simple Interest: ≈ ₹20,595
• Maturity (SI): ₹1,70,595
• Compound Interest (Quarterly): ≈ ₹21,600
• Maturity (CI): ₹1,71,600

Senior Citizen (6.95%) Maturity: ≈ ₹1,72,650

Super Senior Citizen (7.05%) Maturity: ≈ ₹1,72,950

Note: The Bank of Baroda FD interest calculator can help estimate maturity amounts.

Key Features of Bank of Baroda Special FD Schemes

When evaluating BoB’s special FD schemes, consider the following features, benefits, and constraints:

• Limited Availability: Many special FD schemes are promotional, which may be launched for a limited time or up to a certain aggregate deposit size.
• Auto-Renewal: Deposit may be set to auto-renew (i.e., roll over into a fresh FD at maturity) or provide instructions to close and credit to savings/current account.
• Restricted Early Withdrawal: Some special schemes (e.g, BoB Advantage non-callable FDs) explicitly disallow early break or permit it only under strict conditions.
• Lock-in Periods: Although not all special schemes are strictly lock-in, many offer penalised or no premature withdrawal for portions of the tenure, particularly in odd or promotional tenures.
• Overdraft Against FD: Many FDs (including special ones) permit a loan or overdraft facility against FD. The special/ liquid FDs may offer more liberal limits.
• Minimum and Maximum Deposit Amounts: 399-day Tiranga Plus FD starts at ₹1,000 (₹15.01 lakh for non-callable), 444-day Square Drive covers deposits up to ₹3 crore, Earth Green FDs from ₹5,000 up to below ₹2 crore for special tenors, and the 555-day FD generally follows standard rules with a ₹1,000 minimum.
• Differential Rate for Senior Citizens: In many schemes (including Bob Square Drive), senior citizens receive a higher interest rate (e.g., 7.20 % vs 6.60 %).

Eligibility Criteria for Bank of Baroda Special FD Schemes

These schemes are open to various categories of applicants, such as:

• Individual residents (including senior citizens)
• HUFs (Hindu Undivided Families)
• Proprietorship firms
• Partnership firms
• Companies, LLPs
• Trusts, Societies, Associations
• Government / semi-government bodies

Documents Required for Bank of Baroda Special FD Schemes

To open a Bank of Baroda Special FD, new customers need to provide the following:

• Identity Proof: Valid government-issued ID such as Aadhaar, PAN, Passport, Voter ID, or Driving Licence.
• Address Proof: Recent utility bill, Aadhaar, Passport, or bank statement showing the current address.
• Photograph: Passport-size photo, especially if applying at a branch.
• PAN Card: Required for taxation and TDS purposes.
• KYC Compliance: Digital FDs may allow e-KYC or video KYC, while offline applications require physical documents.
• Bank Account Details: Linked BoB savings or current account for crediting interest and maturity proceeds.
• For Non-Individual Entities: Documents such as company registration or incorporation certificates, board resolutions, and authorised signatory details may be needed.

Bank of Baroda Special FD Schemes: Tax Implications

Interest earned on Bank of Baroda special FD schemes is taxable under “Income from Other Sources.” From 2025 onward, TDS (Tax Deducted at Source) rules apply based on prevailing tax laws. For non-senior citizens, interest above ₹50,000 per year may attract 10% TDS if a PAN is provided, and 20% if a PAN is not submitted.

Senior citizens benefit from a higher threshold, often up to ₹1,00,000 interest income, exempt from TDS. If total interest exceeds the limit, the bank deducts TDS, and higher rates may apply if PAN is not submitted.

Form 15G or Form 15H can be submitted to avoid TDS, provided the total income is below the taxable limits. Even with TDS deduction, the full interest must be declared in the income tax return, and any excess TDS can be refunded. Some special FDs may have slightly different thresholds, so checking scheme-specific rules is recommended.

Wrapping Up

The Bank of Baroda Special FD Schemes in 2025 provide investors with unique tenure options such as the 333-day FD, Bank of Baroda FD rates for 444 days, and the 555-day FD, along with long-term Earth Green deposits. These schemes stand out for their competitive rates ranging from 5.95% to 7.20% p.a., higher yields for senior and super senior citizens, and flexible savings horizons. The 444 days FD in Bank of Baroda offers short-term returns, while Earth Green FDs maximise compounding benefits, ensuring safe, reliable, and rewarding investment opportunities.