Bank of Baroda Special FD Schemes

What are Bank of Baroda Special FD Schemes 2026?

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:

• 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).
• BoB Golden Goal deposit Scheme (555 Days): A mid-term option offers different payouts depending on whether you choose a Callable or Non-Callable FD for a fixed period of 555-day tenure.
• 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 amounting to less than ₹3 crore are:  

Bank of Baroda FD Rates for 444 Days

BoB 444 days FD rates w.e.f June 12, 2026  

BoB Golden Goal deposit Scheme (555 Days)

BoB Golden Goal deposit Scheme rates w.e.f June 12, 2026

BoB Earth Green Term Deposit Interest Rates below ₹ 3 Crore

For 777 Days Tenure

BoB Earth Green Term Deposits 777-day interest rates w.e.f June 16, 2026

For 1111 Days Tenure

BoB Earth Green Term Deposits 1111-day interest rates w.e.f June 16, 2026  

For 1717 Days Tenure

BoB Earth Green Term Deposits 1717-day interest rates w.e.f June 16, 2026

For 2201 Days Tenure

BoB Earth Green Term Deposits 2201-day interest rates w.e.f June 16, 2026  

Illustrations for Different BoB Schemes

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

BoB Golden Goal deposit scheme

With a tenure of about 1.5 years, the 555-Day FD offers steady returns for general depositors.

If a general citizen invests ₹80,000 at 6.75%:

Simple Interest: (80,000 × 6.75 × 1.52) / 100 ≈ ₹8,208

Maturity (SI): ₹88,208

Compound Interest (Quarterly): ≈ ₹8,542

Maturity (CI): ₹88,542.

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 6.20%:

Simple Interest: ≈ ₹19,809

Maturity (SI): ₹1,69,809

Compound Interest (Quarterly): ≈ ₹20,859

Maturity (CI): ₹1,70,859

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: The 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., 7.05% vs 6.45%).

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 account 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 the financial year 2025-26 onwards, 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 2026 provide investors with unique tenure options, such as the new BoB Golden Goal deposit Scheme (555 Days), Bank of Baroda FD 444 days, along with long-term Earth Green deposits. These schemes stand out for their competitive rates ranging up to 6.75% for general and 7.25% p.a. for senior depositors. The higher yields for senior and super senior citizens, and flexible savings horizons. The 444-day FD in Bank of Baroda offers short-term returns, while Earth Green FDs maximise compounding benefits, ensuring safe, reliable, and rewarding investment opportunities.