Bank of Baroda Starts New Square Drive FD with 7.75% Interest, Stops Utsav Deposit.:

Bank of Baroda Starts New Square Drive FD with 7.75% Interest, Stops Utsav Deposit. Bank of Baroda, a government bank, has made some changes to its fixed deposit (FD) options. On April 7, 2025, it started a new FD called the ‘bob Square Drive Deposit Scheme.’ This scheme is for deposits below Rs 3 crore. At the same time, the bank has stopped its special Utsav Deposit Scheme. By ending the Utsav scheme and starting the bob Square Drive Deposit Scheme, Bank of Baroda has updated its FD options to match the current market situation. BOB Square Drive Deposit Scheme (444 Days):

• Bank of Baroda is offering this FD for 444 days.
• General citizens will get 7.15% interest per year
• Senior citizens will get 7.65%
• Super senior citizens will get 7.75%

These rates are for callable deposits (which can be withdrawn before maturity). Latest Bank of Baroda FD Interest Rates: After the recent update, Bank of Baroda is offering:

• For general citizens: 4.25% to 7.15% interest for FDs from 7 days to 10 years (for amounts below Rs 3 crore, callable deposits)
• For senior citizens: 4.75% to 7.65% interest for the same period and amount

Tenure	Residents  General Public (%)	Resident Indian  Senior Citizen	Resident Super Senior Citizen
7 days to 14 days	4.25	4.75*	4.75*
15 days to 45 days	4.5	5.00*	5.00*
46 days to 90 days	5.5	6.00*	6.00*
91 days to 180 days	5.6	6.10*	6.10*
181 days to 210 days	5.75	6.25*	6.25*
211 days to 270 days	6.25	6.75*	6.75*
271 days & above and less than 1 year	6.5	7.00*	7.00*
1 year	6.85	7.35*	7.35*
Above 1 year to 400 days	7	7.50*	$7.60
Above 400 days and up to 2 years (except 444 days)	7	7.50*	$7.60
Above 2 years and up to 3 years	7.15	7.65*	$7.75
Above 3 years and up to 5 years	6.8	7.40#	$7.50
Above 5 years and up to 10 years	6.5	7.50**	7.50**
Above 10 years (MACAD)	6.25	6.75*	6.75*

BOB's Tax Savings Fixed Deposit (5 Years):

• General public and NRO account holders get 6.80% interest
• Senior citizens (60+ years) get 7.40%
• Super senior citizens (80+ years) get 7.50%

This is for a fixed 5-year deposit. Long-Term Tax-Saving FDs (Above 5 Years to 10 Years):

• The general public gets 6.50% interest
• Senior and super senior citizens get a higher rate of 7.50%

This gives better returns to older customers for long-term savings.

Tenors	Residents/General Public/NRO ROI	*Resident Indian Senior Citizen ROI**	*Residents Super Senior Citizen ROI**
For 5 years	6.8	7.40#	$7.50
Above 5 years to up to 10 years	6.5	7.50**	7.50**

For Recurring Term Deposits (RTD) of more than 3 years and up to 5 years, resident senior citizens get an extra 0.60% interest (0.50% + 0.10%). (Earlier, the extra was 0.65%.) For RTDs of more than 5 years and up to 10 years, senior citizens get a total extra interest of 1.00% (0.50% + 0.50%) For deposits above 1 year and up to 5 years, senior citizens get an additional 0.10% interest