Bank of Baroda Raises Rate on 555-Day FD Scheme to 6.85%
The 10-basis-point increase applies from 12 November to new and renewed retail deposits below ₹3 crore.
Bank of Baroda has raised the interest rate on its 555-day “bob Golden Goal Deposit Scheme” by 10 basis points, India TV reported. The revised rates took effect on 12 November 2026 and apply to retail domestic term deposits below ₹3 crore, for new deposits and renewals only.
New rates on the 555-day scheme
- General customers: 6.85% (from 6.75%)
- Senior citizens: 7.35% (from 7.25%)
- Super senior citizens, above 80: 7.45% (from 7.35%)
Other tenures
For general customers, deposits from one year up to three years earn 6.25%, and those of more than three and up to five years earn 6.30%. Deposits of 7 to 45 days get 3.50%, and 46 to 180 days get 5.00%. The bank’s 444-day “bob Square Drive Deposit Scheme” is unchanged at 6.45% for general customers, 6.95% for seniors and 7.05% for super seniors.
Extra for older depositors
Customers aged 60 and above get an additional 0.50 percentage point on deposits of up to three years, 0.60 point on three to five years and 1 point on five to ten years. Those over 80 get a further 0.10 point over senior rates on one-to-five-year deposits, including the 444-day and 555-day schemes.
Featured image: Bank of Baroda Hootagalli by PareeKatti24, CC BY-SA 4.0, via Wikimedia Commons.
Sources
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