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Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

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Bank of Baroda launches 555-day FD scheme with interest up to 7.40%
By BL Mumbai Bureau · 2026-06-12 · via Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
Bank of Baroda has introduced a special 555-day retail fixed deposit scheme, offering interest rates of up to 7.40 per cent for super senior citizens.

Bank of Baroda has introduced a special 555-day retail fixed deposit scheme, offering interest rates of up to 7.40 per cent for super senior citizens. | Photo Credit: AMAN RAJ

Bank of Baroda (BoB) has launched a special 555-day retail deposit (below ₹3 crore) scheme, offering an interest rate of 6.75 per cent per annum to the general public on a callable deposit and 6.80 per cent on a non-callable deposit.

Senior citizens and Super senior citizens (aged 80 years & above) will earn an interest rate of 7.25 per cent and 7.35 per cent, respectively, on callable deposits under the ‘bob Golden Goal Deposit Scheme’.

Senior citizens and Super senior citizens (aged 80 years & above) will earn an interest rate of 7.30 per cent and 7.40 per cent, respectively, on non-callable deposits.

The public sector bank, in a statement, said customers can open a new Fixed Deposit under the new scheme through the Bank’s mobile banking app, net banking or by visiting any Bank of Baroda branch across India.

Further, new bank customers can open a Fixed Deposit online through the Bank’s website, without the need to open a savings account.

Published on June 12, 2026