Bank of Baroda FD Calculator

FD Calculator Bank of Baroda in India Apr 2020

Tenure Rates Maturity Amount for Rs. 1 Lakh
7 days to 14 days 4.25% to 4.75% Rs. 100,082 - Rs.100,182
46 days to 90 days 5.00% to 5.50% Rs. 100,630 - Rs.101,356
91 days to 180 days 5.00% to 5.50% Rs. 101,247 - Rs.102,730
181 days to 270 days 5.50% to 6.00% Rs. 102,746 - Rs.104,504
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Bank of Baroda FD Maturity Calculator
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Bank of Baroda Fixed Deposit Calculator

Bank of Baroda, a leading Public Sector Bank in India offers attractive interest rates upto 6.15% on its fixed deposits.
FD maturity amount that you will get depends upon

  • Deposit amount
  • Rate of interest
  • FD tenure
  • Compounding frequency
  • TDS applicability and TDS rate
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Bank of Baroda Fixed Deposit Interest Calculator

  • In a periodic interest payout option, Bank of Baroda would transfer the interest earned at each interval (say, quarterly) to your bank account. The interest would remain the same across the life of the deposit. On maturity, unless the deposit is renewed, would transfer the principal amount to your bank account.
  • In case you opt for a Bank of Baroda cumulative deposit, on maturity you would get a credit for the principal and interest earned net of TDS.
  • Calculate the FD maturity amount using the FD calculator.
FD Interest Rates of All Banks

Tax on Fixed Deposit Bank of Baroda

  • In case the interest earned by you across all your fixed deposits across all branches of Bank of Baroda in a year exceeds 40,000, the bank must deduct TDS at 10%. In case your IT PAN is not updated in the Bank of Baroda records, it must deduct twice the TDS at 20%. So, do remember to update your PAN on your FD.
  • Sorry, but we aren’t done with tax yet. This was only the TDS. Now, you would need to add the interest income on all your Bank of Baroda FD’s and other FD’s to your taxable income for the year. Based upon your tax bracket, income tax is payable on this income. Remember that you must estimate the interest income and all your other incomes and, based on this, pay advance tax on advance tax payment dates (15th Sep, 15th Dec, 15th March and 31st March).

Bank of Baroda FD Interest Rate Calculator

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • To know more or apply, contact any of the branches of Bank of Baroda in your city
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Bank of Baroda Fixed Deposit during Coronavirus

RBI has announced a repo rate cut of 75 bps in response to coronavirus lockdown. In response to this rate cut, Bank of Baroda may reduce FD rates in the near future which could adversely impact the interests of fixed depositors.

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Frequently Asked Questions on FD Calculator Bank of Baroda

What is the highest interest earned on Bank of Baroda fixed deposit?

You can earn a maximum interest of 6.25% on Bank of Baroda fixed deposit.

How is Bank of Baroda FD interest calculated?

The formula to calculate interest on Bank of Baroda FD is
A = P(1+r/n)^nt
Here: A = Maturity amount
P = Invested amount
r = Interest rate as decimal
n = number of times interest is compunded
t = tenure of deposit
However, you can use online FD calculator to estimate the value of interest earned on the deposited amount.

Bank of Baroda News - Apr 2020
  • 2020-03-18 : New FD rate for Bank of Baroda Bank of Baroda revised its FD rates. The FD rate for 7 to 14 days is 4.25%, it is 4.50% for 15 to 45 days and it stands at 5% for 46 to 180 days. The Fixed deposit rate for 181 to less than one year is 5.50%, it is 5.90% for one year and for above one year to 400 days it is 6%. Further, for the above two years to three years is 5.90%, for above three years to 5 years is 6.15% and above five years to 10 years it is 5.90%. The revised rates have been in effect from 17 March 2020.
  • 2020-02-13 : Bank of Baroda revises its FD rates for this month For deposits below Rs. 2 Crore, Bank of Baroda has revised its interest rates. The rates are applicable with effect from Feb 10, 2020. As per the revised rates, the rate of interest for a tenure of 7 days to 14 days is 4.20, for 15-45 days, the rate is 4.50%; the rate for 46 days to 180 days stands at 5.00% and for 181 days to less than a year, the revised rate is 5.50%. The revised rates for a longer tenure, above 2 years to 3 years is 6.00%. For tenure above 3 years and up to 5 years, the interest rate is 6.25%, and for above 5 years to 10 years, the rate of interest is 6.00%.
  • 2020-02-11 : Bank of Baroda revised FD rates. Bank of Baroda revised its FD rates. Fixed deposit rates for 7 to 45 days is 4.50% and 46 days to less than one year is 5%. Fixed deposit rates for long tenors of one year to 3 years is 6%, for above 3 years to 5 years it is 6.25% and above 5 years to 10 years is 6%. The revised rates are in effect from 10 February 2020.
  • 2020-01-13 : Bank of Baroda revised Fixed deposit interest rate With effect from 10 January 2020. Bank of Baroda revised its Fixed deposit interest rate. FD rate for 7 to 45 days is 4.50%, for 46 to 90 days it is 4.75% and for 91 to 180 days it is 5.50%. Further, Fixed deposit rate for 181 days for one year is 5.90% and one year to ten years it is 6.25%.
  • 2019-11-04 : Bank of Baroda revised FD rates With effect from November 1, 2019, Bank of Baroda revised its interest charged on fixed deposits. The revised charges on a period of 7-45 days is 4.50%; for 46-90 days, the rate is 4.75%, the rate for 91-180 days is 5.50%, it is 5.95% for 181 days to less than a year, and for one year the rate is 6.40%. In addition to that, for more than one year to up to three years, the revised FD rate is 6.40%, and from 3 to 10 years the rate is 6.25%.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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