Bank of Baroda has introduced a new fixed deposit (FD) scheme that aims to offer safer savings along with attractive returns.
The scheme, called the ‘bob Golden Goal Deposit Scheme’, was launched on June 12, 2026.
This special FD comes with a fixed tenure of 555 days and is designed for investments below ₹3 crore.
It is open to all types of investors, including senior citizens and super senior citizens, with higher interest benefits for older age groups.
Attractive interest rates for all investors
Under this FD scheme, the interest rate depends on the category of investor.
For general customers, the bank is offering an annual interest rate of 6.75%.
Senior citizens aged above 60 years will receive 7.25%, while super senior citizens above 80 years can earn 7.35% annually.
These rates already make the scheme more rewarding compared to many standard fixed deposits currently available in the market.
Extra benefit for non-callable FD option
The bank is also offering a higher return option for those who choose a non-callable FD, meaning the money cannot be withdrawn before maturity.
In this option, customers get an additional 0.05% interest on top of the regular rates.
This takes the returns even higher:
General public: 6.80%
Senior citizens: 7.30%
Super senior citizens: 7.40%
This makes it the most rewarding option under the scheme, especially for those who can lock in their funds for the full 555 days.
Easy way to invest in the scheme
Bank of Baroda has made the process simple and accessible for both existing and new customers.
Existing account holders can open this FD through the bob World mobile app, internet banking, or by visiting any Bank of Baroda branch.
New customers can also invest directly by visiting the bank’s official website, without needing to first open a savings account.
What the bank says about the scheme
According to Bank of Baroda Executive Director Bina Waheed, this new FD scheme is designed to help customers benefit from higher interest rates in the current financial environment.
She stated that the ‘bob Golden Goal Deposit Scheme’ is aimed at helping customers achieve their financial goals more easily while ensuring safe and stable returns.
