Bank of Baroda hikes interest rates on Term Deposits and Savings Deposits

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June 15, 2022: Bank of Baroda has hiked fixed deposit interest rates on Domestic Term Deposits
including NRO and NRE Term Deposits of below Rs 2 crore by up to 40 basis points. These rates are
applicable with effect from June 15, 2022.
Interest rates have also been hiked on Saving Deposits of Rs. 100 crore and above to less than Rs. 200
crore and Rs 500 crore and above.
Bank of Baroda’s Revised Fixed Deposit Interest Rates
1 Domestic & NRO Term Deposits Below Rs 2.00 Crore [Fresh & Renewal] [Callable]

Tenors

Old Rates

Revised Rates
(w.e.f. 15.06.2022)
Above 1 Year to up to 400 days 5.20 5.45
Above 400 days to up to 2 Years 5.20 5.45
Above 2 Years to up to 3 Years 5.20 5.50
2 Domestic Term Deposits Below Rs 2.00 Crore – Resident Senior Citizens [Fresh & Renewal] [Callable]

Tenors
Old Rates

Revised Rates
(w.e.f. 15.06.2022)
Above 1 Year to up to 400 days 5.70 5.95
Above 400 days to up to 2 Years 5.70 5.95
Above 2 Years to up to 3 Years 5.70 6.00
3 NRE Term (Rupee) Deposits – Below Rs 2.00 Crore [Fresh & Renewal] [Callable]
Tenors Old Rates Revised Rates
(w.e.f. 15.06.2022)
Above 1 Year to 400 days 5.20 5.45
Above 400 days to up to 2 Years 5.20 5.45
Above 2 Years to up to 3 Years 5.20 5.50
4 Baroda Advantage Fixed Deposit (Domestic / NRO / NRE) Accounts (Non-Callable) (Fresh & Renewal)

for Minimum Rs 15.01 Lakh to below Rs 2.00 Crore
Tenors

Old Rates

Revised Rates
(w.e.f. 15.06.2022)
1 Year 5.05 5.15
Above 1 Year to 400 days 5.25 5.60
Above 400 days to up to 2 Years 5.25 5.60
Above 2 Years to up to 3 Years 5.25 5.65
Above 3 Years to up to 5 Years 5.45 5.50
Above 5 Years to up to 10 Years 5.45 5.50
5 Baroda Advantage Fixed Deposit (Domestic) Accounts for Minimum Rs 15.01 Lakh to below Rs 2.00

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Crore for Resident Senior Citizens [Fresh & Renewal] [Non-Callable]
Tenors Old Rates Revised Rates
(w.e.f. 15.06.2022)

1 Year 5.55 5.65
Above 1 Year to up to 400 days 5.75 6.10
Above 400 days to up to 2 Years 5.75 6.10
Above 2 Years to up to 3 Years 5.75 6.15
Above 3 Years to up to 5 Years 6.10 6.15
Above 5 Years to up to 10 Years 6.45 6.50

Bank of Baroda’s Revised Interest Rates on Savings Deposits
SB Interest Rate Slab on O/S Balance Old Rates Revised Rates
(w.e.f. 15.06.2022)

Rs.100 crore and above to less than Rs.200

crore 2.85% 2.90%

Rs 500 crore and above to less than Rs 1,000

crore 3.25% 3.35%
Rs 1,000 crore and above 3.30% 3.35%