Mumbai, November 12th, 2026: Bank of Baroda, one of India’s leading public sector banks, today announced a 10 basis points (bps) increase in the interest rates under the ‘bob Golden Goal Deposit Scheme’, a special 555-day tenor retail term deposit scheme, across all customer segments and for both callable and non-callable options. The bob Golden Goal Deposit Scheme now offers interest rates up to 7.50% p.a. The scheme is applicable on retail term deposits below Rs 3 crore and the new rates come into effect on November 12, 2026. The term deposit rates across all other tenors remain unchanged.
In a rising interest rate environment, Bank of Baroda has enhanced returns on its 555-day bob Golden Goal Deposit Scheme to offer greater value to depositors. This targeted revision is aligned with the Bank’s prudent asset-liability management strategy, enabling it to strengthen its deposit base while preserving overall margin stability.
Ms. Beena Vaheed, Executive Director, Bank of Baroda said, “Bank of Baroda remains focused on offering competitive returns to depositors while continuing to support the credit requirements of a growing economy. The increase in interest rates under the bob Golden Goal Deposit Scheme offers greater value to customers seeking stable, assured returns over the medium-term, while also strengthening the Bank’s deposit franchise.”
| bob Golden Goal Deposit Scheme – Revised Interest Rates w.e.f. November 12, 2026 (% p.a.) | ||||||
| Callable | Non-Callable | |||||
| Tenor | General/ NRO/ NRE | Resident Senior Citizen | Resident Super Senior Citizen
(80 years & above) |
General/ NRO/ NRE | Resident Senior Citizen | Resident Super Senior Citizen
(80 years & above) |
| 555 days | 6.85% p.a. | 7.35% p.a.
(6.85+0.50)
|
7.45% p.a.
(6.85+0.60) |
6.90% p.a.
(6.85+0.05) |
7.40% p.a.
(6.85+0.50+0.05) |
7.50% p.a.
(6.85+0.60+0.05) |
A new FD can be opened conveniently through the Bank’s Mobile Banking app (bob World), Net Banking (bob World Internet) or by visiting any Bank of Baroda branch across India. Further, New to Bank customers can open a Fixed Deposit online through the Bank of Baroda website, without the need to open a savings account.
