Bank Of Baroda FD Scheme : Bank of Baroda has launched a special 333-Day Fixed Deposit (FD) Scheme for customers. After recent changes in interest rates following the repo rate revision by the Reserve Bank of India, the bank has updated its FD interest offerings. This scheme is currently attracting investors due to its comparatively higher returns for a short tenure.
Bank of Baroda FD Scheme – 333 Days
Whenever people plan to invest, many prefer Fixed Deposits (FDs) because they are considered safe and provide assured returns. Bank FDs remain one of the most trusted investment options, especially for risk-averse investors.
Bank of Baroda offers multiple special FD schemes from time to time. The newly introduced 333-day FD scheme is one such offering designed to give attractive returns within less than a year.
Being a government-owned bank, investments in Bank of Baroda FDs are widely regarded as secure, and investors receive fixed, guaranteed returns at maturity.
Key Features of Bank of Baroda 333-Day FD Scheme
- Attractive short-term investment tenure of 333 days
- Higher interest compared to many regular short-term FDs
- Safe and fixed returns
- Available for both general citizens and senior citizens
Interest Rates
- General Citizens: 7.15% per annum
- Senior Citizens: 7.65% per annum
Returns on ₹5,00,000 Investment (333 Days)
If you invest ₹5,00,000 in this FD scheme for 333 days, the maturity amount would be approximately:
- General Customers: ₹5,36,250
- Senior Citizens: ₹5,38,750
(Returns are indicative and may vary slightly based on compounding and bank terms.)
How to Invest in Bank of Baroda 333-Day FD Scheme
You can invest in this FD scheme through both online and offline methods:
1. Offline Method (Visit Branch)
- Visit your nearest Bank of Baroda branch.
- Ask for the Fixed Deposit Application Form.
- Fill in details like:
- Name
- Account number
- Investment amount
- Tenure (333 days)
- Submit KYC documents (Aadhaar, PAN, etc.).
- Deposit the amount via:
- Cash
- Cheque
- Account transfer
- You will receive the FD receipt after processing.
2. Online Method (Net Banking / Mobile Banking)
- Log in to Bank of Baroda Net Banking or Mobile App.
- Go to Deposits / Fixed Deposit Section.
- Select Open New FD.
- Choose tenure: 333 days.
- Enter investment amount.
- Select payout option (cumulative/non-cumulative).
- Confirm and submit.
Your FD will be created instantly, and the receipt will be available digitally.
Documents Required
- Aadhaar Card
- PAN Card
- Bank Account (with BOB)
- Mobile number linked to account
Who Should Invest?
This scheme is suitable for:
- Investors seeking short-term fixed returns
- Senior citizens wanting higher interest
- Low-risk investors
- People parking surplus funds safely