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Hii sir, I Wants to get the Information About the Fixed Rate / Interest Rates NRO Deposit of the bank of Baroda Also Provide me the Rules for the Deposit Interest Rates

[Vishal Kotkar]

Bank of Baroda is an Indian state-owned International banking and financial services company headquartered in Vadodara in Gujarat, India.It is the second largest bank in India, next to State Bank Of India.


the Fixed Rate / Interest Rates NRO Deposit of the bank of Baroda is given below


Interest Rate on Term Deposits & NRO Deposits (w.e.f. 19.11.16)
Tenors Below Rs 1 Cr.
7 days to 14 days 4.50%
15 days to 45 days 4.50%
46 days to 90 days 6.50%
91 days to 180 days 6.50%
181 days to 270 days 6.75%
271 days & above and less than 1 year 7.00%
1 year 7.00%
Above 1 year and upto 2 Years 7.00%
Above 2 Years and upto 3 Years 6.85%
Above 3 Years and upto 5 Years 6.50%
Above 5 Years and upto 10 Years 6.50%


Interest Rate on Term Deposits & NRO Deposits (w.e.f. 08.03.2017)
Tenors Rs 1 Cr to Rs 10 Cr.
7 days to 14 days 4.00
15 days to 45 days 4.00
46 days to 90 days 4.25
91 days to 180 days 4.75
181 days to 270 days 4.75
271 days & above and less than 1 year 4.75
1 year 5.00
Above 1 year and upto 2 Years 5.00
Above 2 Years and upto 3 Years 5.00
Above 3 Years and upto 5 Years 5.00
Above 5 Years and upto 10 Years 5.00

Rules regarding payment and calculation of interest on time deposits

interest will be paid as under.

Deposit placed for period less than 90 days /3 months, interest will be calculated for the actual number of days on the basis of 365/366 days in a year.

Deposit placed for more than 90 days /3 months to less than 180 days /6 months interest will be calculated first for completed quarters and thereafter for actual number of days if terminal quarter is incomplete reckoning the year at 365/366 days. ( Total interest= Interest of quarter+ interest for days i.e. simple interest)

Deposit placed for more than 181 days /six months but less than one year interest will be calculated first for completed quarters and for terminal incomplete quarter, actual number of days reckoning the year at 365/366 days. I

Interest will be calculated and compounded at quarterly rests. ( compounding will be done if deposit is for more than 2 quarters period.)