Bank Of Baroda (BOB) offers attractive recurring deposit (RD) interest rates to help you save money and earn a steady return.
With RDs, you can make regular deposits of a fixed amount over a predetermined period, and your interest will accumulate over time.
BOB offers a range of RD interest rates for different tenures and account types.
What is a Bank Of Baroda RD Account?
A Bank Of Baroda RD Account is a type of savings account that allows you to make regular deposits of a fixed amount over a predetermined period.
Your interest will accumulate over time, and you will receive the total amount of your deposits plus interest upon maturity.
RDs are a great way to save money for a specific goal, such as a down payment on a house or a child’s education.
What are the Bank Of Baroda RD interest rates?
BOB offers a range of RD interest rates for different tenures and account types. The current interest rates for regular RDs are as follows:
| Tenure of deposit | RD Interest Rate for Regular Customers (in % p.a.) | RD Interest Rate for Senior Citizens (in % p.a.) |
| 180 days | 4.50 | 5.00 |
| 181 days to 210 days | 5.25 | 5.75 |
| 211 days to 270 days | 5.75 | 6.25 |
| 271 days to 364 days | 5.75 | 6.25 |
| One year | 6.75 | 7.25 |
| Above 2 years to 400 days | 6.75 | 7.25 |
| 401 days to 2 years | 6.75 | 7.25 |
| Above 2 years to 3 years | 6.75 | 7.25 |
| Above 3 years to 5 years | 6.50 | 7.15 |
| Above 5 years to 10 years | 6.50 | 7.50 |
How to open a Bank Of Baroda RD Account
You can open a Bank Of Baroda RD Account online or at your nearest BOB branch. To open an account online, you will need to have a valid BOB account and a net banking password.
Bank Of Baroda RD Accounts are a great way to save money and earn a steady return.
With attractive interest rates, flexible tenures, and tax benefits, RDs are an ideal choice for investors of all ages.