No image found

Interest Rate

FOREIGN CURRENCY NON-RESIDENT DEPOSIT - FCNR(B)- w.e.f. (01st  July 2017). The rates shall be effective up to 31st July, 2017.

Maturity Period Rate of Interest
USD GBP EUR YEN CAD AUD
1 Year to less than 2 years 2.18
(2.11)
0.71
(0.60)
0.00
(0.00)
0.25
(0.25)
1.78
(1.65)
2.32
(2.22)
2 years to less than 3 years 2.34 
(2.25)
1.19
(1.02)
0.07
(0.04)
0.26
(0.26)
1.90
(1.58)
2.46
(2.27)
3 years to less than 4 years 2.71
(2.65)
1.29
(1.08)
0.19
(0.13)
0.27
(0.26)
2.03
(1.68)
2.62
(2.36)
4 Years to less than 5 years 2.81
(2.77)
1.39
(1.16)
0.33
(0.24)
0.29
(0.28)
2.13
(1.77)
2.88
(2.61)
5 years 2.91 
(2.84)
1.48
(1.24)
0.47
(0.36)
0.31
(0.30)
2.22
(1.85)
3.01
(2.72)

* Figures in bracket () indicate rate of interest before revision.
The above revised rates will apply for fresh deposits and on renewal of maturing FCNR (B) deposits till further communication. Please note that no additional interest is permitted to Senior Citizen and Staff. All Branches are requested to take a careful note of the above.


NRE Term (Rupee) Deposits [Fresh & Renewal] (w.e.f. 04.05.17)

Maturity Range Below 1.00 crore
1 year 6.90%
Above 1 Years and upto 2 Years 6.90%
Above 2 Years and upto 3 Years 6.75%
Above 3 Years and upto 5 Years 6.75%
Above 5 Years and upto 10 Years 6.50%

 

NRE TERM (RUPEE) DEPOSITS (w.e.f 04.05.2017)

Maturity Range 1 crore to 10 crores
1 Year 4.25 %
> 1 yr. upto 2 yrs. 4.50 %
> 2 yrs. upto 3 yrs. 4.50 %
>3 years upto 10 years 4.50 %

 

For NRE Term Deposits [Per Annum] [Fresh & Renewal]

Tenors Rs. 1 Cr.
to upto
Rs. 10 Cr.
Above
Rs. 10 Cr.
to upto
Rs. 25 Cr.
Above
Rs. 25 Cr.
to upto
Rs. 50 Cr.
Above
Rs. 50 Cr.
to upto
Rs. 100 Cr.
Above
Rs. 100 Cr.
wef 04.05.17 wef 04.07.17 wef 04.05.17 wef 04.07.17 wef 04.05.17 wef 04.07.17 wef 01.07.17 wef 04.07.17 wef 01.07.17 wef 04.07.17
1 year 4.25 5.00 4.25 5.00 4.25 5.00 4.25 5.00 4.25 5.00
> 1 yr. upto 2 yrs. 4.50 5.25 4.50 5.25 4.50 5.25 ** ** ** **
> 2 yrs. upto 3 yrs. 4.50 5.25 4.50 5.25 4.50 5.25 ** ** ** **
> 3 yrs. upto 10 yrs. 4.50 5.25 ** ** ** ** ** ** ** **

 

NRE Savings Deposits (Effective from 03.05.2011) Interest Rate (% p.a.)
Savings Account 4.00%

 

Interest Rate on Term Deposits & NRO Deposits (w.e.f. 04.05.17)

TENORS Below 1 crore
7 days to 14 days 4.50%
15 days to 45 days 4.50%
46 days to 90 days 5.75%
91 days to 180 days 6.25%
181 days to 270 days 6.50%
271 days & above and less than 1 year 6.50%
1 year 6.90%
Above 1 year and upto 2 Years 6.90%
Above 2 Years and upto 3 Years 6.75%
Above 3 Years and upto 5 Years 6.75%
Above 5 Years and upto 10 Years 6.50%

 

Interest Rate on Term Deposits & NRO Deposits (w.e.f. 04.05.2017)

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 4.00
91 days to 180 days 4.00
181 days to 270 days 4.00
271 days & above and less than 1 year 4.25
1 year 4.25
Above 1 year and upto 2 Years 4.50
Above 2 Years and upto 3 Years 4.50
Above 3 Years and upto 5 Years 4.50
Above 5 Years and upto 10 Years 4.50

 

Interest Rates for Domestic Term Deposits & NRO Deposits of more than Rs 10 Crore & Up to Rs 50 Crore (Fresh & Renewal)

Maturity Range Amount of Deposit Per receipt
(w.e.f. 04.05.2017) (w.e.f. 04.05.2017)
Above Rs 10 cr. to Rs 25 cr. Above Rs 25 cr. to Rs 50 cr.
7 days to 14 days 4.00 4.00
15 to 45 Days 4.50% 4.50%
15 days to 45 days 4.00 4.00
46 days to 90 days 4.00 4.00
91 days to 180 days 4.00 4.00
181 days to 270 days 4.00 4.00
271 days & above and less than 1 year 4.25 4.25
1 year 4.25 4.25
Above 1 year and upto 2 Years 4.50 4.50
Above 3 Years and upto 5 Years 4.50 4.50
Above 3 Years and upto 5 Years ** **

 

For Domestic Term Deposits & NRO Deposits [Per Annum] [Fresh & Renewal]

Tenors Rs. 1 Cr.
to upto
Rs. 10 Cr.
Above
Rs. 10 Cr.
to upto
Rs. 25 Cr.
Above
Rs. 25 Cr.
to upto
Rs. 50 Cr
Above
Rs. 50 Cr.
to upto
Rs. 100 Cr.
Above
Rs. 100 Cr.
(w.e.f. 04.05.2017) (w.e.f. 04.07.2017) (w.e.f. 04.05.2017) (w.e.f. 04.07.2017) (w.e.f. 04.05.2017) (w.e.f. 04.07.2017) (w.e.f. 01.07.17) (w.e.f. 04.07.17) (w.e.f. 01.07.17) (w.e.f. 04.07.17)
7 days to 14 days 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
15 days to 45 days 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
46 days to 90 days 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
91 days to 180 days 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
181 days to 270 days 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
271 days & above and less than 1 year 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.00 4.00
1 year 4.25 5.00 4.25 5.00 4.25 5.00 4.25 5.00 4.25 5.00
Above 1 year and upto 2 Years 4.50 5.25 4.50 5.25 4.50 5.25 4.50 5.25 4.25 5.25
Above 2 Years and upto 3 Years 4.50 5.25 4.50 5.25 4.50 5.25 4.50 5.25 4.25 5.25
Above 3 Years and upto 5 Years 4.50 5.25 4.50 5.25 4.50 5.25 4.50 5.25 4.25 5.25
Above 5 Years and upto 10 Years 4.50 5.25 *** *** *** *** *** *** *** ***
Above 10 Years and upto 20 Years 4.50 5.25 *** *** *** *** *** *** *** ***

 

Baroda Tax Savings Term Deposit (w.e.f. 04.05.17)

Maturity Range Deposit [Per Annum] less than 1 Cr.
Tax Savings Scheme: For 5 years 6.75%
Above 5 years to up to 10 years* 6.50%

*Premature withdrawal not allowed before completion of 5 years except in case of death of the customer

For Baroda Advantage Fixed Deposit (Domestic) Accounts (Non-Callable) [Per Annum] [Fresh & Renewal]

Maturity Range Rs.1 cr. to Rs. 10 cr.
w.e.f. 04-05-2017 w.e.f. 04.07.2017
1 year 4.30% 5.05%
>1yr up to 2 years 4.55% 5.30%
>2yrs up to 3 years 4.55% 5.30%
>3yrs up to 5 years 4.55% 5.30%
>5yrs up to 10 years 4.55% 5.30%
Savings Deposits Interest Rate (% p.a.)
Savings Account 4.00%

 

Note

  • Senior Citizens and staff are not eligible for additional rate of interest on any type of non-resident deposits.
  • The revised rates are applicable for fresh deposits and renewal of old deposits.
  • For Deposit of above Rs. 10 Crore customers are requested to contact our nearby branch.
  • As per RBI Directives with effect from 17th July 2003, the NRE Deposits are to be accepted for a minimum period of 1 year
  • NRE (Rupee) Fixed Deposits: No interest will be payable for deposits that have remained with the bank for less than twelve months.
  • FCNR Deposits: No Interest is paid if premature payment before one year.
  • NRO FD/SB: 30.90% Withholding tax plus applicable surcharge/cess is applicable in NRO FD/SB accounts where DTAA is not applicable or the NRI depositor is not in a position to provide required documents/formalities for availing rebate in withholding tax. Surcharge is applicable @2.5% of TDS/Tax amount to Foreign Company if the Company has net income exceeding Rs.1/-crore.
  • Rates quoted are subject to change without notice.
Top