Bank Of Baroda FD Scheme : Fixed Deposits (FDs) have always been a popular investment choice among Indians because they offer safety, assured returns, and flexibility in tenure. Among the many FD options available in the market, special fixed deposit schemes introduced by banks have gained huge attention in recent times. One such scheme is the Bank of Baroda (BOB) 444 Days Fixed Deposit Scheme, which offers attractive interest rates and a unique tenure for investors.
In this article, we will cover everything you need to know about the Bank of Baroda 444 Days FD Scheme, including its features, eligibility, interest rates, benefits, and how to invest in it.
What is the Bank of Baroda 444 Days FD Scheme?
The Bank of Baroda 444 Days FD Scheme is a special fixed deposit scheme introduced by the bank for a limited period. Unlike regular FD schemes where investors can choose flexible tenures ranging from 7 days to 10 years, this scheme has a specific tenure of 444 days (about 14 months and 19 days).
This scheme is designed to provide higher interest rates compared to normal FDs, making it an attractive short-term investment option. It is available for both domestic and NRO investors, covering individuals, senior citizens, and HUFs.
Key Features of the Scheme
Here are the important features of the Bank of Baroda 444 Days FD Scheme:
- Tenure – Exactly 444 days (no flexibility).
- Eligibility – Available for resident individuals, Hindu Undivided Families (HUFs), and NRO accounts.
- Minimum Deposit – ₹1,000 (varies based on branch policy).
- Maximum Deposit – No upper limit (subject to RBI guidelines).
- Premature Withdrawal – Allowed, but with penalty on applicable interest.
- Loan Against FD – Investors can avail loans or overdrafts against their FD.
- Nomination Facility – Available for all depositors.
- Senior Citizen Benefit – Additional 0.50% interest rate offered to senior citizens.
-
Mode of Investment – Both online and offline applications are allowed.
Interest Rates on Bank of Baroda 444 Days FD Scheme (As of 2025)
The most attractive part of this scheme is its competitive interest rate. Bank of Baroda is offering a higher return compared to regular FDs for the same tenure.
- General Citizens: Around 7.10% p.a. (approximate, varies by updates).
-
Senior Citizens: Around 7.60% p.a. (includes additional benefit).
This means that if you invest ₹1,00,000 in the scheme, your maturity value after 444 days will be much higher compared to normal FDs.
Benefits of Bank of Baroda 444 Days FD Scheme
-
Higher Returns than Regular FDs
The scheme offers special rates, which are usually higher than normal fixed deposits for similar tenures. -
Safety and Security
Being a nationalized bank, Bank of Baroda provides the safety of your capital. Deposits up to ₹5 lakh are also insured under DICGC insurance. -
Short-Term Investment Option
With just 444 days tenure, it is an ideal short-term investment for those who do not want to lock their funds for years. -
Loan and Overdraft Facility
Investors can take loans up to 90% of their FD amount without breaking the FD.
-
Suitable for Senior Citizens
With an extra interest rate of 0.50%, senior citizens can enjoy attractive returns. -
Online Convenience
The scheme can be booked instantly using the Bank of Baroda mobile app, net banking, or by visiting a branch.
Example of Returns from the Scheme
Let’s understand with a simple example:
- Investment Amount: ₹1,00,000
- Tenure: 444 days
-
Interest Rate: 7.10% (General Investor)
Maturity Value after 444 days = Approx ₹1,08,660
For Senior Citizens at 7.60%, the maturity value will be around ₹1,09,300.
This shows that investors can earn significantly higher returns in just about 1 year and 2 months.
Conclusion
The Bank of Baroda 444 Days FD Scheme is an excellent option for investors who wish to park their money safely while earning higher returns in the short term. With a special tenure, attractive interest rates, and the trust of one of India’s leading public sector banks, this scheme has become very popular among depositors.
If you are planning to invest your savings for a little over a year, this FD scheme can be a great choice. However, keep in mind the taxation rules and premature withdrawal penalties before investing.
In summary, the Bank of Baroda 444 Days FD Scheme offers a perfect balance of safety, higher returns, and short-term flexibility, making it a strong investment option in 2025.