Bank of Baroda FD rates rise to 7.45%: How much will ₹5 lakh, ₹10 lakh earn in 555 days?

Bank of Baroda has raised the interest rate on its 555-day special fixed deposit (FD) scheme by 10 basis points (bps), providing higher returns to depositors. The revised rates, effective November 11, 2026, apply to the bank's bob Golden Goal Deposit Scheme, which now offers its highest advertised FD interest rate of 7.45% annually.

Following the revision, general citizens can earn 6.85%, senior citizens 7.35%, and super senior citizens 7.45% on the 555-day deposit.

Earlier, the bank offered 6.75% to general depositors and 7.25% to senior citizens on the same tenure.

The revision comes as several lenders, including Indian Overseas Bank, HDFC Bank, ICICI Bank and Kotak Mahindra Bank, have adjusted their fixed deposit interest rates during November.

How much will ₹1 lakh, ₹5 lakh and ₹10 lakh earn in 555 days?

The maturity amount depends on the deposit size, applicable interest rate and compounding frequency.

Assuming quarterly compounding, the estimated maturity values under Bank of Baroda's revised 555-day scheme are:

Indicative calculations based on quarterly compounding over 555 days, using a 365-day year. Actual bank maturity values may differ slightly due to calculation conventions. Figures are before tax.

For a ₹10 lakh investment, a general depositor could earn approximately ₹1.09 lakh in interest, while a senior citizen could earn ₹1.17 lakh. Super senior citizens could receive approximately ₹1.19 lakh.

MUST READ: Diwali investment: FD rates rise to 8.60% - which banks offer the highest returns to seniors in November 2026?

ALSO READ: Flat 15% tax on FD interest? SBI proposes major relief for bank depositors ahead of Budget 2027

How much additional interest will depositors earn?

The 10-bps increase translates into modest but measurable additional earnings.

Estimated increase in maturity interest compared with the previous rates of 6.75% and 7.25%, respectively. The previous super senior citizen rate has not been provided.

DO READ: Indian Bank hikes special FD rates to 6.80%: How it compares with PSUs, private banks, small finance banks

How do other Bank of Baroda FD rates compare?

The 555-day scheme offers a higher interest rate than several regular deposit tenures.

Latest Bank of Baroda FD interest rates

Should investors choose the 555-day FD?

The revised scheme may appeal to conservative investors seeking predictable returns over approximately 18 months.

However, depositors should consider liquidity requirements, premature withdrawal penalties and taxation before investing.

Interest earned on bank FDs is taxable according to the investor's applicable income-tax slab, reducing post-tax returns.

Investors should also remember that the higher rate applies to the specified tenure. Reinvestment after maturity will depend on prevailing interest rates.

For depositors who can comfortably lock away funds for 555 days, the special scheme offers a higher advertised rate than several of Bank of Baroda's regular FD options.

ALSO READ: FD investment strategy: Should you choose a 1-year, 3-year or 5-year deposit?