Fixed deposit calculators play a crucial role while planning your FD investment as they provide an estimate of the returns that you can get. This allows you to plan your investment strategy accordingly to get the best returns. One of the calculators you can use is the Bank of Baroda FD calculator.
Along with the estimated returns, this tool also assists you in determining the ideal investment horizon based on your investment goals. The best part is that this easy-to-use tool is available online for free, like other FD calculators.
Read on to know the benefits of the Bank of Baroda Fixed Deposit calculator, BOB FD interest rates, and more.
Here are the latest Bank of Baroda FD interest rates for deposits under ₹2 Crores:
Tenors |
Regular Citizens (p.a.) |
Senior Citizens (p.a.) |
7 days to 10 Years |
3.00% - 7.05% |
3.50% - 7.55% |
Above 10 years (MACT/MACAD Court Order schemes only) |
6.25% |
6.75% |
399 Days (Baroda Tiranga Plus Deposit Scheme) |
7.25% |
7.75% |
Disclaimer: The above interest rates are current as of October 2023 and are subject to change at the discretion of the bank.
Now that you know the FD interest rates, you can use the BOB FD calculator and compare the returns for different investment terms.
Using the Bank of Baroda fixed deposit calculator helps you enjoy numerous benefits. Here are some of them.
You can easily calculate the estimated FD returns with the help of the Bank of Baroda FD calculator. This tool computes returns for various investment tenors and schemes with just a click.
Through an FD calculator, you can identify the ideal investment tenor for your investment. This allows you to adjust the investment terms to understand which tenor provides maximum returns to help meet your goals.
This tool facilitates investment planning by estimating the returns that you can get. This way, you can choose the most advantageous option and fulfil your goals, whether it is purchasing a vehicle or building a corpus for retirement.
Manually calculating the expected returns for an FD is a complex task, and you might make some errors. The Bank of Baroda fixed deposit calculator provides accurate results based on your inputs.
This powerful tool saves time and effort by providing results in seconds. Also, it is a flexible and easy-to-use tool. Simply input basic details to get the estimated returns within seconds. Since this tool is available online, you can conveniently use it via your smartphone or laptop.
As you can see, the Bank of Baroda FD calculator offers a number of benefits. If you plan to invest in fixed deposits to earn sufficient returns, you can get various options on Bajaj Markets.
With a simple application process and minimal paperwork, you can choose a plan that best suits your goals in a few clicks.
Other Bank FD Calculator |
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Yes, you can get a loan from the Bank of Baroda against your FD. You can apply for up to 90-95% of the deposit amount as a loan.
Yes, you can choose the interest payout mode for your Bank of Baroda FD. Opt for annual, half-yearly, quarterly, or monthly interest payouts based on your investment goals.
The minimum investment amount for a Bank of Baroda FD is ₹1,000.
Any Indian resident above the age of 18 years can open an FD. Minors over the age of 10 years can also book an FD with the help of their parents/guardian. Apart from them, HUFs, educational institutions and business firms can open a BOB FD.