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Bank of BarodaFixed deposit

Bank of Baroda bob Tax Saving Fixed Deposit

Bank of Baroda’s tax-saving term deposit with RIRD, monthly-income and quarterly-income variants, ₹100 minimum, ₹1.5 lakh annual qualifying cap and a five-to-ten-year product range.

First-party evidencePublished researchReviewed September 10, 2026Active
Current five-year rate evidenceBank of Baroda states that the product uses the prevailing fixed-deposit rate and gives eligible resident senior citizens an additional rate under current guidelines. The exact current five-year numeric row remains refresh-gated in this review.
Qualifying amount / lock-inMinimum ₹100 and thereafter in ₹100 multiples; maximum ₹1.5 lakh in a financial year for the qualifying investment; minimum five years and maximum ten years.
Preclosure / loan restrictionNormal premature withdrawal before maturity is not allowed; Bank of Baroda documents a death-related prepayment exception. Loan/advance treatment should not be generalized from ordinary callable deposits.
Tax-law / maturity conditionOn maturity Bank of Baroda documents product-specific maturity/renewal handling; the live prevailing FD rate and maturity instruction control rather than an evergreen headline percentage.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

2 first-party sources
Last checkedSeptember 10, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: October 10, 2026.

Critical decision facts

Rate, tenure, liquidity and booking conditions belong together.

A headline deposit rate is incomplete without the dated schedule, tenure band, customer category and premature-withdrawal rules.

01 · Current five-year rate evidenceBank of Baroda states that the product uses the prevailing fixed-deposit rate and gives eligible resident senior citizens an additional rate under current guidelines. The exact current five-year numeric row remains refresh-gated in this review.
02 · Qualifying amount / lock-inMinimum ₹100 and thereafter in ₹100 multiples; maximum ₹1.5 lakh in a financial year for the qualifying investment; minimum five years and maximum ten years.
03 · Preclosure / loan restrictionNormal premature withdrawal before maturity is not allowed; Bank of Baroda documents a death-related prepayment exception. Loan/advance treatment should not be generalized from ordinary callable deposits.
04 · Tax-law / maturity conditionOn maturity Bank of Baroda documents product-specific maturity/renewal handling; the live prevailing FD rate and maturity instruction control rather than an evergreen headline percentage.
Exact product-type evidence

Fixed deposit evidence stays in its own structure.

Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.

Rate history

Dated deposit-rate snapshots.

Effective-date evidence is preserved instead of silently replacing an older rate when a bank reprices new deposits.

Observed September 12, 2026
Uses Bank of Baroda’s prevailing fixed-deposit rate; exact current five-year numeric anchor is refresh-gated.

bob Tax Saving FD first-party page; current numeric five-year rate not inferred from promotional/special-tenure listings.

Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Current five-year rate evidenceBank of Baroda states that the product uses the prevailing fixed-deposit rate and gives eligible resident senior citizens an additional rate under current guidelines. The exact current five-year numeric row remains refresh-gated in this review.
Qualifying amount / lock-inMinimum ₹100 and thereafter in ₹100 multiples; maximum ₹1.5 lakh in a financial year for the qualifying investment; minimum five years and maximum ten years.
Deduction context / payoutRIRD reinvestment, monthly-interest and quarterly-interest variants; qualifying principal can fall within the current aggregate statutory deduction framework. Interest remains taxable/TDS-applicable.
Preclosure / loan restrictionNormal premature withdrawal before maturity is not allowed; Bank of Baroda documents a death-related prepayment exception. Loan/advance treatment should not be generalized from ordinary callable deposits.
Taxpayer / regime eligibilityIndividuals and HUFs; firms, companies, trusts, societies, clubs, institutions and corporates are excluded by the current product page.
Tax-law / maturity conditionOn maturity Bank of Baroda documents product-specific maturity/renewal handling; the live prevailing FD rate and maturity instruction control rather than an evergreen headline percentage.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

Eligible Bank of Baroda customers who want a public-sector tax saver with multiple payout variants and can verify the live prevailing five-year rate before booking.

Verify before relying
  • The deduction is part of the aggregate ₹1.5 lakh Section 123 / Schedule XV framework and is not available under the new concessional tax regime under Section 202; individual tax circumstances can differ.
  • From 1 April 2026, current tax-year references should use Section 123 read with Schedule XV of the Income-tax Act, 2025; some bank product copy still uses the legacy Section 80C label.
  • The exact current five-year numeric rate is refresh-gated because the reviewed product page points to the prevailing rate without exposing a safely normalized current five-year figure.
  • The bank page contains legacy TDS/form wording; current Income-tax Act 2025 processes control from April 2026.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.