Bank of Baroda RD Calculator

Bank of Baroda Recurring Deposits Explained

This BOB RD calculator applies the same quarterly compounding Bank of Baroda uses, so the maturity figure above matches what the bank will pay. Bank of Baroda offers recurring deposits from six months to ten years across one of India's largest public sector branch networks, extended further by the amalgamation of Vijaya Bank and Dena Bank into it on 1 April 2019 — the first three-way merger among Indian public sector banks. The deposit is opened and operated through bob World, the bank's consolidated mobile application, or at any branch.

BOB RD Schemes You Can Open

Bank of Baroda brands several deposit variants rather than offering a single generic recurring account:

• •Baroda Recurring Deposit — The standard fixed-instalment account, with tenures in three-month steps and a low minimum monthly deposit aimed at regular savers.
• •Baroda Mahila Shakti — The bank's branding for deposit products aimed at women depositors, typically carrying a small concession over the standard schedule. Terms change between revisions, so confirm before relying on it.
• •Senior citizen and staff variants — The standard structure with the additional rate benefit extended to resident depositors aged 60 and above across eligible tenures.

Missed Instalments and Early Closure at BOB

BOB RD interest rates are fixed on the day you open the account and are not revised mid-tenure, so a default does not change your rate — it costs you a fee instead. Bank of Baroda charges a default fee for each instalment missed, calculated per hundred rupees of the instalment per month of delay, and an account left in default long enough is treated as discontinued and settled on the instalments actually received. Premature closure is permitted after the minimum period and is paid at the rate applicable to the period served, less the penalty on that rate.

How to Check BOB RD Interest Rates

RD rates change with RBI policy and each bank's own treasury decisions, so no figure is quoted on this page. Take the rate applicable to your tenure from the bob World app, Bank of Baroda net banking, or a branch, then enter it above alongside your monthly instalment to see the exact maturity value.

What Is Specific to a BOB RD

• •The 2019 three-way merger means former Vijaya Bank and Dena Bank customers now transact under Bank of Baroda IFSC codes — verify the current code before funding a deposit by transfer.
• •bob World consolidates what were previously several separate applications and handles the full deposit lifecycle without a branch visit.
• •The combined branch network is unusually deep in Gujarat, Maharashtra and Karnataka, which matters if you intend to pay instalments over the counter.
• •A loan against the accumulated recurring balance is available after a qualifying period, avoiding the penalty re-pricing that early closure would trigger.

Enter the rate Bank of Baroda quotes for your chosen tenure into the calculator above to see the exact maturity value and the year-by-year interest accrual.

To compare this against another lender, or against a lump-sum deposit, use the master RD calculator or the fixed deposit calculator.