Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Product typeDomestic term deposit with a differential interest rate over the normal FD rate in exchange for giving up premature withdrawal.View source
A domestic term deposit wherein depositor gets differential rates interest over normal Deposit’s rate for deposits of Rs. 1,00,01,000 and above for foregoing premature withdrawal option.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Overview / Features
- Accessed
- 21 Aug 2026
- Confidence
- high
Eligible branchesAvailable at all domestic Bank of Baroda branches.View source
Baroda Advantage Fixed Deposits (non-callable) shall be available at all domestic branches.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features
- Accessed
- 21 Aug 2026
- Confidence
- high
Minimum deposit₹1,00,01,000, in multiples of ₹1,000; no upper limit.View source
The official feature table publishes the minimum, increment and no maximum.
- Source
- bob Advantage Fixed Deposits (Non-Callable)
- Page / section
- Features — Deposit amount
- Accessed
- 23 Aug 2026
- Confidence
- high
Deposit incrementDeposits above the minimum must be in multiples of ₹1,000.View source
Minimum Deposit Amount |Rs. 1,00,01,000 (further in multiple of Rs. 1,000/ -).
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features /
- Accessed
- 21 Aug 2026
- Confidence
- high
Maximum depositThere is no maximum deposit limit.View source
Maximum Deposit Amount | No Limit; There is no upper limit for non–callable .
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features /
- Accessed
- 21 Aug 2026
- Confidence
- high
Tenure rangeMinimum tenure is 12 months and maximum tenure is 120 months.View source
Duration |Minimum – 12 months Maximum – 120 Months.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features /
- Accessed
- 21 Aug 2026
- Confidence
- high
Interest-rate scheduleThe product page directs customers to the bank’s latest interest-rate and charge schedule; the product page itself does not state a single fixed rate.View source
For latest rates, please visit Click Here; For Interest Rates & Charges Please Click Here.
- Source
- Bank of Baroda deposit interest-rate schedule
- Page / section
- Features / Interest Rates and Charges
- Accessed
- 21 Aug 2026
- Confidence
- high
Interest-payment frequencyInterest payment frequency follows the frequency applicable to the normal callable term-deposit product.View source
Frequency of Interest payment in the account will be similar as applicable on Normal Term Deposit (Callable Deposits) product.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features
- Accessed
- 21 Aug 2026
- Confidence
- high
NominationNomination facility is available.View source
Nomination facility | Available.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features
- Accessed
- 21 Aug 2026
- Confidence
- high
Tax deducted at sourceTDS is deducted from interest payments as required by applicable rules.View source
will be deducted on interest payments as per rules.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features /
- Accessed
- 21 Aug 2026
- Confidence
- high
Loan or overdraftLoan, overdraft or advance facilities are not available against the security of non-callable deposits under the bank’s guidelines.View source
Loan / Overdraft facility is not available against the security of Non-Callable Deposits; No, loan and overdraft facilities are not available.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features / /
- Accessed
- 21 Aug 2026
- Confidence
- high
Premature withdrawalPremature withdrawal or payment is not allowed for any reason before maturity.View source
Premature withdrawal ... is not allowed for any reason whatsoever; Premature payment ... Not allowed.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features / /
- Accessed
- 21 Aug 2026
- Confidence
- high
Auto-renewal below ₹3 croreWithout clear renewal instructions, deposits below ₹3 crore at maturity are automatically renewed for 12 months at the prevailing 12-month rate applicable to the corresponding normal FD scheme.View source
In the absence of clear renewal instructions ... less than Rs. 3.00 Crores ... renewed automatically for 12 months at prevailing rate ... corresponding Normal scheme.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features
- Accessed
- 21 Aug 2026
- Confidence
- high
Auto-renewal at or above ₹3 croreFor principal of ₹3 crore and above, automatic renewal under the respective normal callable FD scheme occurs only when the depositor gives that instruction at account opening; otherwise proceeds are credited to the operative account at maturity.View source
In case of deposits having Principal value Rs. 3.00 Crore & above, it will be renewed automatically ... if such instruction are given ... In the absence ... proceeds ... credited ... on maturity.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features
- Accessed
- 21 Aug 2026
- Confidence
- high
Application and deposit slipCustomers must use the revised time-deposit application-cum-deposit slip Form 410, which includes the non-callable option and its no-premature-payment condition.View source
The customer has to submit the new application cum deposit slip for time deposits F. No. 410 wherein option for Non-callable deposits will be incorporated.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features
- Accessed
- 21 Aug 2026
- Confidence
- high
Customer acknowledgementA separate customer signature against the no-premature-payment stamp, or specific written instructions accepting the condition, must be obtained.View source
Please ensure to take separate signature ... Alternatively, specific instructions ... should be obtained.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features
- Accessed
- 21 Aug 2026
- Confidence
- high
Deposit-receipt markingBefore handing over the fixed-deposit receipt, the branch must mark that the deposit is non-callable and no premature payment is allowed for any reason.View source
Branch should ensure ... ‘Non-callable Fixed Deposits & No premature payment allowed for any reason whatsoever’ is inscribed ... on or affix appropriate stamp.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features
- Accessed
- 21 Aug 2026
- Confidence
- high
Other term-deposit rulesEligibility norms and all other instructions applicable to term deposits also apply to this product.View source
Eligibility norms and all other instructions applicable to 'Term Deposits' will apply to these deposits.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Features
- Accessed
- 21 Aug 2026
- Confidence
- high
Resident individual eligibilityResident individuals are eligible.View source
Resident individual, / .
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Eligibility
- Accessed
- 21 Aug 2026
- Confidence
- high
NRI/PIO eligibilityNRI and PIO customers are listed as eligible, subject to the bank’s term-deposit guidelines.View source
Resident individual, / .
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Eligibility
- Accessed
- 21 Aug 2026
- Confidence
- high
Joint holdingThe deposit may be opened jointly by more than one individual.View source
Jointly by more than one individuals.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Eligibility
- Accessed
- 21 Aug 2026
- Confidence
- high
Minor eligibilityA minor above 14 years may open the deposit on the bank’s prescribed terms.View source
Minor of age above 14 years on terms as laid down by the Bank.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Eligibility
- Accessed
- 21 Aug 2026
- Confidence
- high
Institutional eligibilityHNIs, NRE/NRO customers, clubs, associations, educational institutions, partnerships, joint-stock companies, co-operative banks, Grameen banks and other institutions eligible for term deposits under bank guidelines are listed as eligible.View source
HNIs, / , Clubs, Associations, Educational Institutions, Partnerships and joint stock companies, Co-operative Banks, Grameen bank and other institutions etc. which are eligible to open Term Deposit accounts as per bank’s guidelines.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Eligibility
- Accessed
- 21 Aug 2026
- Confidence
- high
Minor age exclusionThe product is not available to minors aged 14 years or below because the maximum amount accepted in that minor account age group is ₹1,00,000.View source
The product is not available for minors age of 14 years & below as the maximum amount ... is Rs. 1,00,000/-.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Eligibility /
- Accessed
- 21 Aug 2026
- Confidence
- high
Senior-citizen rateAn additional senior-citizen interest rate is payable to resident senior citizens under bank guidelines for deposits below ₹3 crore; it does not apply to NRE, NRO, Capital Gain or FCNR deposits.View source
An additional interest to Resident Senior Citizens ... for deposits below Rs. 3.00 Crores only. Senior Citizen rate is not applicable to // Capital Gain/ .
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Interest calculationFor domestic deposits with an incomplete terminal quarter, interest is calculated for completed quarters and actual days using a 365/
Interest should be calculated ... in order of completed quarters and days; Interest will be calculated and compounded at quarterly rests.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- / Interest Payment
- Accessed
- 21 Aug 2026
- Confidence
- high
TDS certificateA TDS certificate is provided to all customers.View source
certificate will be provided to all customers.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Interest certificateAn interest certificate is available at the customer’s request.View source
Interest certificate available at request of customer.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Deposit certificateA term-deposit receipt is provided.View source
Deposit certificate- Term Deposit Receipt is provided.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Branch transferThe term deposit can be transferred from one branch to another at the customer’s request.View source
Term deposits can be transferred from one branch to another branch at the request of the customer.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Maturity proceedsMaturity proceeds are credited to the customer’s savings or current account; without an operative account, cash is permitted below ₹20,000 and a demand draft or pay order is issued above that amount.View source
Maturity proceeds are credited to the /account ... no operative accounts ... cash below Rs. 20,000 above which / pay order will be issued.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Quarterly compoundingInterest on term deposits is calculated at quarterly compounding intervals under RBI directions and bank methodology; monthly-deposit interest is calculated quarterly and paid monthly at discounted value.View source
Interest shall be calculated at quarterly compounding intervals ... In case of Monthly Deposit Scheme ... paid monthly at discounted value.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Interest Payment
- Accessed
- 21 Aug 2026
- Confidence
- high
Short-deposit calculationFor deposits under two quarters, interest is calculated according to completed quarters and actual days on a 365/
For Short Deposits ... complete quarter and remaining days ... less than one quarter ... actual number of days ... more than one quarter/3 months to less than or equal to 181 days/ 6 months ...
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Interest Payment
- Accessed
- 21 Aug 2026
- Confidence
- high
NRE/NRO rate ruleInterest rates on NRE/NRO deposits must not be higher than the bank’s comparable domestic rupee term-deposit rates.View source
The interest rates on / deposits shall not be higher than those offered ... on comparable domestic rupee term deposits.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Interest Payment
- Accessed
- 21 Aug 2026
- Confidence
- high
NRE tax treatmentInterest earned or accrued on NRE term deposits is tax-free in India under the relevant Income Tax Act provisions, so no tax is deducted at source for NRE deposits.View source
Interest earned/accrued on ... Term Deposits is tax free in India ... no tax at source is deductible.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- / Interest Payment
- Accessed
- 21 Aug 2026
- Confidence
- high
NRO tax treatmentThe bank has a statutory obligation to deduct TDS on NRO interest; DTAA relief may be claimed with the prescribed documents.View source
Bank has statutory obligation to deduct tax at source ... Term Deposits ... customer can claim ... ... by submitting documents.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- / Interest Payment
- Accessed
- 21 Aug 2026
- Confidence
- high
TDS declarationsNon-corporate customers other than senior citizens may submit Form 15G with PAN, and senior citizens aged 60 years or more may submit Form 15H with PAN, before the stated annual deadline to seek non-deduction where applicable.View source
Non-corporate customers other than Senior Citizens - Form No.15G along with ; Senior Citizens ... 60 years or more - Form No.15H along with .
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
NRO TDS without PANFor NRO deposits, the page states 30% TDS if PAN is submitted without the required declaration, and 30% if neither PAN nor declaration is submitted; declaration without PAN is taxed at the normal rate or 20%, whichever is higher.View source
If is submitted without declaration - deducted @30%; If declaration is submitted without - @normal rate or 20% whichever is higher; If and declaration is not submitted - @30%.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Interest roundingAll interest payments are rounded to the nearest rupee.View source
All interest payments will be rounded off to the nearest rupee.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
General auto-renewalWithout a maturity instruction, a deposit placed for more than one year renews for one year at the prevailing rate, while a deposit placed for less than one year renews for the same period at the prevailing rate.View source
If Deposit is placed for more than one year it will be automatically renewed for one year ... less than one year ... same period.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Non-callable maturity instructionNon-callable deposit holders may instruct closure or renewal at maturity; absent a mandate, the bank’s schedule describes auto-renewal as a callable deposit in the same interest-payout option or auto-closure at maturity.View source
Auto renewal of Non-Callable deposits as Callable deposits in same Interest Payout option; Auto closure on Maturity.
- Source
- Bank of Baroda deposit interest-rate schedule
- Page / section
- Deposit-rate schedule
- Accessed
- 21 Aug 2026
- Confidence
- high
Bulk-deposit definitionA bulk deposit is a single rupee term deposit of ₹3 crore or more under the cited RBI reference.View source
‘Bulk Deposit’ means a single Rupee Term Deposits of Rs. 3.00 Crore and above (/2024-25/ 40 ... dated 07.06.2024).
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Bulk Deposits
- Accessed
- 21 Aug 2026
- Confidence
- high
Bulk-deposit aggregationMultiple deposits created on the same day that aggregate to ₹3 crore or more are not treated as splitting when they mature on different dates or have different specific purposes supported by documents.View source
Multiple deposits ... aggregating Rs. 3.00 Crores and more ... different dates ... or ... different specific purposes ... supportive documents.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Bulk Deposits
- Accessed
- 21 Aug 2026
- Confidence
- high
Agent disclosureThe bank may use agents for sales and marketing of its products.View source
The Bank may use the services of agents in sales/marketing etc. of its various products.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Overview
- Accessed
- 21 Aug 2026
- Confidence
- high
Non-callable definitionA non-callable deposit cannot be withdrawn before its maturity date.View source
Non-callable deposits are those that cannot be withdrawn before the maturity date.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Bulk non-callable minimum tenureThe FAQ states that the minimum tenure in a non-callable bulk term deposit is 1 year.View source
What is the minimum tenure in non-callable bulk ? The minimum tenure ... is 1 year.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
NRE limit in FAQThe FAQ states that NRE deposits should be below ₹2 crore.View source
For , deposits should be below Rs. 2 crores only.
- Source
- bob Advantage Fixed Deposits (Non-Callable) official product page
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
EligibilityResident individuals, NRI/
The official page lists eligible holders and branch availability.
- Source
- bob Advantage Fixed Deposits (Non-Callable)
- Page / section
- Eligibility / Features
- Accessed
- 23 Aug 2026
- Confidence
- high
Tenure12–120 months; automatic renewal for 12 months below ₹3 crore when no clear instruction is supplied.View source
The official page publishes tenure and auto-renewal terms.
- Source
- bob Advantage Fixed Deposits (Non-Callable)
- Page / section
- Duration / Auto renewal
- Accessed
- 23 Aug 2026
- Confidence
- high
Premature closureNot permitted for any reason; loan/overdraft is also unavailable against the non-callable deposit.View source
The official feature table expressly prohibits premature withdrawal and advances.
- Source
- bob Advantage Fixed Deposits (Non-Callable)
- Page / section
- Features — Premature payment
- Accessed
- 23 Aug 2026
- Confidence
- high
PayoutNomination available; interest follows normal callable-term-deposit payment frequency; maturity proceeds credit SB/
The official page publishes nomination, payout routing and terms.
- Source
- bob Advantage Fixed Deposits (Non-Callable)
- Page / section
- Features /
- Accessed
- 23 Aug 2026
- Confidence
- high
Non-callable interest rateFor the minimum-single-deposit-above-₹1 crore and below-₹3 crore band, the current non-callable table (effective 12 June 2026) publishes 6.30% p.a. for 1 year, above 1 year to 400 days, above 400 days to 2 years and above 2 years to 3 years; 6.35% for above 3 to 5 years; 6.05% for above 5 to 10 years; 6.50% for 444 days; and 6.80% for 555 days. General, NRE and NRO use the same column in this table.Effective 12 Jun 2026View source
The current official table lists the General// non-callable rates by tenor for the above-₹1 crore and below-₹3 crore band.
- Source
- Fixed Deposits Callable & Non-Callable up to ₹10 crore
- Page / section
- Fixed Deposits (Non-Callable), above ₹1 crore and below ₹3 crore — General//
- Accessed
- 29 Sept 2026
- Confidence
- high
Resident senior-citizen non-callable rateFor the minimum-single-deposit-above-₹1 crore and below-₹3 crore band, the current non-callable table (effective 12 June 2026) publishes 6.80% p.a. for 1 year, above 1 year to 400 days, above 400 days to 2 years and above 2 years to 3 years; 6.95% for above 3 to 5 years; 7.05% for above 5 to 10 years; 7.00% for 444 days; and 7.30% for 555 days. This add-on is for resident senior citizens; the product page excludes NRE/
The current official table lists the resident senior-citizen non-callable rates by tenor and special tenor.
- Source
- Fixed Deposits Callable & Non-Callable up to ₹10 crore
- Page / section
- Fixed Deposits (Non-Callable), above ₹1 crore and below ₹3 crore — Senior Citizen
- Accessed
- 29 Sept 2026
- Confidence
- high
Benefits and features
- Differential rate over normal for high-value deposits
- All domestic branches
- Nomination facility
- No upper deposit limit
- Auto-renewal or maturity-credit instructions
Eligibility
- Eligible: resident individuals; /
; joint holding by more than one individual; minors above 14 years on Bank terms; HNIs, / customers, clubs, associations, educational institutions, partnerships, joint-stock companies, co-operative banks, Grameen banks and other entities eligible for term deposits. - Not available to minors aged 14 years or below because the maximum accepted in that minor-account age group is ₹1,00,000.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Revised term-deposit application-cum-deposit slip Form 410
- Separate acceptance/signature for the no-premature-payment condition where required by the page
Related official documents
bob Advantage Non-Callable Fixed Deposits official product pageofficial-product-page · current · accessed 21 Aug 2026
↗bob Advantage Fixed Deposits (Non-Callable) — current Bank of Baroda official pageofficial-product-page · current · accessed 29 Sept 2026
↗Fixed Deposits Callable & Non-Callable up to ₹10 crore — current Bank of Baroda rate tableofficial-rate-page · current · accessed 29 Sept 2026
↗Bank of Baroda deposit interest-rate scheduleofficial-rate-page · current · accessed 21 Aug 2026
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