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Fixed & recurring deposits

bob - A Recurring Deposit Scheme

Systematic Deposit Plan offers a convenient recurring deposit scheme. Save with Bank of Baroda

Interest rateRate is locked for the selected tenure; senior-citizen rates may be up to 1% higher under applicable guidelines, with interest compounded quarterly and paid at maturity.Senior-citizen rateResident senior citizens receive an additional rate under current Bank of Baroda guidelines; the introduction says the benefit can be up to 1%, but the page does not publish a tenure-by-tenure percentage table.Tenurebob SDP: 6–120 months. Flexi SDP: 6–60 months. Interest is compounded quarterly and paid at maturity.
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Quick eligibility check

bob - A Recurring Deposit Scheme

0 of 3 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Customers eligible to open Bank of Baroda term deposits under Bank/RBI rules?

Published source: Eligibility

2Do you meet this requirement: monthly contributions can be funded by standing instruction?

Published source: Eligibility

3Document checkDo you have this required document or proof: PAN/Form 60 is required under applicable rules?

Published source: Eligibility
0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Tenurebob SDP: 6–120 months. Flexi SDP: 6–60 months. Interest is compounded quarterly and paid at maturity.View source
The official pages publish product-specific tenure ranges and common compounding.
Source
bob and bob Flexi Systematic Deposits
Page / section
Features — Duration / Interest
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Monthly instalment₹50 minimum in rural/semi-urban branches and ₹100 minimum in urban/metro branches; subsequent instalments use the same ₹50/₹100 multiples.View source
The feature table publishes both location-based minimums and multiples.
Source
bob — A Recurring Deposit Scheme
Page / section
Features — Instalment Amount
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Interest rateRate is locked for the selected tenure; senior-citizen rates may be up to 1% higher under applicable guidelines, with interest compounded quarterly and paid at maturity.View source
The official page states locked pricing, senior-citizen uplift up to 1% and quarterly compounding.
Source
bob - A Recurring Deposit Scheme
Page / section
Introduction / Features — Rate of Interest
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Premature closurePremature closure is allowed; interest is paid after deducting 1% from the applicable or contracted rate, whichever is lower, where the penalty applies.View source
The feature table states the 1% deduction and lower-rate basis.
Source
bob — A Recurring Deposit Scheme
Page / section
Features — Premature Closure
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
PayoutInterest is compounded quarterly and paid on maturity; nomination is available and TDS applies. Flexi SDP allows additional deposits as liquidity permits.View source
The official pages publish maturity payout, nomination, and additional-deposit behaviour.
Source
bob and bob Flexi Systematic Deposits
Page / section
Benefits / Features
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
EligibilityCustomers eligible to open Bank of Baroda term deposits under Bank/RBI rules; monthly contributions can be funded by standing instruction. PAN/Form 60 is required under applicable rules.View source
The official pages publish term-deposit eligibility, standing-instruction and rules.
Source
bob and bob Flexi Systematic Deposits
Page / section
Eligibility / Operations
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Senior-citizen rateResident senior citizens receive an additional rate under current Bank of Baroda guidelines; the introduction says the benefit can be up to 1%, but the page does not publish a tenure-by-tenure percentage table.View source
The page states up to 1% in the introduction and gives the resident/₹3 crore/type exclusions in .
Source
bob — A Recurring Deposit Scheme
Page / section
Introduction; — Rate of Interest to Senior Citizen
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Delayed instalment chargeIf an instalment is not paid by the last working day of its calendar month, the published penalty is ₹1 per ₹100 per month; an instalment paid within that calendar month is on time.View source
The feature table publishes the ₹1 per ₹100 monthly penal interest and due-date rule.
Source
bob — A Recurring Deposit Scheme
Page / section
Features — In the Event of Delayed Payment of Instalments
Accessed
29 Aug 2026
Confidence
high
Open official source ↗

Eligibility

  • Customers eligible to open Bank of Baroda term deposits under Bank/ rules
  • monthly contributions can be funded by standing instruction. /Form 60 is required under applicable rules.

Passing a listed condition does not mean the bank will approve an application.

Related official documents

bob SDP — A Recurring Deposit Scheme — official product pageofficial-product-page · current · accessed 29 Aug 2026
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Recurring-deposit estimate

See how much the deposit may be worth at the end. You can change the bank's published rate to test another case.

Money at maturity₹3,07,751three lakh seven thousand seven hundred fifty-one rupees
Money you put in₹3,00,000three lakh rupees
Interest earned₹7,751seven thousand seven hundred fifty-one rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Product nature · Published detailMonthly recurring saving plan with assured returns

This value is copied from bob — complete published feature table. Check the table notes before relying on it.

Source: bob — A Recurring Deposit Scheme · Features and Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 11 rows · 2 columnsbob SDP — complete published feature tableFeature rows transcribed from the official SDP page.View tableHide table

Scroll sideways to view every column

bob SDP — complete published feature table
ParameterPublished detail
Product natureMonthly recurring saving plan with assured returns
EligibilityIndividuals, joint holders, minors aged 10+, registered clubs/associations/educational institutions/partnerships/companies; excluded
Minimum instalment₹50 rural/semi-urban; ₹100 urban/metro; same multiples thereafter
FrequencyMonthly; payment by the last working day of the calendar month
Tenure6–120 months
MaturityOne month after last instalment or due date, whichever is later
InterestQuarterly compounding and paid at maturity; senior add-on as per guidelines
Loan / overdraftUp to 95% of outstanding balance; no processing charge stated
Delayed instalment₹1 per ₹100 per month
Premature closure1% deduction from applicable or contracted rate, whichever is lower
Applies under prevailing Income Tax Act
  • The page's also publishes deposit-rate, renewal, and payment-method rules.
bob — A Recurring Deposit Scheme · Features and · accessed 29 Aug 2026Open official source ↗

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