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Fixed & recurring deposits

Capital Gain Account Scheme, 1988

Capital Gain Account Scheme (CGAS) helps you avail tax exemptions under section 54(F)(4) of IT Act 1961. Check CGAS rate of interest & withdrawals at Bank of Baroda.

Interest rateAs advised by Bank of Baroda for domestic term deposits; no additional senior-citizen or staff interest.Senior-citizen rateNot applicable — the reviewed scheme page does not publish a separate senior-citizen rate or age-based rate uplift for this product.TenureAccount A/B deposits: 12–36 months; SDR deposit: 7–364 days. Overall utilisation period cannot exceed 24 months for sections 54/54B/54F or 36 months for sections 54D/54G/54GB.
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Quick eligibility check

Capital Gain Account Scheme, 1988

0 of 2 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: Residents, HUFs, sole proprietorships, partnerships, companies and associations seeking exemptions under sections 54, 54B, 54D, 54F or 54G?

Published source: Eligibility

2Do you meet this requirement: joint accounts are not permitted?

Published source: Eligibility
0 of 2 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.

EligibilityResidents, HUFs, sole proprietorships, partnerships, companies and associations seeking exemptions under sections 54, 54B, 54D, 54F or 54G; joint accounts are not permitted.View source
The official scheme page lists resident and non-individual eligibility and prohibits joint accounts.
Source
Capital Gains Account Scheme, 1988
Page / section
Eligibility / Types of account
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
TenureAccount A/B deposits: 12–36 months; SDR deposit: 7–364 days. Overall utilisation period cannot exceed 24 months for sections 54/54B/54F or 36 months for sections 54D/54G/54GB.View source
The official table publishes product-code periods and statutory utilisation windows.
Source
Capital Gains Account Scheme, 1988
Page / section
Period of deposit / Withdrawals
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Minimum deposit₹1,000; no upper limit.View source
The official scheme page publishes a ₹1,000 minimum and no maximum.
Source
Capital Gains Account Scheme, 1988
Page / section
Minimum / Maximum amount of deposit
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Interest rateAs advised by Bank of Baroda for domestic term deposits; no additional senior-citizen or staff interest.View source
The official page links the rate to current domestic term-deposit rates and excludes add-ons.
Source
Capital Gains Account Scheme, 1988
Page / section
Rate of interest
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Premature closureNo penalty for deposits up to ₹5 lakh held at least 12 months. Otherwise interest is reduced by 1%; deposits of ₹1 crore and above require 31 days’ notice and attract 1.5% penalty on the applicable rate (or contracted rate, whichever is lower).View source
The official scheme page specifies the waiver and penalty tiers.
Source
Capital Gains Account Scheme, 1988
Page / section
Premature closure / Other terms
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Account and withdrawalAccount A is savings-style; Account B is TDR/STDR and must be converted to Account A before withdrawal. Withdrawals use Form C, then Form D; amounts above ₹25,000 are paid by crossed draft/cheque. Nomination is available for up to three nominees.View source
The official scheme page details account formats, forms, payment method and nomination.
Source
Capital Gains Account Scheme, 1988
Page / section
Types of account / Withdrawals / Nomination
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Senior-citizen rateNot applicable — the reviewed scheme page does not publish a separate senior-citizen rate or age-based rate uplift for this product.View source
The reviewed official scheme pages describe the applicable government or product rate but do not provide a separate senior-citizen rate column.
Source
Bank of Baroda government deposit scheme catalogue and linked scheme pages
Page / section
Rate / eligibility sections
Accessed
29 Aug 2026
Confidence
high
Open official source ↗

Eligibility

  • Residents, , sole proprietorships, partnerships, companies and associations seeking exemptions under sections 54, 54B, 54D, 54F or 54G
  • joint accounts are not permitted.

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

Related official documents

Bank of Baroda government schemes and deposit product pagesofficial-product-pages · current · accessed 29 Aug 2026
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Deposit maturity 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₹1,38,042one lakh thirty-eight thousand forty-two rupees
Money you put in₹1,00,000one lakh rupees
Interest earned₹38,042thirty-eight thousand forty-two 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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