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Rupee Fixed Deposits

by Bank of Baroda offers a matured term deposit of 1 year and above with features such as no income tax liability, provision for nomination etc. Open a fixed deposit account now!

Account typeNRE rupee fixed deposit with cumulative/reinvestment and quarterly-interest options.Interest rateCurrent NRE term-deposit schedule (below ₹3 crore, effective 12 June 2026): 6.25% for 1 year through 3 years, 6.30% above 3 years to 5 years, and 6.00% above 5 years to 10 years; special 444-day and 555-day schemes are 6.45% and 6.75% respectively.RepatriationPrincipal and interest are freely repatriable in any convertible foreign currency at a place of the depositor’s choice.
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Quick eligibility check

Rupee Fixed Deposits

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: Available to NRIs and eligible PIOs under NRE rules?

Published source: Residency eligibility

2Do you meet this requirement: principal and interest are freely repatriable in a permitted convertible foreign currency?

Published source: Residency 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.

Account typeNRE rupee fixed deposit with cumulative/reinvestment and quarterly-interest options.View source
The official page describes rupee deposits with reinvestment and quarterly payout plans.
Source
Rupee Fixed Deposits
Page / section
Overview / Features
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
CurrencyIndian rupees (INR), with proceeds payable in a currency of the depositor’s choice where permitted.View source
The page identifies rupee deposits and states payment of proceeds in the currency of the customer’s choice.
Source
Rupee Fixed Deposits
Page / section
Overview / Benefits
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Tenure12 months to 120 months; no interest is payable when the deposit has remained for less than 12 months.View source
The official terms publish a 12–120 month period and the one-year minimum for interest.
Source
Rupee Fixed Deposits
Page / section
— Deposit period
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Interest rateCurrent NRE term-deposit schedule (below ₹3 crore, effective 12 June 2026): 6.25% for 1 year through 3 years, 6.30% above 3 years to 5 years, and 6.00% above 5 years to 10 years; special 444-day and 555-day schemes are 6.45% and 6.75% respectively.Effective 12 Jun 2026View source
The official rate page publishes the term-deposit rate bands and effective date.
Source
Term (Rupee) Deposits — current rate schedule
Page / section
Term Deposits below ₹3 crore
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
RepatriationPrincipal and interest are freely repatriable in any convertible foreign currency at a place of the depositor’s choice.View source
The official terms say repatriation of deposits and interest is freely allowed in any convertible foreign currency.
Source
Rupee Fixed Deposits
Page / section
— Repatriation
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Premature withdrawalNo penalty for premature payment up to ₹5 lakh when the deposit has remained at least 12 months; otherwise applicable penalty rules include a 1% deduction for deposits below ₹1 crore and 1.5% for deposits of ₹1 crore or more with 31 days’ notice.View source
The official terms publish the no-penalty ₹5 lakh/12-month rule and the penalty/notice rules for larger or shorter-held deposits.
Source
Rupee Fixed Deposits
Page / section
— Premature closure
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Residency eligibilityAvailable to NRIs and eligible PIOs under NRE rules; principal and interest are freely repatriable in a permitted convertible foreign currency.View source
The fixed-deposit terms identify / eligibility and free repatriation of principal and interest.
Source
Rupee Fixed Deposits
Page / section
Eligibility / repatriation
Accessed
29 Aug 2026
Confidence
high
Open official source ↗

Eligibility

  • Available to and eligible under rules
  • principal and interest are freely repatriable in a permitted convertible foreign currency.

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

Related official documents

Bank of Baroda NRI account product pages and deposit termsofficial-product-pages · current · accessed 29 Aug 2026
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Account interest estimate

See roughly how much interest a steady account balance could earn over the period you choose.

Interest you may earn₹6,250six thousand two hundred fifty rupees
Balance including interest₹1,06,250one lakh six thousand two hundred fifty 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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