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Rupee Fixed Deposits

fixed deposit account by Bank of Baroda is perfect for

Account typeNRO rupee fixed deposit funded by permitted inward remittance or legitimate rupee dues in India; resident close relatives may be joint holders.Interest rate / taxInterest is paid or credited quarterly; where DTAA is not applicable or documentation is unavailable, NRO FD/SB withholding tax is 30.90% plus applicable surcharge/cess.RepatriationPrincipal is entirely non-repatriable; interest is repatriable after deduction of tax at source.
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Quick eligibility check

Rupee Fixed Deposits

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: Available to NRIs through an NRO account?

Published source: Residency eligibility

2Are you this type of customer: permitted resident close relatives may be joint holders?

Published source: Residency eligibility

3Do you meet this requirement: Principal is non-repatriable and interest is repatriable after tax deduction under NRO rules?

Published source: Residency 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.

Account typeNRO rupee fixed deposit funded by permitted inward remittance or legitimate rupee dues in India; resident close relatives may be joint holders.View source
The official page describes funding and joint-holding rules.
Source
Rupee Fixed Deposits
Page / section
Overview / Features
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
CurrencyIndian rupees (INR).View source
The product is an rupee fixed deposit.
Source
Rupee Fixed Deposits
Page / section
Product type
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Tenure15 days to 120 months; deposits of one year or more auto-renew for one year at the prevailing rate if no instruction is given.View source
The official overview states 15-day to 120-month terms and the one-year auto-renewal rule.
Source
Rupee Fixed Deposits
Page / section
Overview / Features
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Interest rate / taxInterest is paid or credited quarterly; where DTAA is not applicable or documentation is unavailable, NRO FD/SB withholding tax is 30.90% plus applicable surcharge/cess.View source
The official publishes quarterly interest credit and 30.90% withholding tax where relief is unavailable.
Source
Rupee Fixed Deposits
Page / section
— Tax / Interest payment
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
RepatriationPrincipal is entirely non-repatriable; interest is repatriable after deduction of tax at source.View source
The official expressly distinguishes non-repatriable principal and repatriable post-tax interest.
Source
Rupee Fixed Deposits
Page / section
— Repatriation
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Premature withdrawalNo penalty up to ₹5 lakh when held at least 12 months; otherwise 1% deduction generally applies, and deposits of ₹1 crore or more require 31 days’ notice with 1.5% penalty.View source
The official publishes the ₹5 lakh/12-month waiver, standard 1% deduction and ₹1 crore large-deposit rule.
Source
Rupee Fixed Deposits
Page / section
— Premature withdrawal
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Residency eligibilityAvailable to NRIs through an NRO account; permitted resident close relatives may be joint holders. Principal is non-repatriable and interest is repatriable after tax deduction under NRO rules.View source
The page permits accounts and close-relative joint holding, with separate principal and interest repatriation treatment.
Source
Rupee Fixed Deposits
Page / section
Eligibility / repatriation
Accessed
29 Aug 2026
Confidence
high
Open official source ↗

Eligibility

  • Available to through an account
  • permitted resident close relatives may be joint holders. Principal is non-repatriable and interest is repatriable after tax deduction under rules.

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₹30,900thirty thousand nine hundred rupees
Balance including interest₹1,30,900one lakh thirty thousand nine hundred 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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