Bank of Baroda Increases Interest Rates on 555-Day bob Golden Goal Deposit Scheme

Bank of Baroda has announced a ten basis points increase in interest rates under the ‘bob Golden Goal Deposit Scheme’, a special 555-day retail term deposit scheme for deposits below three crore rupees, effective November 12, 2026. Across all customer segments and both callable and non-callable options, the scheme now offers interest rates up to 7.50 percent per annum.

Executive Director Beena Vaheed stated that the targeted revision offers greater value to customers seeking stable, assured medium-term returns while strengthening the bank’s deposit base and supporting credit requirements in a growing economy. Under the revised rates for the 555-day tenor, callable options provide 6.85 percent for general, NRO, and NRE customers, 7.35 percent for resident senior citizens, and 7.45 percent for resident super senior citizens aged eighty and above, while non-callable options offer 6.90 percent, 7.40 percent, and 7.50 percent respectively. New fixed deposits can be conveniently opened through the bob World mobile app, net banking, the Bank of Baroda website without requiring a savings account for new customers, or by visiting any branch across India.