Bank of Baroda Recurring Deposit Calculator
Calculate your RD returns with latest BOB rates
Highest RD Rate
7.25% p.a.
Best available rate by BOB across tenures
The BOB Recurring Deposit (RD) offers competitive recurring-deposit interest rates, with a minimum monthly deposit of just ₹100. Interest is compounded quarterly, and your maturity amount depends on the monthly installment and tenure you choose — use the calculator below to see your exact returns. TDS applicable if interest exceeds ₹40,000 per annum (₹50,000 for senior citizens)
Minimum amount varies by bank (typically ₹100 - ₹500)
Used to calculate actual tax on RD interest. Select 0% if income below ₹3L
Maturity Amount
Total Investment
₹60,000
Interest Earned
+₹1,150
Current Interest Rate
BOB General Rate
3.50%
per annum
BOB Recurring Deposit Calculator Results
Year-wise breakdown of your monthly investments and returns
BOB Recurring Deposit Interest Rates
Latest interest rates for different tenures
| Tenure | General Rate | General Maturity | Senior Citizen Rate | Senior Maturity |
|---|---|---|---|---|
| 7 days to 14 days | 3.5% | ₹5,015 | 4% | ₹5,017 |
| 15 days to 45 days | 3.5% | ₹5,015 | 4% | ₹5,017 |
| 46 days to 90 days | 5% | ₹15,125 | 5.5% | ₹15,138 |
| 91 days to 180 days | 5% | ₹30,441 | 5.5% | ₹30,485 |
| 181 days to 210 days | 5.5% | ₹35,648 | 6% | ₹35,707 |
| 211 days to 270 days | 5.75% | ₹46,092 | 6.25% | ₹46,188 |
| 271 days & above and less than 1 year | 6% | ₹61,986 | 6.5% | ₹62,155 |
| 1 year | 6.25% | ₹62,071 | 6.75% | ₹62,240 |
| Above 1 year to 2 Years (except 444 & 555 days) | 6.25% | ₹1,28,134 | 6.75% | ₹1,28,813 |
| bob Square Drive (444 Days) | 6.45% | ₹78,307 | 6.95% | ₹78,571 |
| bob Golden Goal (555 Days) | 6.75% | ₹94,966 | 7.25% | ₹95,347 |
| Above 2 Years and upto 3 Years | 6.25% | ₹1,98,446 | 6.75% | ₹2,00,022 |
| Above 3 Years and upto 5 Years | 6.3% | ₹3,53,399 | 6.9% | ₹3,59,092 |
| Above 5 Years and upto 10 Years | 6% | ₹8,23,494 | 7% | ₹8,70,472 |
| Above 10 years (MACAD only) | 5.5% | ₹21,88,120 | 6% | ₹23,21,755 |
Important Notes
- Min monthly: ₹100
- Penalty: 1% on premature closure
- TDS applicable if annual interest exceeds ₹40,000
- 15 days grace period for missed installments
Key Benefits
- Disciplined monthly savings habit
- Higher rates than savings accounts
- Auto-debit facility available
- DICGC insurance up to ₹5,00,000
Tax & TDS on BOB Recurring Deposits
Understanding tax implications and deductions on your RD investments
Section 80C
Tax-saving RDs (5-year lock-in) qualify for deduction up to ₹1.5 lakh under Section 80C
Senior Citizens
Higher TDS exemption limit of ₹50,000 for citizens above 60 years
• Regular RDs don't qualify for Section 80C deduction
• Interest income is fully taxable as per income tax slab
• Form 15G/15H can be submitted to avoid TDS
• NSC and other alternatives also qualify for 80C
TDS Rate
10%
Exemption Limit
₹40,000
TDS Calculation
TDS is deducted at 10% if total interest from all RDs with BOB exceeds ₹40,000 in a financial year
TDS is calculated on maturity amount
No TDS on monthly installments
Form 26AS shows TDS deducted at maturity
Can be claimed as advance tax while filing ITR
₹5,000/month RD
At 6.75% for 3 years
₹21,870
Total Interest
TDS: ₹0
₹10,000/month RD
At 6.75% for 3 years
₹43,740
Total Interest
TDS: ₹374
₹25,000/month RD
At 6.75% for 3 years
₹1,09,350
Total Interest
TDS: ₹6,935
BOB Recurring Deposit FAQs
Everything you need to know about BOB Recurring Deposits, RD interest rates, and systematic savings planning
What is the minimum amount required for BOB RD?
What is the current highest RD rate offered by BOB?
Is the interest earned on BOB RD taxable?
Can I miss a monthly installment in BOB RD?
How is interest calculated on BOB RD?
What happens if I close my BOB RD before maturity?
Compare RD Rates Across Banks
Calculate Recurring Deposit returns with different banks and find the best rates
