Bank FD Comparison Tool
Bajaj Finance vs Bank of Baroda Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between Bajaj Finance (Private Sector) and Bank of Baroda (Public Sector). Analyze the security of public sector banking versus the convenience of private sector services.
Bajaj Finance
Private Sector
VS
BOB
Public Sector
Bajaj Finance: Min ₹15,000
BOB: Min ₹1,000
Security vs Convenience
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹15,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -Bajaj Finance: % |BOB: %
Side-by-Side Rate Comparison
Direct comparison of general rates
Bajaj Finance
BOB
Highlighted = Your selected tenure
Feature Comparison
Features | Bajaj Finance Private Sector | BOB Public Sector |
|---|---|---|
Minimum FD Amount | ₹15,000 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
Bajaj Finance
Private Sector Bank
Key Advantages:
NBFC with competitive FD rates
Senior citizens get additional interest (varies by tenure: +0.25% to +0.35%)
CRISIL AAA/Stable and ICRA AAA(Stable) ratings
Digital FD booking available
Loan against FD: Up to 75% of deposit value
Flexible interest payout options (Monthly, Quarterly, Half-Yearly, Annual)
Minimum deposit: ₹15,000, Maximum: ₹3 Crore
Rates effective from 11.06.2025
Bank of Baroda
Public Sector Bank
Key Advantages:
Government-owned bank with strong security
Wide branch network across India
Competitive interest rates
BOB Square Drive special scheme (444 days)
Online FD booking facility
Senior citizen benefits
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between Bajaj Finance (₹5L) + BOB (₹5L)
For ₹15 lakhs: Add a third bank to the mix
Best of Both: Combine Bajaj Finance (convenience) with BOB (security)
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose Bajaj Finance If:
- •Minimum amount: ₹15,000
- •Private Sector banking preference
- •NBFC with competitive FD rates
- •Senior citizens get additional interest (varies by tenure: +0.25% to +0.35%)
- •CRISIL AAA/Stable and ICRA AAA(Stable) ratings
Choose BOB If:
- •Minimum amount: ₹1,000
- •Public Sector banking preference
- •Government-owned bank with strong security
- •Wide branch network across India
- •Competitive interest rates
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Use Bajaj Finance for convenience
- •Use BOB for stability
- •Review rates periodically
Explore more FD comparisons
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