If you’ve ever wished for an investment that feels both safe and rewarding, the Bank of Baroda 444-Day FD Scheme 2025—also called the bob Square Drive Deposit Scheme—might be exactly what you’re looking for. Here’s the thing: most FDs today barely beat inflation, so finding one that offers solid returns without locking up your money for years is a rare win. That’s where this special 444-day deposit shines.
Launched in April 2025, this scheme offers attractive interest rates—up to 7.20% per annum for super senior citizens—and taps into Bank of Baroda’s reliability as one of India’s largest public sector banks. With over 130 million customers and a massive branch network, it’s a scheme designed for people who want predictable growth without unnecessary complications.
What Exactly Is the bob Square Drive Deposit Scheme?
Think of this scheme as the “middle path” between short-term and long-term investing. At 444 days (around 15 months), it hits the sweet spot for savers who want higher rates compared to a 1-year FD, but without committing to 3–5 year terms.
A few things make it stand out:
- Available only for deposits below ₹3 crore
- Suitable for salaried individuals, retirees, and NRIs (via NRO accounts)
- Comes in callable and non-callable variants, with the non-callable option fetching an extra 0.05% interest
The scheme compounds interest quarterly, which means your money quietly grows in the background without any stress.
Interest Rates for November 2025
If you’re wondering what you’d actually earn, here’s an easy snapshot:
- General Public (Callable): 6.60% p.a.
- Senior Citizens (60+): 7.10% p.a.
- Super Seniors (80+): 7.20% p.a.
And if you choose the non-callable version, each category gets an additional 0.05%.
For many investors—especially those in higher tax brackets—these rates deliver real, post-tax returns better than most competing banks.
How the Interest Works (With an Example)
Interest in this scheme is calculated daily but added to your principal every quarter. It’s like tiny droplets of earnings that pool into a larger sum over time.
Here’s an example:
If you invest ₹1,00,000 at 6.60%, you’ll earn roughly ₹8,289 by maturity—paying out a total of ₹1,08,289 after 444 days.
Prefer regular income instead of a lump sum? Bank of Baroda gives you a quarterly payout option too.
If you want precise numbers for your investment, the bank’s online FD calculator does the job in seconds.
Who Can Invest and How?
Anyone 18 or older can invest, including NRIs through their NRO accounts. Seniors and super seniors automatically receive higher rates once their age is verified in the system.
Starting is incredibly simple:
- Minimum deposit: ₹1,000
- No upper limit (as long as it’s under ₹3 crore)
- Open through the bob World app, internet banking, or any of the 8,000+ branches
You’ll need your PAN, Aadhaar, and basic KYC info. The digital process usually finishes in just a few minutes.
Key Features You’ll Actually Use
This FD goes beyond just interest rates. It’s built for real-world convenience:
- Auto-renewal option at prevailing rates
- Premature withdrawal allowed after 7 days (with a 1% interest penalty)
- Loans up to 90% of your deposit for emergencies
- Nomination and joint account options
- Protection under DICGC insurance up to ₹5 lakh per depositor
So even though you’re chasing higher returns, your principal stays fully protected.
Tax Rules You Should Know
Like most fixed deposits, interest earned here is taxable according to your income slab.
- TDS at 10% applies if yearly interest crosses ₹40,000 (₹50,000 for seniors).
- Want to avoid TDS? Submit Form 15G or 15H, depending on your eligibility.
There are no 80C tax benefits here, but many investors prefer the post-maturity flexibility—especially in years when FD rates are trending upward.
Once your FD matures after 444 days, you can renew it, withdraw the amount, or shift the funds into another short-term deposit.
Bank of Baroda 444-Day FD Scheme 2025: Quick Overview
| Feature | Details |
|---|---|
| Tenure | 444 Days |
| Interest (General) | 6.60% (Callable) / 6.65% (Non-Callable) |
| Interest (Senior) | 7.10% / 7.15% |
| Interest (Super Senior) | 7.20% / 7.25% |
| Minimum Deposit | ₹1,000 |
| Maximum Deposit | Below ₹3 crore |
| Premature Penalty | 1% |
| Loan Facility | Up to 90% of deposit |
| Compounding | Quarterly |
| Insurance Cover | ₹5 lakh (DICGC) |
| Auto-Renewal | Available |
Why This FD Is a Smart Pick in 2025
Here’s why many investors are locking into this scheme:
- Interest rates are competitive and stable
- Tenure is ideal for short-term goals
- Backed by a trusted PSU bank
- Perfect for diversifying away from volatile markets
- Great for emergency funds, travel plans, or retirement stability
In a year where RBI rates have remained steady, the Bank of Baroda 444-day FD offers the balance most people seek—solid returns without the rollercoaster ride of riskier assets.
If this fits your financial plan, you can explore the scheme directly on the Bank of Baroda website or through the bob World app.
Frequently Asked Questions
1. Is the Bank of Baroda 444-Day FD safe?
Yes. It’s backed by a public sector bank and covered under DICGC insurance up to ₹5 lakh per depositor, making it one of the safest options for conservative investors.
2. Can I withdraw the FD before 444 days?
You can, but only after the first seven days. A 1% interest penalty will apply, which slightly reduces your final returns.
3. Who gets the highest interest rate in this scheme?
Super senior citizens (80+ years) earn the highest rate—up to 7.25% in the non-callable variant.
