The Bank of Baroda has turned to this special 681-day Fixed Deposit (FD) scheme that it will unveil in 2026, which is already drawing admiration across the board. Attractive interest rates and at the same time, your investments’ safety is what this project has as its main goal. It is a trustworthy choice, since it promises returns, and it is also backed up with government security through the Deposit Insurance and Credit Guarantee Corporation (DICGC), thus making it suitable for both regular customers and senior citizens.
Latest Information
In January 2026, the interest rate for the 681-day FD scheme stands at approximately 6.6% per annum for regular customers and 7.1% for senior citizens. This means it offers one of the best rates in the market for short-term deposits. A minimum deposit of ₹1,000 is required, and no maximum limit is set; hence, it fits the needs of small savers as well as large investors.
Key Features
This plan provides the quarterly compounding of the interest which is paid out yearly. The investors are given the option to choose from cumulative or non-cumulative, based on whether they want the interest to be paid at maturity or through regular intervals. Senior citizens, in particular, get an already attractive interest rate plus a little more which means better returns on their retirement savings.
Comparison Table: Bank of Baroda FD 681-Day Scheme
| Category | Interest Rate (p.a.) | Minimum Deposit | Maximum Deposit |
|---|---|---|---|
| General Customers | 6.6% | ₹1,000 | No Limit |
| Senior Citizens | 7.1% | ₹1,000 | No Limit |
Why This Scheme Matters
The 681-day FD scheme is a very good choice for those who want to save money for the medium term at better rates than the standard one-year deposits. It connects short-term and long-term investments, thus providing good flexibility and security at the same time. Since the bank revises the interest rates regularly, this scheme is still competitive when compared to other banks and financial institutions.
FAQs
Q1: What is the interest rate for the 681-day FD scheme?
The interest rate is 6.6% per annum for the general public and 7.1% for seniors.
Q2: What is the smallest deposit that can be made?
The minimum deposit of ₹1,000 is required, along with the absence of a maximum limit.
Q3: Am I allowed to withdraw before maturity?
Yes, withdrawing before the maturity date is allowed but a penalty on the interest accrued may apply.
Q4: Is the scheme protected?
Yes, the DICGC provides insurance for deposits up to ₹5 lakh, making it a safe investment option.
Conclusion
For investors who want to receive the FD 681-day from Bank of Baroda, security, adaptability, and a good yield are among the main reasons to choose it as a balanced investment option. The government-backed security, along with the interest rates, which are competitive in nature, the special benefits for the elderly, and all these make it a wise choice for the 2026 investors wanting to augment their savings without exposure to risk.