BOB FD Calculator

BOB FD Calculator

The BOB FD Calculator helps you estimate the maturity amount and interest earned on your investment in a Fixed Deposit (FD) with the Bank of Baroda. Whether you’re saving for a short-term goal or long-term financial security, this tool provides fast and accurate projections to guide your investment decisions.

What Is a Bank of Baroda Fixed Deposit?

A Fixed Deposit (FD) with Bank of Baroda is a secure, interest-bearing investment where you deposit a lump sum for a fixed period at a predetermined interest rate. It offers guaranteed returns and flexible payout options.

Key Features

• Tenure: 7 days to 10 years
• Minimum deposit: ₹1,000
• Interest payout: Monthly, quarterly, half-yearly, annually, or at maturity
• Senior citizen benefit: Additional 0.50% p.a. interest on select tenures
• Compounding frequency: Quarterly (for cumulative FDs)
• Taxation: Interest is taxable; TDS applies if interest exceeds ₹40,000/year (₹50,000 for senior citizens)

How the BOB FD Calculator Works

Inputs Required

• Deposit amount
• Tenure (in months or years)
• Interest rate (% per annum)
• Compounding frequency (usually quarterly for cumulative FDs)

Formula Used

A = P × (1 + r/n)^{n × t}

• A: Maturity amount
• P: Deposit amount (principal)
• r: Annual interest rate (decimal)
• n: Compounding frequency (usually 4)
• t: Tenure in years

Output Provided

• Total interest earned
• Final maturity amount
• Effective annual yield

Example

If you invest ₹1,00,000 in a Bank of Baroda FD for 5 years at 7% p.a. (compounded quarterly):

• Interest earned: ≈ ₹40,500
• Maturity amount: ≈ ₹1.40 lakh

Benefits of Using the BOB FD Calculator

• Instant and accurate maturity projections
• Compare interest across tenures and rates
• Helps plan short- and long-term financial goals
• Ideal for low-risk, fixed-income investors

Disclaimer : The results given by the above calculator are for illustration purpose only. They are often based on a number of assumptions. The results given are in no way any guarantee of the returns that will be given. Investments in stock markets and securities markets are subject to market risks and other risks. There is no guarantee of the return that will be actually given. Investment in other financial products may also be subject to market risks and other risks. There is no guarantee of the returns that will be given by them. The calculator also does not make any recommendation directly or indirectly. Please consult a registered Financial Advisor before taking any investment decision.