BOB Suvidha Fixed Deposit Scheme

BOB Suvidha Fixed Deposit Scheme offers easy liquidity along with competitive rates to its customers. The customers can choose the tenures that best suit them although; it is ideal for both short and long term investment objectives. With a flexible withdrawal limit, the scheme offers financial security to the customers.

BOB Suvidha Fixed Deposit Scheme Eligibility Criteria:

  1. Anyone who is an Indian citizen is eligible for this scheme.
  2. Single Account (single person)
  3. Joint Account (two or more individuals)
  4. One can open the deposit account on behalf of a minor.
  5. Duly filled application form to be submitted to the bank (form can be availed from the bank or downloaded online).
  6. Applicant’s address proof and a passport size photograph.
  7. As per the bank’s norms, an introduction letter is also required.

BOB Suvidha Fixed Deposit Scheme Features:

Account Type



Minimum: Rs.5,000/- Subsequent deposits in multiples of Rs.1,000/-.

Maximum: N.A.

The depositor has to request the bank for the deposits above Rs.10 crore.

Rate of Interest

Minimum: 6.75%

Maximum: 6.75%


Minimum: 1 Year

Maximum: 5 Years


Under the rules set by the Income Tax Department, TDS is applicable.


Loan against ICICI Money Multiplier Plan

The depositor can avail 95% of his/her deposit value as loan.  





Auto Renewal

Yes, unless otherwise mentioned


BOB Suvidha Fixed Deposit Scheme Interest Rates:

The rate of interest under this scheme is calculated on a three-month basis and is credited to the depositor’s account in every six months.


Deposits below Rs.1 crore

Rs.1 crore to Rs.10 crores

Rs.10 crores to Rs.50 crores

Above Rs.50 crores

365 Days





Above 365 Days and up to 3 Years





Above 3 Years and up to 60 Months





Moreover, under this scheme, people aged above 60 years can avail the benefit of an additional 0.5% interest on their deposits. The minimum amount of Rs. 10,000/- is required.

Kindly Note: As the rates provided by the bank are linked with its base rates, and therefore, it can be varied on a timely basis.