Bank of Baroda offers NRIs higher interest rates of up to 6.25% p.a. with the

 by Bhavna SJ 

bob Legend FCNR(B) Deposit Scheme

Mumbai, 16th June 2026: Bank of Baroda, India’s International Bank, is offering higher interest rates up to 6.25% p.a. to Non-Resident Indians (NRIs) under the ‘bob Legend FCNR(B) Deposit Scheme’.

Under the new ‘bob Legend FCNR(B) Deposit Scheme’, the Bank is offering interest rates of up to 6.25% p.a. on US Dollar (USD) deposits, 4.75% p.a. on British Pound Sterling (GBP) and Australian Dollar (AUD) deposits, 5.15% p.a. on Canadian Dollar (CAD) deposits and 3.75% p.a. on Euro (EUR) deposits.

Bank of Baroda continues to be the preferred banking partner for the global Indian diaspora through its extensive international footprint.

Further, NRIs can benefit from the dual advantages of wealth creation and liquidity by availing of the hassle-free overdraft/loan facility against FCNR(B) deposits, providing enhanced financial flexibility while enabling them to maximise their returns.

Interest Rates (% p.a.) on the bob Legend FCNR(B) Deposit Scheme

Maturity Period

USD

GBP

EUR

AUD

CAD

3 years to < 4 years

6.00%

4.60%

3.50%

4.60%

5.00%

4 years to < 5 years

6.10%

4.65%

3.65%

4.65%

5.10%

5 years only

6.25%

4.75%

3.75%

4.75%

5.15%

About Bank of Baroda

Founded on 20th July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial banks in India. At 63.97% stake, it is majorly owned by the Government of India. The Bank serves its global customer base of over ~180 million through around 65,000 touch points spread across 15 countries in five continents and through its various digital banking platforms, which provide all banking products and services in a seamless and hassle-free manner. The Bank’s vision matches the aspirations of its diverse clientele base and seeks to instil a sense of trust and security in all their dealings with the Bank.