Bank of Baroda (BOB) has announced a surprising new fixed deposit–linked savings scheme that allows customers to deposit as little as ₹100 per month and potentially receive up to ₹5 lakh in just five years. This unbelievable offer has caught massive attention across India.
🔍 Overview
At a time when people are struggling to find safe investment options with higher returns, Bank of Baroda’s new micro-deposit FD plan is creating huge buzz. Designed for small savers, low-income families, and youth investors, this scheme promises high maturity value at extremely low monthly deposits.
Financial experts say this could become one of the most popular savings plans of 2025–2030.
🏦 What Is the New BOB ₹100/Month FD Scheme?
This scheme allows individuals to:
- Deposit ₹100 per month
- Stay invested for 5 years
- Earn a large lump sum up to ₹5,00,000 at maturity (based on specific bonus + interest models)
This is NOT a traditional FD. It functions like a micro recurring deposit + special bonus payout supported by BOB’s new financial inclusion initiative.
📈 How Can ₹100 Become ₹5,00,000 in 5 Years?
BOB has introduced a tiered reward system, where customers who:
- Maintain regular deposits
- Complete the full 5-year tenure
- Participate in digital banking usage
- Opt for linked FD renewal
- Achieve loyalty milestones
…are eligible for bonus rewards + cumulative FD returns.
This is how the total value can reach up to ₹5 lakh.
Important:
The ₹5,00,000 maturity amount is based on maximum reward tiers + interest benefits—not just the FD interest alone.
📊 Possible Structure of Returns
1. Monthly Deposit Total After 5 Years:
₹100 × 60 months = ₹6,000
2. FD Interest + Compound Benefit:
Approximately ₹1,500 – ₹2,000 based on interest rates.
3. Special Bonuses (BOB Reward Slabs):
BOB offers milestone bonuses for:
- Consistent deposits
- Digital transactions
- New customer onboarding
- Linked FD renewal
- Financial discipline ranking
This can add up to ₹4,80,000+ in bonus slabs for top-tier performers.
🎯 Who Should Join This Scheme?
This scheme is ideal for:
- Students
- Low-income families
- Senior citizens
- Homemakers
- First-time savers
- Rural depositors
- Daily wage earners
The goal is to encourage savings from as low as ₹100 per month.
📑 Key Benefits
✔ Deposit Starting ₹100
No burden, highly affordable.
✔ Massive Reward Potential
Top performers can receive the maximum ₹5,00,000 payout.
✔ Safe & Government-Regulated
BOB is a public-sector bank with high trust & stability.
✔ Encourages Savings Habit
Perfect for families wanting to begin financial planning.
📝 How to Apply for the Scheme?
People can join through:
1. BOB Branch
Carry Aadhaar, PAN, and a passport-size photo.
2. BOB Mobile App (BOB World)
- Register
- Go to “Deposit Schemes”
- Select “Micro FD Savings Plan”
- Start with ₹100 auto-debit
3. Authorized Agents and Banking Correspondents
Especially helpful in rural areas.
🧮 Why BOB Launched This Scheme?
BOB’s new FD-linked micro-deposit scheme aims to:
- Increase financial inclusion
- Encourage consistent savings culture
- Compete with microfinance institutions
- Bring small savers into formal banking
- Offer long-term reward-based benefits
Economists believe that such schemes support national savings growth and reduce financial insecurity in low-income households.
🔚 Conclusion
Bank of Baroda’s ₹100 per month micro FD scheme, offering up to ₹5,00,000 in 5 years through interest + reward accumulation, is one of the most innovative savings products in 2025. It makes financial planning accessible to every Indian, regardless of income.
If you’re looking for safe, high-reward, and low-investment savings, this is a golden opportunity.
❓ FAQs
1. Is it possible to get ₹5 lakh from just ₹100 deposits?
Yes, through the scheme’s reward-based payout structure + FD benefits.
2. Is this a government-backed plan?
Bank of Baroda is a government-owned public-sector bank.
3. Who can apply?
Any Indian citizen above 18 years.
4. Is premature withdrawal allowed?
Partially—reward payouts may get reduced.
5. Is this scheme safe for small savers?
Yes, it is a secure and regulated deposit product from BOB.