Car Loan Rates Slashed (Feb 9, 2026):
To aggressively capture market share in the auto segment, BoB cut car loan interest rates by 30 basis points.
New Rate: Starts at 7.60% p.a. (floating).
Offer: Zero prepayment charges and concession on processing fees.
FD Rate Revision (Feb 2026):
Launched a special 444-Day Term Deposit scheme offering competitive rates:
General Public: 6.75%
Senior Citizens: 7.25%
Super Senior Citizens (80+): 7.35%
Recruitment Drive: The bank is currently hiring for 166 Managerial Positions (MSME Relationship & Credit Analysts). The application window closes on February 26, 2026.
3. Dividend Status
No Interim Dividend: The bank did not declare an interim dividend with its Q3 results.
Expectation: Bank of Baroda typically declares a single Final Dividend annually.
Forecast: Expect the announcement in May 2026 (Last year paid ₹8.35/share)