Bank of India - Interest Rates (%)

This page provides the current interest rates (%) of Bank of India's Fixed Deposit (FD) scheme.

 

Table of Contents

 

Fixed Deposit (FD)

This page provides the current interest rates (%) for both General public and Senior citizens.

 

General Public

The below table provides the current interest rates (%) for general public (aged less than 60 years).

TermAnnual Interest Rate (%)
7 days to 14 days2.85%
15 days to 30 days2.85%
31 days to 45 days2.85%
46 days to 90 days3.85%
91 days to 179 days3.85%
180 days to 269 days4.35%
270 days to less than 1 year4.35%
1 year to less than 2 years5%
2 years to less than 3 years5.05%
3 years to less than 5 years5.05%
5 years to less than 8 years5.05%
8 years to 10 years5.05%

Note:

  • The above interest rates are applicable for deposit amount less than Rs. 2 Crore

  • The above interest rates are effective from 01-Aug-2021

 

Senior Citizens

The below table provides the current interest rates (%) for senior citizens (aged 60 years and above).

TermAnnual Interest Rate (%)
7 days to 14 days2.85%
15 days to 30 days2.85%
31 days to 45 days2.85%
46 days to 90 days3.85%
91 days to 179 days3.85%
180 days to 269 days4.85%
270 days to less than 1 year4.85%
1 year to less than 2 years5.5%
2 years to less than 3 years5.55%
3 years to less than 5 years5.55%
5 years to less than 8 years5.55%
8 years to 10 years5.55%

Note:

  • The above interest rates are applicable for deposit amount less than Rs. 2 Crore

  • The above interest rates are effective from 01-Aug-2021