Bank of India Fixed Deposit Interest Rates

Bank of India, a renowned public sector institution has come up with a lucrative offer for the citizens of India that no one can resist. The bank's new fixed deposit schemes has something to offer and with the likes of short-term, mid-term and long-term plans, the plans are best suited for the customers seeing it as an investment opportunity.

However, the interest rates for the tenures are decided according to the market conditions and liquidity requirements of the bank. And with the regular changes made to the returns, it becomes difficult for the investor to invest in some profitable products. Thus it is important to know the current FD rates to invest wisely.

At, we will share updated information about best fixed deposit rates, FD India schemes of the bank and Indian Bank of India FD rates over all tenures for fixed deposit and term deposit. You will also come to know about popular FD rates, India by the bank for 2017 and FD interest rates that are the highest.

For regular and senior citizens as per their tenures, here is updated list of BOI FD rates

Maturity Regular FD Rates Senior Citizen FD Rates
7 days to 14 days 4 4.5
15 days to 30 days 4.25 4.75
31 days to 45 days 4.25 4.75
46 days to 90 days 6 6.5
91 days to 120 days 6.25 6.75
121 days to 179 days 6.25 6.75
180 days to 269 days 6.5 7
270 days to less than 1 year 6.5 7
1 Year & above to less than 2 Yrs 6.8 7.3
2 years & above to less than 3 years 6.8 7.3
3 years & above to less than 5 years 6.7 7.2
5 years & above to less than 8 years 6.7 7.2
8 years & above to 10 years 6.7 7.2

Bank of India FD Rates for Short-Term FD:

The short-term holding is 30 days for which returns are pegged at 4.5%. For the tenures of two to three months, the returns are set at 6.5% and 7% for the tenure of four months. For six months, it is pegged at 7.25%, and for nine months, it is 7.75% per annum.

BOI Medium to Long-Term FD Rates

For the tenures of one to two years, the long-term returns of 7.75%. It is 7.5% for the holding of two to five years, and it eventually deceases to 7.25% for the tenure of five years and above.

BOI Senior Citizen FD Rates

From the above-mentioned returns, the senior citizens get an extra 0.5% for their tenures six months and whereas, the returns remain unchanged for the tenures of two to four months.

Kindly Note: The interest rates pegged are on a yearly basis.