#1
26th March 2016, 01:56 PM
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Bank of India fixed deposit interest rates
Hello sir I am planning to deposit some amount in BOI as FD so can you provide me interest rates offer by this bank.
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#2
26th March 2016, 01:57 PM
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Re: Bank of India fixed deposit interest rates
Fixed deposit interest rates are ascertained based on the banks liquidity requirements as well as market rate movements. Interest rates of FD Amount at BOI BOI Short-Term FD Rates The returns on BOIs shortest deposit term of 30 days stands at 4.5%. For deposit-periods of 60 and 90 days, the rate is 1.5% higher at 6.5%. It increases to 7% for a holding of 120 days and to 7.25% for 6 months. The 9-month scheme offers the highest short-term returns at 7.75%. BOI Medium to Long-Term FD Rates Interest rates on the banks deposits for terms 1 year to less than 2 years at a 7.75%. The rates decreased by 0.25% and is 7.5% for the tenure 2 years to less than 5 years Again get decreased by 0.25% to 7.25% for period above 5 years. BOI Senior Citizen FD Rates Senior citizens are offered a 0.5% enhancement on existing rates for tenors of 6 months and above. The rates remain unchanged for short-term holdings of 30 to 120 days. All rates indicated above are on an annual basis, compounded quarterly. Bank of India Services Personal Banking Savings Accounts Current Accounts CD Accounts Deposit Accounts Tax Saving Loans Non Resident Indian (NRI) Services Debit Cards Credit Cards Prepaid Cards Rural Banking Services Individual Investments Double Benefit Deposit FIxed Deposit Short Deposit Quarterly Deposit Monthly Deposit Recurring Deposit |