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26th March 2016, 01:57 PM
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Join Date: May 2012
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


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