Bank Of India Fixed Deposit Rates

Bank Of India Fixed Deposit Rates
  1. Fixed Deposit Rates In India
  2. Bank Of India Fixed Deposit Rates 2019
  1. They don’t even consider for a moment about bank failures or which is the safest bank for fixed deposit in India 2021? Now small banks, new banks and some NBFCs offer higher interest rates on FDs to customers as compared to other top banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, etc.
  2. 4 hours ago  Currently, SBI gives 5.4 percent interest on a five-year fixed deposit to the general public. Under the special FD scheme, senior citizens can get an interest rate of 6.20 percent.
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Bank of India has once again revised its fixed deposit interest rates for the deposits below Rs. 2 crore across various maturities with effect from 1st September 2019. The bank is offering an interest rate of 4.25% instead of 5.00% for fixed deposits maturing between 7 days to 45 days. See full list on bankbazaar.com.

Interest Rates - Deposit

Interest rates effective from 15/12/2020 (Percentage per Annum)
Period< Rs. 2 Cr
7 – 14 Days3.00
15 – 30 Days3.00
31 – 45 Days3.00
46 – 90 Days3.75
91 - 120 Days4.25
121 to 180 Days4.30
181 Days to <1 Year 4.50
1 Year 5.25
>1 Year to 2 Years5.30
>2 Year to 3 Years5.50
>1 Year to 3 Years-
>3 Years to 5 Years5.55
>5 Years to 10 Years 5.60
  • Interest rates are subject to change. Hence depositor will ascertain the rates as on the date of placement from the website.
  • Aggregate value of deposits placed by a depositor on the day for an identical tenor will be taken for deciding applicable interest rate.
  • For interest rates for deposits of Rs. 2 Crores and above, Please contact our nearest branch.
Interest is calculated on daily product basis and is credited on quarterly basis in the months of April, July, October and January every year.
Saving Bank deposits rates w.e.f. 31.03.2020
On balance upto & including Rs. 25.00 lakhs3.00% p.a.
On balance above Rs. 25.00 lakhs

Fixed Deposit Rates In India

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Bank Of India Fixed Deposit Rates 2019