Bank Of India FD Interest Rates

Bank of India (BOI) Term Deposit Rates: Less than Rs. 2 crore

Tenure Interest rate for general public (p.a.) Interest rate for senior citizens (p.a.)
7 days to 14 days 2.85% 2.85%
15 days to 30 days 2.85% 2.85%
31 days to 45 days 2.85% 2.85%
46 days to 90 days 3.85% 3.85%
91 days to 179 days 3.85% 3.85%
180 days to 269 days 4.35% 4.85%
270 days to less than 1 year 4.35% 4.85%
1 year and above to less than 2 years 5.00% 5.50%
2 years and above to less than 3 years 5.05% 5.55%
3 years and above to less than 5 years 5.05% 5.55%
5 years and above to less than 8 years 5.05% 5.55%
8 years and above to 10 years 5.05% 5.55%

Note: The interest rates are applicable w.e.f. from 1 November 2021.

Bank of India Bulk Term Deposit Interest Rates

Tenure Rs.2 crore to less than Rs.10 crore
7 days to 14 days 3.00%
15 days to 30 days 3.00%
31 days to 45 days 3.00%
46 days to 90 days 3.20%
91 days to 179 days 3.25%
180 days to 269 days 3.25%
270 days to less than 1 year 3.25%
1 year and above to less than 2 years 3.50%
2 years and above to less than 3 years 3.50%
3 years and above to less than 5 years 3.50%
5 years and above to less than 8 years 3.50%
8 years and above to 10 years 3.50%

Note: The interest rates are applicable w.e.f. from 1 November 2021.

Bank of India (BOI) Tax Saving FD Rates – Star Sunidhi Tax Saving Deposit Scheme

Tenure FD rates for General Public (p.a.) FD Rates for Senior Citizens (p.a.)
5 years to 10 years 5.05% 5.55%

Bank of India (BOI) NRI FD Rates

Interest Rate for NRO Deposits of Less than Rs.2 crore

Tenure Interest rate for general public (p.a.) Interest rate for senior citizens (p.a.)
7 days to 14 days 2.85% 2.85%
15 days to 30 days 2.85% 2.85%
31 days to 45 days 2.85% 2.85%
46 days to 90 days 3.85% 3.85%
91 days to 179 days 3.85% 3.85%
180 days to 269 days 4.35% 4.85%
270 days to less than 1 year 4.35% 4.85%
1 year and above to less than 2 years 5.00% 5.50%
2 years and above to less than 3 years 5.05% 5.55%
3 years and above to less than 5 years 5.05% 5.55%
5 years and above to less than 8 years 5.05% 5.55%
8 years and above to 10 years 5.05% 5.55%

Note: The interest rates are applicable w.e.f. from 1 November 2021.

BOI Interest Rate for NRE Deposits

Tenure Deposits less than Rs.2 Cr Rs.2 Cr & above but less than Rs.10 Cr
1 year to less than 2 years 5.00% 3.50%
2 years to less than 3 years 5.05% 3.50%
3 years to less than 5 years 5.05% 3.50%
5 years to less than 10 years 5.05% 3.50%
8 years to 10 years 5.05% 3.50%

Note: The interest rates are applicable w.e.f. from 1 November 2021.

Bank of India FCNR (B) Interest Rates

The BOI Foreign Currency Non to Resident (Bank) Deposit interest rates* for corresponding foreign currency** can be found below:

Tenure FCNR (B) FD rates (per annum)
GBP JPY USD EUR CAD AUD
1 year to less than 2 years 0.79 0.49 0.92 0.00 1.07 0.61
2 years to less than 3 years 0.94 0.49 1.04 0.02 1.31 0.71
3 years to less than 4 years 1.05 0.49 1.24 0.06 1.52 0.91
4 years to less than 5 years 1.12 0.49 1.42 0.11 1.68 1.07
5 years 1.17 0.49 1.55 0.16 1.79 1.26

Note: The interest rates are applicable w.e.f. from 1 November 2021.

*GBP to Pound Sterling, USD to US Dollar, CAD to Canadian Dollar, JPY to Japanese Yen and AUD to Australian Dollar.

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