Banks »FD »Fixed Deposit Interest Rates of Bank of India
Bank of India - Fixed Deposit Interest Rates
Submitted By Nimmy Sunil on 26 February 2023
Banks »FD »Fixed Deposit Interest Rates of Bank of India
Submitted By Nimmy Sunil on 26 February 2023
Bank offers 7.05% interest for 444 days special deposit .
| Maturity | Rate of Interest % (p.a.) | Annualized Rate of Return at minimum of the maturity bucket % |
|---|---|---|
| 1 Year to less than 2 Years (except 444 Days) | 6.00 | 6.14 |
| 444 days | 7.05 | 7.24 |
| 2 Years to less than 3 Years | 6.75 | 7.16 |
| 3 Years to less than 5 Years | 6.50 | 7.11 |
| 5 Years to less than 8 Years | 6.00 | 6.94 |
| 8 years & above to 10 Years | 6.00 | 7.63 |
| Maturity | Rate of Interest % (p.a.) | Annualized Rate of Return at minimum of the maturity bucket % |
|---|---|---|
| 1 Year to less than 2 Years (except 444 Days) | 6.25 | 6.40 |
| 444 days | 6.25 | 6.40 |
| 2 Years to less than 3 Years | 4.50 | 4.68 |
| 3 Years to less than 5 Years | 4.50 | 4.68 |
| 5 Years to less than 8 Years | 4.50 | 4.68 |
| 8 years & above to 10 Years | 4.50 | 4.79 |
| Maturity | For Deposits of Less than Rs.2 Cr. | For deposits of Rs.2 Cr & above but less than Rs.10 Cr |
|---|---|---|
| Rate w.e.f 10.01.2023 | Rate w.e.f 20.08.2022 | |
| 1 Year to less than 2 Years (except 444 Days) | 6.00 | 6.25 |
| 444 days | 7.05 | 6.25 |
| 2 Years to less than 3 Years | 6.75 | 4.50 |
| 3 Years to less than 5 Years | 6.50 | 4.50 |
| 5 Years to less than 8 Years | 6.00 | 4.50 |
| 8 years & above to 10 Years | 6.00 | 4.50 |
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