Bank of India Fixed Deposit Interest Rates

Bank of India FD Interest Rates: The Bank of India is one of the leading commercial banks in India. It is having its headquarters in Mumbai, Maharashtra. It is founded in the year 1906. It is a government-owned bank having 4828 branches in and outside the country. It also has 56 offices outside India, which includes five subsidiaries, five representative offices, and one joint venture. It is very well known bank for its excellent services over the years in various aspects. It is having more number of employees and wide network across the globe. It is growing rapidly in the past few years.

BOI provides facility for provision of cost-effective financial processing and communication services. The fixed deposits are considered to be very safe investments. BOI offers some of the better FD schemes in the country having features and interest rates that are very competitive and make for some of the best savings solutions. It is always a good option to make some extra money with the hard earned money through bank of India fixed deposit.

It is very important to note that banks may offer lesser interest rates under uncertain economic conditions. It also gives various products and services to the customers like Deposits, Loans and Advances, Insurance Products, E-Tax Payment, Rate of Interest on Advances, Mutual Fund Products, Debit Cards, Credit Cards, Electronic Funds Transfer, Internet and Mobile Banking, Tele banking, Rate of Interest on Deposits, Any Where Banking and many other services.

The updated interest rates should be made applicable to new deposits and renewals of maturing deposits. The Senior citizens will also be given 0.5 % more interest rates.

BOI FD Interest Rates Given Below:


BOI Interest Rates for Fixed deposits (Domestic / NRO):

BOI Interest Rates for Fixed deposits for Domestic and NRO

Above 10 Crore Deposits (Domestic/NRO deposits):

Above 10 Crore Deposits for Domestic and NRO deposits

NRI Deposit Rates:

NRI Deposit Rates
The Bank of India is providing highest interest rates depending on the deposit rates and the time period of deposit. The interest rates are subject to change from the time to time. The applicable interest rates will be given as on the date or time of receipt of the funds by the bank. The interest rate will be more for Long term fixed deposits. 

The Interest Rates Below One Crore:

BOI gives 4 to 4.25 % interest rate for fixed deposit of 7 to 30 Days, 4.25 to 6.75 % interest rates for fixed deposit of 30 to 180 Days, 6.75 to 7.30 % interest rate for 180 days to 1 year, 7.30 % interest Rate For 1 Year to 3 Years, 7.30 to 7.25 % interest rate for 3 years to 10 years.

The Interest Rates Above One Crore:

BOI gives 4.25 to 4.5 % interest rate for fixed deposit of 7 to 30 Days, 4.5 to 6.75 % interest rates for fixed deposit of 30 to 180 Days, 6.75 to 7.00 % interest rate for 180 days to 1 year, 7 % interest Rate For 1 Year to 3 Years. 7 % interest rate for 3 years to 10 years.

For more details: http://www.bankofindia.co.in/english/RupeeTermDeposit.aspx
Bank of India Fixed Deposit Interest Rates Bank of India Fixed Deposit Interest Rates Reviewed by amara sangati for Rating: 5