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Bank of India

Fixed Deposit Rates

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a) For domestic deposits - Less than Rs. 1 cr (last revised on Dec 28, 2015)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Less than Rs. 1 cr

4.00

4.50

Calculate
15 days to 30 days Less than Rs. 1 cr

4.25

4.75

Calculate
31 days to 45 days Less than Rs. 1 cr

4.25

4.75

Calculate
46 days to 90 days Less than Rs. 1 cr

6.50

7.00

Calculate
91 days to 120 days Less than Rs. 1 cr

6.75

7.25

Calculate
121 days to 179 days Less than Rs. 1 cr

6.75

7.25

Calculate
180 days to 269 days Less than Rs. 1 cr

7.25

7.75

Calculate
270 days to Less than 1 Year Less than Rs. 1 cr

7.30

7.80

Calculate
1 Year & above to less than 2 years Less than Rs. 1 cr

7.30

7.80

Calculate
2 years & above to less than 3 years Less than Rs. 1 cr

7.30

7.80

Calculate
3 Years & above to less than 5 years Less than Rs. 1 cr

7.30

7.80

Calculate
5 years & above and less than 8 years Less than Rs. 1 cr

7.25

7.75

Calculate
8 years & above to 10 years Less than Rs. 1 cr

7.25

7.75

Calculate

b) For domestic deposits - Rs. 1 cr and above to less than Rs. 10 cr (last revised on Dec 28, 2015)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Rs. 1 cr and above to less than Rs. 10 cr

4.25

N.A

Calculate
15 days to 30 days Rs. 1 cr and above to less than Rs. 10 cr

4.50

N.A

Calculate
31 days to 45 days Rs. 1 cr and above to less than Rs. 10 cr

4.50

N.A

Calculate
46 days to 90 days Rs. 1 cr and above to less than Rs. 10 cr

6.50

N.A

Calculate
91 days to 120 days Rs. 1 cr and above to less than Rs. 10 cr

6.75

N.A

Calculate
121 days to 179 days Rs. 1 cr and above to less than Rs. 10 cr

6.75

N.A

Calculate
180 days to 269 days Rs. 1 cr and above to less than Rs. 10 cr

7.00

N.A

Calculate
270 days to Less than 1 Year Rs. 1 cr and above to less than Rs. 10 cr

7.00

N.A

Calculate
1 Year & above to less than 2 years Rs. 1 cr and above to less than Rs. 10 cr

7.00

N.A

Calculate
2 years & above to less than 3 years Rs. 1 cr and above to less than Rs. 10 cr

7.00

N.A

Calculate
3 Years & above to less than 5 years Rs. 1 cr and above to less than Rs. 10 cr

7.00

N.A

Calculate
5 years & above and less than 8 years Rs. 1 cr and above to less than Rs. 10 cr

7.00

N.A

Calculate
8 years & above to 10 years Rs. 1 cr and above to less than Rs. 10 cr

7.00

N.A

Calculate

c) For domestic deposits - Rs. 10 cr and above (last revised on Nov 10, 2015)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Rs. 10 cr and above

4.50

N.A

Calculate
15 days to 30 days Rs. 10 cr and above

4.50

N.A

Calculate
31 days to 45 days Rs. 10 cr and above

4.50

N.A

Calculate
46 days to 90 days Rs. 10 cr and above

6.00

N.A

Calculate
91 days to 179 days Rs. 10 cr and above

6.25

N.A

Calculate
180 days to 269 days Rs. 10 cr and above

6.50

N.A

Calculate
270 days to Less than 363 days Rs. 10 cr and above

6.75

N.A

Calculate
364 days to 13 months Rs. 10 cr and above

6.90

N.A

Calculate
above 13 months to less than 2 years Rs. 10 cr and above

6.75

N.A

Calculate
2 years to less than 3 years Rs. 10 cr and above

6.75

N.A

Calculate
3 Years to less than 5 years Rs. 10 cr and above

6.75

N.A

Calculate
5 years to less than 8 years Rs. 10 cr and above

6.75

N.A

Calculate
8 years and above up to 10 years Rs. 10 cr and above

6.75

N.A

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
Star Sunidhi Tax-Saving Deposit Scheme - 5 years to 10 Years Upto Rs. 1 lakh

7.25

7.75

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRO of India - Less than Rs. 1 cr (last revised on Dec 28, 2015)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Less than Rs. 1 cr 4.00 Calculate
15 days to 30 days Less than Rs. 1 cr 4.25 Calculate
31 days to 45 days Less than Rs. 1 cr 4.25 Calculate
46 days to 90 days Less than Rs. 1 cr 6.50 Calculate
91 days to 120 days Less than Rs. 1 cr 6.75 Calculate
121 days to 179 days Less than Rs. 1 cr 6.75 Calculate
180 days to 269 days Less than Rs. 1 cr 7.25 Calculate
270 days to Less than 1 Year Less than Rs. 1 cr 7.30 Calculate
1 Year & above to less than 2 years Less than Rs. 1 cr 7.30 Calculate
2 years & above to less than 3 years Less than Rs. 1 cr 7.30 Calculate
3 Years & above to less than 5 years Less than Rs. 1 cr 7.30 Calculate
5 years & above and less than 8 years Less than Rs. 1 cr 7.25 Calculate
8 years & above to 10 years Less than Rs. 1 cr 7.25 Calculate

b) For NRO of India - Rs. 1 cr and above to less than Rs. 10 cr (last revised on Dec 28, 2015)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Rs. 1 cr and above to less than Rs. 10 cr 4.25 Calculate
15 days to 30 days Rs. 1 cr and above to less than Rs. 10 cr 4.50 Calculate
31 days to 45 days Rs. 1 cr and above to less than Rs. 10 cr 4.50 Calculate
46 days to 90 days Rs. 1 cr and above to less than Rs. 10 cr 6.50 Calculate
91 days to 120 days Rs. 1 cr and above to less than Rs. 10 cr 6.75 Calculate
121 days to 179 days Rs. 1 cr and above to less than Rs. 10 cr 6.75 Calculate
180 days to 269 days Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate
270 days to Less than 1 Year Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate
1 Year & above to less than 2 years Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate
2 years & above to less than 3 years Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate
3 Years & above to less than 5 years Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate
5 years & above and less than 8 years Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate
8 years & above to 10 years Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate

c) For NRO of India - Rs. 10 cr and above (last revised on Nov 10, 2015)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Rs. 10 cr and above 4.50 Calculate
15 days to 30 days Rs. 10 cr and above 4.50 Calculate
31 days to 45 days Rs. 10 cr and above 4.50 Calculate
46 days to 90 days Rs. 10 cr and above 6.00 Calculate
91 days to 179 days Rs. 10 cr and above 6.25 Calculate
180 days to 269 days Rs. 10 cr and above 6.50 Calculate
270 days to Less than 363 days Rs. 10 cr and above 6.75 Calculate
364 days to 13 months Rs. 10 cr and above 6.90 Calculate
above 13 months to less than 2 years Rs. 10 cr and above 6.75 Calculate
2 years to less than 3 years Rs. 10 cr and above 6.75 Calculate
3 Years to less than 5 years Rs. 10 cr and above 6.75 Calculate
5 years to less than 8 years Rs. 10 cr and above 6.75 Calculate
8 years and above up to 10 years Rs. 10 cr and above 6.75 Calculate

a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Dec 28, 2015)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 Year & above to less than 2 years Less than Rs. 1 cr 7.30 Calculate
2 years & above to less than 3 years Less than Rs. 1 cr 7.30 Calculate
3 Years & above to less than 5 years Less than Rs. 1 cr 7.30 Calculate
5 years & above up to 10 years Less than Rs. 1 cr 7.25 Calculate

b) For NRE Fixed Deposit - Rs. 1 cr and above to less than Rs. 10 cr (last revised on Dec 28, 2015)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 Year & above to less than 2 years Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate
2 years & above to less than 3 years Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate
3 Years & above to less than 5 years Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate
5 years & above up to 10 years Rs. 1 cr and above to less than Rs. 10 cr 7.00 Calculate

c) For NRE Fixed Deposit - Rs. 10 cr and above (last revised on Nov 10, 2015)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
365 days to 13 months Rs. 10 cr and above 6.90 Calculate
above 13 months to less than 2 years Rs. 10 cr and above 6.75 Calculate
2 years to less than 3 years Rs. 10 cr and above 6.75 Calculate
3 Years to less than 5 years Rs. 10 cr and above 6.75 Calculate
5 years to less than 8 years Rs. 10 cr and above 6.75 Calculate
8 years and above up to 10 years Rs. 10 cr and above 6.75 Calculate
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