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PSU bank

Bank of India FD rates

The highest rate Bank of India publishes today is 6.85% for 999 Days. All 21 published terms are below, exactly as the bank states them.

Bank of India currently publishes 2 rate cards with different effective dates1 Jun 2026 and 18 May 2026. They are shown as separate tables below rather than merged, because a single blended table would be a rate card this bank never issued.

Published terms

21

distinct rows on the bank’s own rate card

Rate range

3.00% – 6.85%

lowest to highest across all terms

Senior citizen premium

+0 to +75 bps

extra rate over the general card, by term

Bank type

PSU

as classified by the RBI

Fixed deposit · 16 terms

Source: Bank of India interest-rate page

Card effective 1 Jun 2026 · 1 term

TenureRateAmount
999 Days6.85%₹10,000 – ₹3.00 Cr

Card effective 18 May 2026 · 15 terms

TenureRateAmount
7 to 14 Days3.00%₹10,000 – ₹3.00 Cr
15 to 30 Days3.00%₹10,000 – ₹3.00 Cr
31 to 45 Days3.00%₹10,000 – ₹3.00 Cr
46 to 90 Days4.50%₹10,000 – ₹3.00 Cr
91 to 179 Days4.25%₹10,000 – ₹3.00 Cr
180 to 210 Days5.50%₹10,000 – ₹3.00 Cr
211 to 269 Days5.50%₹10,000 – ₹3.00 Cr
270 Days to < 1 Year5.50%₹10,000 – ₹3.00 Cr
1 Year6.50%₹10,000 – ₹3.00 Cr
> 1 to < 2 Years6.50%₹10,000 – ₹3.00 Cr
2 to < 3 Years6.60%₹10,000 – ₹3.00 Cr
3 Years6.70%₹10,000 – ₹3.00 Cr
> 3 to < 5 Years6.25%₹10,000 – ₹3.00 Cr
5 to < 8 Years6.00%₹10,000 – ₹3.00 Cr
8 to 10 Years6.00%₹10,000 – ₹3.00 Cr

Other fixed deposits at Bank of India

Same bank, different rules on breaking the deposit and on tax. Each carries its own rate card, its own effective date, and a link to the page it came from.

Non-callable fixed deposit

Source: Bank of India interest-rate page — the bank's general rate page, not a dedicated one

Cannot be withdrawn before maturity. Banks usually pay more for that, and the minimum is usually higher.

TenureRateAmountEffective
1 Year6.65%₹1.00 Cr – ₹3.00 Cr18 May 2026
> 1 to < 2 Years6.65%₹1.00 Cr – ₹3.00 Cr18 May 2026
2 to < 3 Years6.75%₹1.00 Cr – ₹3.00 Cr18 May 2026
3 Years6.85%₹1.00 Cr – ₹3.00 Cr18 May 2026

Tax-saver fixed deposit

Source: Bank of India tax-saver fixed deposit page

Qualifies for the Section 80C deduction and carries a 5-year lock-in. It cannot be broken early.

TenureRateAmountEffective
5 Years6.25%₹10,000 – ₹1.50 L18 May 2026
Senior citizen rates. Bank of India publishes a separate senior card. Most banks add a premium; some pay the same rate on the longest terms. See every senior citizen term →
Super senior (80+) rates. Bank of India publishes a separate 80+ band. See every super senior term →

Opening a fixed deposit with Bank of India

Bank of India publishes 21 separate terms for ordinary depositors, starting from ₹10,000. The highest is 6.85% at 999 Days.

Read the term column before you commit. Banks price odd terms deliberately — this one lists 7 to 14 Days, and asking for a round number instead can put you in a lower bucket. The rate you get is the one printed against the term you actually book.

You can usually open a deposit inside BOI Mobile, at a branch, or through net banking. Eligibility, documents and premature-withdrawal penalties are set by Bank of India and change without notice, so read their deposit terms & conditions. We publish rates, not advice.

Passbook saysRates come from Bank of India's own published rate card, with the date the bank made them effective. We never estimate a rate, and never show one the bank has not published.