PSU bank · typically 60 years and above
Bank of India Senior Citizen rates
The highest senior citizen rate Bank of India publishes today is 7.35% for 999 Days. All 21 published terms are below, exactly as the bank states them.
Effective from 18 May 2026 — the date Bank of India published these rates, not the date we read them.
Published terms
21
distinct rows on the bank’s own rate card
Rate range
3.00% – 7.35%
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| Tenure | Senior Citizen rate | General | Premium | Amount | Effective |
|---|---|---|---|---|---|
| 7 to 14 Days | 3.00% | 3.00% | same | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 15 to 30 Days | 3.00% | 3.00% | same | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 31 to 45 Days | 3.00% | 3.00% | same | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 46 to 90 Days | 4.50% | 4.50% | same | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 91 to 179 Days | 4.25% | 4.25% | same | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 180 to 210 Days | 6.00% | 5.50% | +50 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 211 to 269 Days | 6.00% | 5.50% | +50 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 270 Days to < 1 Year | 6.00% | 5.50% | +50 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 1 Year | 7.00% | 6.50% | +50 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| > 1 to < 2 Years | 7.00% | 6.50% | +50 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 2 to < 3 Years | 7.10% | 6.60% | +50 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 999 Days | 7.35% | 6.85% | +50 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 3 Years | 7.20% | 6.70% | +50 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| > 3 to < 5 Years | 7.00% | 6.25% | +75 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 5 to < 8 Years | 6.75% | 6.00% | +75 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
| 8 to 10 Years | 6.75% | 6.00% | +75 bps | ₹10,000 – ₹3.00 Cr | 18 May 2026 |
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Source: Bank of India interest-rate page — the bank's general rate page, not a dedicated oneCannot be withdrawn before maturity. Banks usually pay more for that, and the minimum is usually higher.
| Tenure | Senior Citizen rate | General | Premium | Amount | Effective |
|---|---|---|---|---|---|
| 1 Year | 7.15% | 6.65% | +50 bps | ₹1.00 Cr – ₹3.00 Cr | 18 May 2026 |
| > 1 to < 2 Years | 7.15% | 6.65% | +50 bps | ₹1.00 Cr – ₹3.00 Cr | 18 May 2026 |
| 2 to < 3 Years | 7.25% | 6.75% | +50 bps | ₹1.00 Cr – ₹3.00 Cr | 18 May 2026 |
| 3 Years | 7.35% | 6.85% | +50 bps | ₹1.00 Cr – ₹3.00 Cr | 18 May 2026 |
Tax-saver fixed deposit
Source: Bank of India tax-saver fixed deposit pageQualifies for the Section 80C deduction and carries a 5-year lock-in. It cannot be broken early.
| Tenure | Senior Citizen rate | General | Premium | Amount | Effective |
|---|---|---|---|---|---|
| 5 Years | 7.00% | not published | — | ₹10,000 – ₹1.50 L | 18 May 2026 |
Opening a fixed deposit with Bank of India
Bank of India publishes 21 separate terms for senior citizens, starting from ₹10,000. The highest is 7.35% 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.