FD rates revised in this public sector bank: Up to 7.8% interest on senior citizen FDs; up to 7.3% rate for others

economictimes.indiatimes.com:

The revised FD rates have been effective from September 27, 2024.

Here’s the latest FD rates by Bank of India

Bank of India is offering a 3% interest rate on FDs maturing between 7 days and 45 days. On FDs maturing between 46 days and 179 days the bank is offering a 4.5% interest rate. The bank is offering a 6% interest rate on FDs maturing between 180 days and less than one year. The bank is offering a 6.8% interest rate on FDs maturing between one year and less than two years (except 400 days). The bank is offering 7.3% on FDs maturing in 400 days. For FDs maturing in two years, the bank is offering 6.8%. For FDs maturing between more than two years and less than three years, the bank is offering a 6.75% interest rate. For FDs maturing between three years and less than five years, the Bank of India is offering 6.5% interest rate. For FDs maturing between five years and less than eight years, the bank is offering a 6% interest rate. For FDs maturing between more than eight years and ten years, the bank is offering a 6% interest rate.

Table showing interest rates for general citizens:

Bank of India senior