Bank of India FD interest rates 2026 range from 3.00% to 6.70% p.a. for general citizens and 3.00% to 7.10% p.a. for senior citizens. The tenure ranges from 7 days to 10 years. Special schemes, like the Green Deposit with a 999-day tenure, offer 6.50% p.a. for amounts below ₹10 crore.
With Guaranteed Return Plans, you can get predictable fixed returns and the advantage of life insurance cover. They suit risk-averse investors who want to have a secure source of finance and secure their loved ones.
A Bank of India Fixed Deposit is a secure investment offering guaranteed returns across flexible tenures from 7 days to 10 years. Schemes like the 'Star Swarnim' provide peak interest rates of up to 6.60% for the general citizens and 7.10% for senior citizens, outperforming traditional savings accounts.
The Bank of India NRE account is designed for NRIs to invest their foreign earnings in Indian Rupees with ease, with tax-free growth and full repatriability of funds. For managing domestic earnings like rent or dividends, the Bank of India NRO account serves as the essential bridge for your financial life in India.
7 days to 10 years
Rs 5,000
NIL
Up to 90% of the loan amount
Up to 1% penalty
0.5% higher than usual
quarterly, annually, or monthly
Available
Yes Applicable
The revised Bank of India fixed deposit rates are effective from May 18, 2026, with the highest rate on its 450-day tenure (Star Swarnim) of up to 6.70% p.a. for general citizens and 7.45% p.a. for senior citizens.
Here's a detailed overview of Bank of India FD rates for various investment amounts and tenures, effective from 18th May, 2026. It's essential to compare these rates with other options, such as Tax-Saving FD schemes, to maximise benefits.
| Tenure | Regular Rates | Senior Citizen |
| 7 Days to 14 Days | 3.00% | 3.00% |
| 15 Days to 30 Days | 3.00% | 3.00% |
| 31 Days to 45 Days | 3.00% | 3.00% |
| 46 Days to 90 Days | 4.50% | 4.50% |
| 91 Days to 179 Days | 4.25% | 4.25% |
| 180 Days to 210 Days | 5.50% | 6.00% |
| 211 Days to 269 Days | 5.50% | 6.00% |
| 270 Days to 364 Days | 5.50% | 6.00% |
| 365 Days to 365 Days | 6.25% | 6.75% |
| 450 Days to 450 Days | 6.45% | 6.95% |
| 366 Days to 729 Days | 6.30% | 6.80% |
| 777 Days to 777 Days | 6.60% | 7.10% |
| 730 Days to 1094 Days | 6.30% | 6.80% |
| 1095 Days to 1824 Days | 6.25% | 7.00% |
| 1825 Days to 2919 Days | 6.00% | 6.75% |
| 2920 Days to 3650 Days | 6.00% | 6.75% |
| Maturity Period | General Citizens | Senior Citizens |
| 7 days to 14 days | 4.5 | 5.25 |
| 15 days to 30 days | 5 | 5.75 |
| 31 days to 45 days | 5 | 5.75 |
| 46 days to 90 days | 5 | 5.75 |
| 91 days to 179 days | 5.5 | 6.25 |
| 180 days to 210 days | 5.75 | 6.50 |
| 211 days to 269 days | 5.75 | 6.50 |
| 270 days to less than 1 Year | 5.75 | 6.50 |
| 1 Year | 6.25 | 7.00 |
| Above 1 Year to less than 2 Years | 6.25 | 7.00 |
| 450 Days (Star Swarnim) | 6.25 | 7.00 |
| 2 Years to less than 3 Years | 6 | 6.75 |
| 3 Years to less than 5 Years | 5.5 | 6.25 |
| 5 Years to less than 8 Years | 5.5 | 6.25 |
| 8 years & above to up to 10 Years | 5.5 | 6.25 |
Bank of India FD interest rates as of May 18, 2026.
| Bank Name | Lowest Rate | Highest Rate |
| State Bank Of India | 3.05% | 6.6% |
| ICICI Bank | 2.75% | 6.6% |
| HDFC Bank | 2.75% | 6.6% |
| Axis Bank | 3% | 6.6% |
| Punjab National Bank | 3% | 6.6% |
| Kotak Mahindra Bank | 2.75% | 6.6% |
| Yes Bank | 3.25% | 7.75% |
| IndusInd Bank | 3.25% | 7% |
| Indian Bank | 2.8% | 6.7% |
| Union Bank of India | 3.4% | 4.4% |
| Bank of India | 3% | 6.6% |
| Canara Bank | 4% | 7.25% |
| IDFC Bank | 3% | 6.6% |
| IDBI Bank | 3% | 6.65% |
| Central Bank of India | 3.5% | 6.75% |
| Punjab and Sind Bank | 3% | 6.7% |
| UCO Bank | 2.75% | 5% |
| RBL Bank | 3.5% | 7.2% |
| PNB Housing Finance | 3.25% | 6.6% |
| Federal Bank | 3% | 6.7% |
| Bandhan Bank | 2.95% | 7.2% |
| South Indian Bank | 2.9% | 6.6% |
| Karur Vysya Bank | 4% | 6.65% |
| Tamilnad Mercantile Bank | 4% | 7.05% |
| Karnataka Bank | 3.5% | 6.65% |
| DBS Bank | 2.75% | 6.55% |
| Abhyudaya Cooperative Bank | 3.75% | 6.35% |
| Shriram Finance Ltd | 6.79% | 7.35% |
| Bajaj Finance Ltd | 6.6% | 6.95% |
| Mahindra Finance Ltd | 6.4% | 6.8% |
| AU Small Finance Bank | 3.5% | 7.1% |
| Fincare Small Finance | 3% | 8.61% |
| Utkarsh | 4% | 7.65% |
| Unity Small Finance Bank | 4% | 6.75% |
| Suryoday Small Finance Bank | 4% | 8.05% |
| DCB Bank | 3.75% | 7.2% |
| ESAF Small Finance bank | 2.75% | 7.6% |
| Karnataka Grameena Bank | 3.25% | 6.85% |
| North East Small Finance bank | 3.5% | 7.75% |
| Saraswat Bank | 3.25% | 6.8% |
| Shivalik Small Finance Bank | 3.5% | 7.3% |
| Ujjivan Small Finance Bank | 5.5% | 7.25% |
*FD interest rates w.e.f. June 2026 (for general public, domestic FDs < ₹3 Cr).
You can enjoy some major benefits when you open a Bank of India FD. A few of them are mentioned below:
A Bank of India (BOI) fixed deposit is a secure and reliable investment option for individuals looking to grow their savings with assured returns. You can open a BOI FD account for a lump sum amount for a fixed tenure and earn interest on it.
Existing Bank of India customers can easily open an FD account online through the bank's digital platforms.
If you prefer a traditional approach, you can visit your nearest Bank of India branch to open an FD account.
Fixed deposit accounts can be opened by the following eligible people -
Bank of India offers Fixed Deposit schemes with flexible tenures ranging from 7 days to 10 years and attractive interest rates, around 3.00% to 6.70% p.a. for general citizens and up to 7.45% p.a. for senior citizens. BOI FD schemes with facilities such as loans against deposits, premature withdrawal, and a tax-saving option under the Star Sunidhi Tax-Saving Deposit Scheme qualify for deductions under Section 80C. These deposits offer a safe investment option with assured returns and additional benefits for senior and super senior citizens.
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Bank of Maharashtra offers Foreign Currency Non-Resident (FCNR)
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The Fixed Deposits or FDs of Banks are one of the most popular
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
* The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
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