Calculate Bank of India Fixed Deposit maturity amount. FD rates from 6.25% to 7.05% p.a.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Bank of India offers Fixed Deposits across multiple tenures. Special scheme: Star Sunidhi - 7.30% for 400 days. Interest is compounded quarterly.
| Tenure | General Rate | Senior Rate | Maturity (₹1L) |
|---|---|---|---|
| 6 Months | 6.25% | 6.75% | ₹1,03,149 |
| 1 Year | 6.8% | 7.3% | ₹1,06,975 |
| 2 Years | 7.05% | 7.55% | ₹1,15,001 |
| 3 Years | 6.75% | 7.25% | ₹1,22,239 |
| 5 Years | 6.5% | 7% | ₹1,38,042 |
Bank of India offers FD rates ranging from 6.25% to 7.05% p.a. for general citizens. Senior citizens get an additional 0.50% benefit.
The best Bank of India FD rate for general citizens is 7.05% p.a. for 2 Years tenure, and 7.55% for senior citizens.
The minimum deposit amount for Bank of India Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Bank of India offers: Star Sunidhi - 7.30% for 400 days. Check with the bank for the latest offers.
Yes, Bank of India FDs are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to \u20B95 Lakh per depositor per bank.