Bank of India (BoI) is a nationalised public sector bank, headquartered in Mumbai, established in 1906. Its headline 1-year FD rate of 6.50% is +0.30% above the public sector average of 6.20%, ranking #1 of 12 public sector banks.
Figures marked “approx.” are rounded public estimates as of 2024.
Health indicators sourced from official 2025 disclosures. CRAR ≥ 16% = strong · Net NPA < 1% = healthy · Verify before investing.
Rates as of 18 May 2026, verified from official source. Majority Government-of-India owned — deposits insured by DICGC up to ₹5,00,000.
Estimate returns at BoI (quarterly compounding)
Rates for deposits below ₹3 crore · General vs Senior · trend over time
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
No additional super-senior premium — showing Senior rates.
Bars green where above, ink where at/below, the Post Office Time Deposit rate (sovereign-guaranteed, not DICGC-insured) at that tenure — no PO product shorter than 1 year, so shorter bars keep this bank's own color.
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
7 days to 14 days |
3.00% | — | Below ₹3 crore (retail) | |
15 days to 30 days |
3.00% | — | Below ₹3 crore (retail) | |
31 days to 45 days |
3.00% | — | Below ₹3 crore (retail) | |
46 days to 90 days |
4.50% | — | Below ₹3 crore (retail) | |
91 days to 179 days |
4.25% | — | Below ₹3 crore (retail) | |
180 days to 210 days |
5.50% | — | Below ₹3 crore (retail) | |
211 days to 269 days |
5.50% | — | Below ₹3 crore (retail) | |
270 days to less than 1 Year |
5.50% | — | Below ₹3 crore (retail) | |
1 Year |
6.50% | 7.15% | Below ₹3 crore (retail) | |
Above 1 Year to less than 2 Years |
6.50% | 7.15% | Below ₹3 crore (retail) | |
2 Years to less than 3 Years |
6.60% | 7.25% | Below ₹3 crore (retail) | |
999 days (Green Deposit) Green Deposit 999 days |
6.85% | 7.35% | Below ₹3 crore (retail) | |
3 Years |
6.70% | 7.60% | Below ₹3 crore (retail) | |
Above 3 Years to less than 5 Years |
6.25% | — | Below ₹3 crore (retail) | |
5 Years to less than 8 Years |
6.00% | — | Below ₹3 crore (retail) | |
8 years & above to up to 10 Years |
6.00% | — | Below ₹3 crore (retail) |
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
1 Year |
6.50% | 7.15% | Any amount | |
Above 1 Year to less than 2 Years |
6.50% | 7.15% | Any amount | |
2 Years to less than 3 Years |
6.60% | 7.25% | Any amount | |
3 Years |
6.70% | 7.60% | Any amount | |
Above 3 Years to less than 5 Years |
6.25% | — | Any amount | |
5 Years to less than 8 Years |
6.00% | — | Any amount | |
8 years & above to up to 10 Years |
6.00% | — | Any amount |
Rates for deposits below ₹3 crore · general vs senior citizen · trend over time
| Tenure | General | Senior | Trend | Applies to |
|---|---|---|---|---|
Any tenure |
2.75% | 2.75% | All balances |
Deposits with Bank of India are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.
Informational only — always confirm the current rate on the official BoI website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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