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Boi fd interest rates 2024: After the revision
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After the revision, Bank of India offers interest rates from 3% to 7.30% for fixed deposits , as per the official website of Bank of India. The new rates are applicable from August 1, 2024 . Bank of India FD interest rates 2025 offer flexible investment options, assured returns, and added benefits. Check the latest FD interest rates , tax-saving features, and comparisons with other top banks. FD interest rate up to 8.1%: Bank of India is offering a higher interest rate for a 400-day fixed deposit tenure on amounts below Rs 3 crore. These revised FD rates will be in effect starting from September 27, 2024 . Benefits of Bank of India ( BOI ) Fixed Deposit 1. Tenure: It provides fixed deposits with a minimum tenure of 7 days and a maximum tenure of 10 years. 2. Minimum Investment: The minimum investment to open an FD with BOI is Rs.10,000 for metro and urban branches and Rs.5,000 for rural and semi-urban branches. 3. Rate of Interest : BOI FD interest rates range from 3.25% to 5.30%, with elderly people receiving an extra 0.50%. In the case of senior citizen deposits of 5 years or more, an extra ...
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