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September 19th, 2016, 12:30 PM
Super Moderator
 
Join Date: Mar 2012
Re: Bank of India FD

A famous open organization in the Indian managing an account space, Bank of India offers appealing retail settled return speculation arrangements as altered stores. These FD plans are created to suit changing venture courses of events with holding periods extending from short to medium to long haul.

Settled store loan fees are determined in view of the banks liquidity necessities and additionally advertise rate developments. Continuous changes make it troublesome for speculators to discover development sums. The above table mirrors the most recent rates accordingly empowering constant examination.

BOI Short-Term FD Rates

In accordance with what most banks offer, the profits on BOIs briefest store term of 30 days remains at 4.5%. For store times of 60 and 90 days, the rate is 1.5% higher at 6.5%. It increments to 7% for a holding of 120 days and to 7.25% for 6 months.

The 9-month plan offers the most astounding fleeting returns at 7.75%.

BOI Medium to Long-Term FD Rates

Financing costs on the banks stores for terms 1 year to under 2 years at a 7.75%. The rates diminished by 0.25% and is 7.5% for the residency 2 years to under 5 years. Again get diminished by 0.25% to 7.25% for period above 5 years.

The redesigned rundown of BOI Fixed Deposit Interest Rates, per particular residencies, is recorded beneath:

Duration of Deposit
Regular Deposit (below Rs 1 crore)

7 days to 14 days
4

15 days to 30 days
4.25

31 days to 45 days
4.25

46 days to 90 days
6.5

91 days to 120 days
6.75

121 days to 179 days
6.75

180 days to 269 days
7.25

270 days to less than 1 year
7.3

1 Year & above to less than 2 Yrs
7.3

2 years & above to less than 3 years
7.3

3 years & above to less than 5 years
7.3

5 years & above to less than 8 years
7.25

8 years & above to 10 years
7.25

BOI Senior Citizen FD Rates
Senior citizens are offered a 0.5% augmentation on existing rates for tenors of 6 months and above. The rates remain unchanged for short-term deposits of 30 to 120 days.


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