Bank of India revises FD interest rates: Launches 500-day fixed deposit offering 7.35% rate to senior citizens

Bank of India has revised its fixed deposit (FD) interest rates on select tenures. The new FD rates are applicable from today (Monday, November 2, 2026) on deposits of less than Rs 3 crore.

Other than that, Bank of India has also launched a 500-day special FD called BOI Akshay Deposit that offers a 7.35% interest rate to senior citizens. Let’s find out the latest Bank of India FD interest rates.

Highest Bank of India FD interest rate


Bank of India is offering its highest interest rate of 6.85% to regular citizens in its 500-day BOI Akshay Deposit. The public sector bank is offering a 7.35% rate to senior citizens on the same FD. For super senior citizens of 80 years and above, the interest rate in the 500-day FD is 7.50%. The bank says that the 500-day special FD is for a limited period.

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BOI’s 999-day Green Deposit FD interest rate

Bank of India also offers a 999-day special FD at the rate of 6.65% to regular citizens for deposits of Rs 1 lakh to less than Rs 10 crore.

Bank of India offers 6.70% interest rate on these FDs

After the rate revision, Bank of India is offering a 6.70% interest rate on its above one year to less than two years (except 500 days), two years to less than three years and three-year FDs.

The public sector bank’s next best rate of 6.60% is available on the 1-year FD.

On FDs of three years to less than five years, the FD rate is 6.25%, while on FDs of five years to less than eight years and eight years and above up to 10 years, Bank of India’s interest rate is 6% each.

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Bank of India revised FD interest rates (w.e.f. November 2, 2026)

Maturity	Deposits below ₹3 crore (% p.a.)	Deposits ₹3 crore to below ₹10 crore (% p.a.)
7 days to 14 days	3	4.5
15 days to 30 days	3	5
31 days to 45 days	3	5
46 days to 90 days	4.5	5
91 days to 179 days	4.25	5.5
180 days to 210 days	5.5	5.75
211 days to 269 days	5.5	5.75
270 days to less than 1 Year	5.5	5.75
1 Year	6.6	6.55
Above 1 Year to less than 2 Years (Except 500 Days)	6.7	6.65
500 Days (BOI Akshay Fixed Deposit)	6.85	6.65
2 Years to less than 3 Years	6.7	6.65
3 Years	6.7	5.5
Above 3 Years to less than 5 Years	6.25	5.5
5 Years to less than 8 Years	6	5.5
8 Years to up to 10 Years	6	5.5

(Source: Bank of India website)

Bank of India’s minimum FD investment

Bank of India says that the minimum term deposit investment amount is Rs 10,000. In case of earnest money, tender or a court order, the minimum amount can be less than Rs 10,000, duly supported by relevant documents, the bank states on its official website.

Bank of India FD interest rates: Senior citizens get an additional rate of 0.50%

Senior citizens aged 60 years (completed) and above but less than 80 years are eligible for an additional 0.50% interest rate on their retail term deposits for tenors of a minimum of 180 days and above but less than three years.

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Senior citizens are also eligible for an additional 0.25% rate over and above the regular 0.50% rate on their retail term deposits for tenors of three years and above and up to 10 years. In such cases, the effective eligibility of additional ROI will be 0.75% p.a.

Bank of India FD interest rates: Super senior citizens get an additional rate of 0.50%

Super senior citizens with the age of 80 years (completed) and above are eligible for an additional rate of interest of 0.65% on their retail term deposits for the tenors of a minimum of 180 days & above (but less than three years).

Super senior citizens are eligible for an additional 0.25% ROI, over and above the regular 0.65% ROI on their retail term deposits for the tenors of three years and above and up to 10 years. In such cases, the effective eligibility of additional ROI will be 0.90% p.a.

(Note: All these additional benefits to senior and super senior citizens are available on deposits of less than Rs 3 crore.)