Bank of India is offering the highest interest rate of 7.67% on deposits of Rs 10 crore and above for a tenure of 1 year. The bank is offering an interest rate of 6.8% on FDs up to Rs 2 crore for a tenure of 1 year.
Bank of India has launched ‘666 days special fixed deposit’ scheme. In this FD scheme, super senior citizens will get interest at the rate of 7.95% on deposits less than Rs 2 crore. Super senior citizens are those whose age is 80 years or more. At the same time, senior citizens will get 7.8% interest per annum. Common people will get 7.3% interest per annum in this special FD scheme. This FD scheme has become effective from June 1, 2024.
Loan and early withdrawal facility available
In this FD scheme, investors will get the facility of loan and premature withdrawal. Customers can visit any Bank of India branch or use BOI Omni Neo app/internet banking to open this special fixed deposit scheme. Bank of India FD schemes offer interest rates ranging from 3% to 7.67% with tenures ranging from 7 days to 10 years.
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These are also better options of FD
Bank of India is offering the highest interest rate of 7.67% on FDs of Rs 10 crore and above for a period of 1 year. The bank is offering an interest rate of 6.8% on FDs up to Rs 2 crore for a period of 1 year. For FDs above Rs 2 crore but less than Rs 10 crore for a period of 1 year, the rate is 7.25%.
