Bank of India FD

Bank of India Reduces FD Rates, Changes Fixed Deposit Terms

Deposits for one year would get an interest rate of 7.05% while those above 1 year up to 2 years would get 6.75%. The deposit in the amount bucket of 3 crores to less than Rs 10 Crs, Bank will be offering 5.75% for deposits maturing between 91 days and 179 days, 6.25% for 180 days to up to 210 days, and 6.50% for deposits of 211 days to less than one year.