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

FD interest rate up to 8.1%: Bank of India launches new FD tenure; who can invest, interest rates These revised FD rates will be in effect starting from September 27, 2024

Bank of India has introduced a special 400-day fixed deposit tenure for amounts less than Rs 3 crore at a higher rate of interest. These FD rates are effective from September 27, 2024.

#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}

Special FD interest rate

The bank offers higher interest rate of 8.10% p.a. for Super Senior Citizen, 7.95% for Senior Citizen & 7.45% under Non-callable* deposits (*for deposit above Rs.1.00 crore).

5 special FDs offering higher interest rates will end on September 30

Under callable deposits with an option of premature withdrawal, Bank is offering attractive rate of interest of 7.95% p.a. for Super Senior Citizen, 7.80% for Senior Citizen & 7.30% for other customers.

Who can avail
GrowfastJava Programming with ChatGPT: Learn using Generative AI
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By - Metla Sudha Sekhar, Developer and Lead Instructor
Basics of Generative AI : Unveiling Tomorrow's Innovations
Artificial Intelligence(AI)
Basics of Generative AI : Unveiling Tomorrow's Innovations
By - Metla Sudha Sekhar, Developer and Lead Instructor
Generative AI for Dynamic Java Web Applications with ChatGPT
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By - Metla Sudha Sekhar, Developer and Lead Instructor
Mastering C++ Fundamentals with Generative AI: A Hands-On
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By - Metla Sudha Sekhar, Developer and Lead Instructor
Master in Python Language Quickly Using the ChatGPT Open AI
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
By - Metla Sudha Sekhar, Developer and Lead Instructor
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By - Metla Sudha Sekhar, Developer and Lead Instructor
Vastu Shastra Course
Astrology
Vastu Shastra Course
By - Sachenkumar Rai, Vastu Shashtri
SQL for Data Science along with Data Analytics and Data Visualization
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
By - Metla Sudha Sekhar, Developer and Lead Instructor
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
By - Metla Sudha Sekhar, Developer and Lead Instructor
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By - Metla Sudha Sekhar, Developer and Lead Instructor
Digital marketing - Wordpress Website Development
Marketing
Digital marketing - Wordpress Website Development
By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert
Mastering Full Stack Development: From Frontend to Backend Excellence
Web Development
Mastering Full Stack Development: From Frontend to Backend Excellence
By - Metla Sudha Sekhar, Developer and Lead Instructor
Financial Literacy i.e Lets Crack the Billionaire Code
Finance
Financial Literacy i.e Lets Crack the Billionaire Code
By - CA Rahul Gupta, CA with 10+ years of domain experience, trainer
Business Storytelling Masterclass
Leadership
Business Storytelling Masterclass
By - Ameen Haque, Founder of Storywallahs
Future of Marketing & Branding Masterclass
Marketing
Future of Marketing & Branding Masterclass
By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant
Human Potential and the Future of Employment
HR
Human Potential and the Future of Employment
By - Lynda Gratton, Prof. at London Business School, Speaker, Author, Global Thought Leader
ESG and Business Sustainability Strategy
Strategy
ESG and Business Sustainability Strategy
By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader
Financial Reporting and Analytics
Finance
Financial Reporting and Analytics
By - Dr. C.P. Gupta, Professor: Department of Finance and Business Economics, University of Delhi
This special 400-day fixed deposit is available to resident Indian, NRE, and NRO depositors in domestic rupees for less than Rs.3.00 crores.

Discontinued tenor
Note: The deposit under the specific maturity bucket of 333 days for amount bucket of “less than Rs.3 Cr” stands discontinued and the same will not be available from September 27, 2024.

Latest Bank of India FD interest rates
Maturity (For NRE Rupee Term Deposits, min. tenor is 1 Year and Max. 10 Years)For deposits of less than Rs.3 CrRevised w.e.f 27.09.20247 days to 14 days315 days to 30 days331 days to 45 days346 days to 90 days4.591 days to 179 days4.5180 days to 210 days6211 days to 269 days6270 days to less than 1 Year61 Year6.8Above 1 Year to less than 2 Years (except 400 Days)6.8400 days7.32 Years6.8Above 2 Years to less than 3 Years6.753 Years to less than 5 Years6.55 Years to less than 8 Years68 years & above to 10 Years6

Senior citizen callable FD interest rate
#Revised Rates For Senior Citizens w.e.f 27.09.202407 days to 14 days315 days to 30 days331 days to 45 days346 days to 90 days4.591 days to 179 days4.5180 days to 210 days6.5211 days to 269 days6.5211 days to 269 days6.5270 days to less than 1 Year6.51 Year7.3Above 1 Year to less than 2 Years (except 400 Days)7.3400 Days7.82 Years7.3Above 2 Years to less than 3 Years7.253 Years to less than 5 Years7.255 Years to less than 8 Years6.758 years & above to 10 Years6.75
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances