The Bank of India page does not publish a fixed tenure for the Capital Gains Account Scheme. Account A is a savings account and Account B is a cumulative or non-cumulative term deposit
Account B’s applicable period follows the prevailing Bank of India terms and the tax scheme’s utilisation deadline, which must be checked for the relevant capital-gain claim.
Account A earns the prevailing savings-bank rate
Account B earns the Bank of India prevailing term-deposit rate.
No additional senior-citizen rate applies to the Capital Gain Scheme under the Bank of India rate-sheet applicability table.
Value awaiting review
Account B can be prematurely withdrawn by converting it to Account A using Form B
the page does not publish a separate scheme penalty, so the applicable term-deposit rules control.
Withdrawals are made from Account A using Form C and the passbook
Account B can be converted to Account A using Form B. A withdrawal above ₹25,000 must be paid by crossed demand draft.
As applicable to Bank of India normal domestic term deposits
the product page separately states an additional 0.50% for senior citizens.
0.50% p.a. additional over the applicable normal domestic term-deposit rate.
₹10,000 minimum
maximum ₹1,50,000 per year.
Premature withdrawal is not permitted for the first 5 years. If the depositor dies before maturity, the nominee or legal heir may receive premature payment under the rules without the penalty. No advance facility is available for 5 years from the deposit date.
Available as , MIC, QIC or DBD
nomination facility is available. Interest is subject to applicable rules.
Regular term deposits are accepted for up to 10 years. Tax-saving term deposit has a five-year lock-in. Maha Saraswati recurring deposit runs 36–120 months
monthly and quarterly interest variants follow the selected term-deposit tenure.
applicable higher slabs and special schemes are shown in the linked table.
Resident Indian senior citizens receive an additional 0.50% p.a. for maturity slabs of 91 days and above on deposits up to ₹5 crore
the additional rate is not applicable to non-resident deposits.
Not published as one universal minimum across the five named term-deposit variants on the reviewed catalogue and current rate pages. The tax-saving scheme separately publishes a ₹100 minimum and ₹1,50,000 maximum
Maha Saraswati publishes a ₹100 monthly instalment.
Interest is paid at the rate applicable to the period actually held, less the stated 1 percentage-point adjustment
deposits require a one-year minimum and attract 1% penalty after one year.
Monthly Interest Deposit pays monthly
Quarterly Interest Deposit pays quarterly
fixed/cumulative deposits pay at maturity under the selected scheme. Maha Saraswati repays the accumulated instalments and interest at maturity (or one month after the last instalment, whichever is later).
senior-citizen and super-senior premiums apply as published
Additional 0.50% for eligible senior citizens on domestic deposits under ₹3 crore with tenor 180 days and above
444 Days general 6.50% and senior 7.00%
super-senior 7.10% for Canara-444
Tax Saver maximum deposit ₹1.5 lakh
other fixed-deposit minimum amount is not published as one universal figure on the reviewed page
Domestic/ term deposits below ₹3 crore accepted or renewed on/after 12 March 2019 attract 1.00% penalty for premature closure, part withdrawal or premature extension
non-callable deposits do not permit premature withdrawal
Callable fixed deposits may be renewed automatically for a similar period at the prevailing rate, except excluded schemes
tax-saver redemption follows five-year lock-in and selected payout instructions
IB Tax Saver Scheme: 5-year lock-in. Capital Gains Term Deposit: 7-day minimum and maximum 3 years
Deposit A is savings and Deposit B is cumulative or non-cumulative term deposit.
Rate follows Indian Bank's current deposit-rate schedule by product, tenor and customer category. The reviewed schedule publishes domestic retail term-deposit card rates from 2.80% to 6.80% p.a. and savings rates from 2.50% to 2.80% p.a.
exact applicable rate must be selected by tenor at booking.
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IB Tax Saver is eligible for the additional 0.50% p.a. senior-citizen rate. Capital Gains deposits do not receive an additional staff or senior-citizen rate.
IB Tax Saver: ₹1,000 in multiples of ₹100up to ₹1,50,000. Capital Gains: minimum ₹1,000.
IB Tax Saver: no loan or foreclosure during the five-year lock-in. Capital Gains: withdrawals permitted as prescribed by the scheme
interest payments subject to .
IB Tax Saver interest quarterly, discounted monthly or at maturity. Capital Gains interest method follows ordinary savings or term-deposit accounts
IB Tax Saver Scheme: 5-year lock-in. Capital Gains Term Deposit: 7-day minimum and maximum 3 years
Deposit A is savings and Deposit B is cumulative or non-cumulative term deposit.
Rate follows Indian Bank's current deposit-rate schedule by product, tenor and customer category. The reviewed schedule publishes domestic retail term-deposit card rates from 2.80% to 6.80% p.a. and savings rates from 2.50% to 2.80% p.a.
exact applicable rate must be selected by tenor at booking.
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IB Tax Saver is eligible for the additional 0.50% p.a. senior-citizen rate. Capital Gains deposits do not receive an additional staff or senior-citizen rate.
IB Tax Saver: ₹1,000 in multiples of ₹100up to ₹1,50,000. Capital Gains: minimum ₹1,000.
IB Tax Saver: no loan or foreclosure during the five-year lock-in. Capital Gains: withdrawals permitted as prescribed by the scheme
interest payments subject to .
IB Tax Saver interest quarterly, discounted monthly or at maturity. Capital Gains interest method follows ordinary savings or term-deposit accounts
Up to 24 or 36 months depending on the declared tax section and original-asset transfer
2.50% p.a. across all savings-bank account balances, effective 15 June 2025
Not applicable: the reviewed scheme terms publish a scheme- or programme-specific rate and do not provide a separate senior-citizen rate for this product.
₹1,000
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or may close before maturity, but proceeds must credit only to Capgains Account A
CapGains Plus has a Savings Bank account (Account A) and / term deposits (Account B). At maturity, the / proceeds are credited to the linked CapGains Plus Savings Bank account
At the applicable card rate for the chosen 1111-day, 1777-day or 2222-day tenor
For 1111, 1777 and 2222 days, published table lists senior-citizen rates of 6.70%, 6.70% and 6.95% p.a. in the first amount band, and 6.40%, 6.40% and 6.40% p.a. in the second amount band
the applicable band follows the deposit amount shown by .
Minimum ₹1,000
no published maximum
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Permitted under the guidelines applicable to premature withdrawal of a normal time deposit
Maturity instructions follow Term Deposit or Special Term Deposit rules
nomination is available and applies under Income Tax rules.
Not applicable: the reviewed scheme terms publish a scheme- or programme-specific rate and do not provide a separate senior-citizen rate for this product.
₹10,000, with further amounts in multiples of ₹1,000
Not permitted
Paid quarterly to the requested savings or current account
Assured returns at the prevailing rate for the selected , or DRIC variant
no numeric rate is printed
Value awaiting review
Value awaiting review
Five-year tax-saver lock-in
premature withdrawal is not available under the reviewed summary except scheme-specific death provisions
, or DRIC payout follows the selected variant
no common payout schedule is printed
Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.
bob Tax Saving Fixed Deposit AccountBank of Baroda
SBI Tax Savings Scheme — NRO DepositState Bank of India
