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Fixed & recurring deposits

Fixed / Short Term Deposit

Bank of India’s fixed and short-term deposit facility, with separate treatment for deposits repayable within six months and longer fixed deposits.

Current callable domestic/NRO rate bandsFor deposits below ₹3 crore: 3.00% (7–45 days), 4.50% (46–90 days), 4.25% (91–179 days), 5.50% (180 days to below 1 year), 6.50% (1 to below 2 years), 6.60% (2 to below 3 years), 6.70% (3 years), 6.25% (above 3 to below 5 years), and 6.00% (5–10 years). Larger ₹3–below ₹10 crore buckets are published separately.Senior-citizen rateFor deposits of at least ₹10,000 and below ₹3 crore with a term of 6 months to 10 years, the first account holder aged 60 to below 80 receives the published senior-citizen card rate: 3.00% (7–45 days), 4.50% (46–90 days), 4.25% (91–179 days), 6.00% (180 days to below 1 year), 7.00% (1 to below 2 years), 7.10% (2 to below 3 years), 7.45% (3 years), 7.00% (above 3 to below 5 years), and 6.75% (5 to 10 years). Deposits of 3 years and above receive the stated 0.75% senior uplift over the general card rate; the table is controlling for the published senior rate.Tenure / programmeBank of India’s fixed and short-term deposit facility, with separate treatment for deposits repayable within six months and longer fixed deposits.
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Fixed / Short Term Deposit

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Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: The page lists individuals, joint holders, minors, businesses, trusts, government and other eligible institutions?

2Document checkDo you have at least one of these required documents: KYC; the bank says a savings account is needed or desirable for disbursement?

0 of 2 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 21 Aug 2026 · active
Offered byBank of India

India; available subject to branch and product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Minimum deposit₹1 lakh for SDR; ₹10,000 for FDR at metro/urban branches; ₹5,000 at rural/semi-urban branches and for senior citizens. A 7–14 day single deposit requires at least ₹1 lakh.View source
The official page distinguishes SDR, , branch location and the 7–14 day minimum amount.
Source
Fixed / Short Term Deposit
Page / section
Minimum amount
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Interest payoutInterest is paid half-yearly on 1 October and 1 April (or next working day when a holiday), subject to TDS.View source
Interest is payable half-yearly on 1st October and 1st April, subject to tax deduction at source.
Source
Fixed / Short Term Deposit
Page / section
Payment of interest
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Premature repaymentPremature repayment is permissible under applicable RBI directives; applicable penalty follows Bank of India’s published penalty terms.View source
Premature repayment is allowed under directives; the page links the applicable penalty details.
Source
Fixed / Short Term Deposit
Page / section
Premature repayment
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Current callable domestic/NRO rate bandsFor deposits below ₹3 crore: 3.00% (7–45 days), 4.50% (46–90 days), 4.25% (91–179 days), 5.50% (180 days to below 1 year), 6.50% (1 to below 2 years), 6.60% (2 to below 3 years), 6.70% (3 years), 6.25% (above 3 to below 5 years), and 6.00% (5–10 years). Larger ₹3–below ₹10 crore buckets are published separately.Effective 18 May 2026View source
The rate sheet was revised 18 May 2026. The published table is bucketed by deposit size and tenure; values here reproduce the below-₹3-crore callable domestic/ bands.
Source
Rupee term-deposit interest rates
Page / section
Callable domestic and deposits below ₹3 crore
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Senior-citizen rateFor deposits of at least ₹10,000 and below ₹3 crore with a term of 6 months to 10 years, the first account holder aged 60 to below 80 receives the published senior-citizen card rate: 3.00% (7–45 days), 4.50% (46–90 days), 4.25% (91–179 days), 6.00% (180 days to below 1 year), 7.00% (1 to below 2 years), 7.10% (2 to below 3 years), 7.45% (3 years), 7.00% (above 3 to below 5 years), and 6.75% (5 to 10 years). Deposits of 3 years and above receive the stated 0.75% senior uplift over the general card rate; the table is controlling for the published senior rate.Effective 18 May 2026View source
The official rate page publishes senior-citizen rates by maturity and states the 6-month-plus, below-₹3-crore eligibility and 0.75% uplift for deposits of 3 years and above.
Source
Rupee Term Deposit Interest Rate for Domestic/ — Bank of India
Page / section
Senior Citizen tab — callable rates; Additional Rate applicability
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Tenure / programmeBank of India’s fixed and short-term deposit facility, with separate treatment for deposits repayable within six months and longer fixed deposits.View source
The manually reviewed product record states: “Bank of India’s fixed and short-term deposit facility, with separate treatment for deposits repayable within six months and longer fixed deposits.”.
Source
Fixed / Short Term Deposit — official product page
Page / section
Published product metadata
Accessed
21 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Short deposits use actual days over 365
  • Fixed deposits use completed months and actual days for an incomplete terminal month
  • Interest is paid half-yearly on 1 October and 1 April, subject to

Eligibility

  • The page lists individuals, joint holders, minors, businesses, trusts, government and other eligible institutions.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • ; the bank says a savings account is needed or desirable for disbursement.

Related official documents

Bank of India Deposit Policy 2024-25 (revised)official-policy · current · accessed 21 Aug 2026
↗
Bank of India term-deposit catalogueofficial-product-page · current · accessed 21 Aug 2026
↗
Rupee term-deposit interest ratesrate-sheet · current · accessed 21 Aug 2026
↗
Rupee Term Deposit Interest Rate for Domestic/NRO — Bank of Indiaofficial-rate-sheet · current · accessed 30 Aug 2026
↗

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Deposit maturity estimate

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Money at maturity₹1,16,118one lakh sixteen thousand one hundred eighteen rupees
Money you put in₹1,00,000one lakh rupees
Interest earned₹16,118sixteen thousand one hundred eighteen rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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7 days to 14 days · Deposits below ₹3 crore3.00%

This value is copied from Callable domestic/ term-deposit rates. Check the table notes before relying on it.

Source: Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Domestic/ tab — callable rates Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 15 rows · 3 columnsCallable domestic/NRO term-deposit ratesAnnual interest rates for callable domestic and NRO term deposits, revised 18 May 2026.View tableHide table

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Callable domestic/NRO term-deposit rates
MaturityDeposits below ₹3 crore₹3 crore to below ₹10 crore
7 days to 14 days3.00%4.50%
15 days to 30 days3.00%5.00%
31 days to 45 days3.00%5.00%
46 days to 90 days4.50%5.00%
91 days to 179 days4.25%5.50%
180 days to 210 days5.50%5.75%
211 days to 269 days5.50%5.75%
270 days to less than 1 Year5.50%5.75%
1 Year6.50%6.50%
Above 1 Year to less than 2 Years6.50%6.25%
2 Years to less than 3 Years6.60%6.00%
3 Years6.70%5.50%
Above 3 Years to less than 5 Years6.25%5.50%
5 Years to less than 8 Years6.00%5.50%
8 years & above to up to 10 Years6.00%5.50%
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Domestic/ tab — callable rates · effective 18 May 2026 · accessed 26 Aug 2026Open official source ↗
Table 2 · 4 rows · 3 columnsNon-callable domestic/NRO ratesAnnual interest rates for non-callable deposits above ₹1 crore, revised 18 May 2026.View tableHide table

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Non-callable domestic/NRO rates
MaturityAbove ₹1 crore to below ₹3 crore₹3 crore to below ₹10 crore
1 Year6.65%6.65%
Above 1 Year to less than 2 Years6.65%6.40%
2 Years to less than 3 Years6.75%6.15%
3 Years6.85%5.65%
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Domestic/ tab — non-callable rates · effective 18 May 2026 · accessed 26 Aug 2026Open official source ↗
Table 3 · 1 row · 3 columnsImageHarit Jama Yojana (Green Deposit)The published 999-day green-deposit rate and indicative annualised return.View tableHide table

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ImageHarit Jama Yojana (Green Deposit)
MaturityRateEffective annualised rate (indicative)
999 days6.85%7.27%
  • Deposits must be ₹1 lakh to below ₹10 crore. Senior citizens receive an additional 50 bps and super senior citizens 65 bps over the applicable green-deposit rate below ₹3 crore.
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Domestic/ and senior/additional-rate sections — green deposit · effective 1 Jun 2026 · accessed 26 Aug 2026Open official source ↗
Table 4 · 14 rows · 3 columnsCallable deposits of ₹10 crore and aboveCallable rates effective 1 July 2026 for large deposits.View tableHide table

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Callable deposits of ₹10 crore and above
Maturity₹10 crore to below ₹25 crore₹25 crore and above
7 days to 14 days5.25%5.25%
15 days to 30 days5.50%5.50%
31 days to 45 days5.50%5.50%
46 days to 90 days6.25%6.25%
91 days to 120 days6.75%6.75%
121 days to 179 days6.75%6.75%
180 days to 269 days6.80%6.80%
270 days to less than 1 Year6.80%6.80%
1 Year7.20%7.15%
Above 1 Year but less than 2 Years7.20%7.15%
2 Years and above but up to 3 Years6.85%6.85%
Above 3 Years and less than 5 Years6.25%6.25%
5 Years and above to less than 8 Years6.25%6.25%
8 Years and above to 10 Years6.25%6.25%
  • For rates on ₹10 crore and above, the page directs customers to the nearest branch; these published buckets are provided for reference.
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · ₹10 crore and above — callable deposit · effective 1 Jul 2026 · accessed 26 Aug 2026Open official source ↗
Table 5 · 3 rows · 3 columnsNon-callable deposits of ₹10 crore and aboveNon-callable rates effective 1 July 2026 for large deposits.View tableHide table

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Non-callable deposits of ₹10 crore and above
Maturity₹10 crore to below ₹25 crore₹25 crore and above
1 Year7.35%7.30%
Above 1 Year but less than 2 Years7.35%7.30%
2 Years and above up to 3 Years6.90%6.90%
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · ₹10 crore and above — non-callable deposit · effective 1 Jul 2026 · accessed 26 Aug 2026Open official source ↗
Table 6 · 15 rows · 3 columnsSenior and super-senior callable ratesCallable domestic term-deposit rates for senior citizens and super senior citizens, revised 18 May 2026.View tableHide table

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Senior and super-senior callable rates
MaturitySenior citizen below ₹3 croreSuper senior citizen below ₹3 crore
07 days to 14 days3.00%3.00%
15 days to 30 days3.00%3.00%
31 days to 45 days3.00%3.00%
46 days to 90 days4.50%4.50%
91 days to 179 days4.25%4.25%
180 days to 210 days6.00%6.15%
211 days to 269 days6.00%6.15%
270 days to less than 1 Year6.00%6.15%
1 Year7.00%7.15%
Above 1 Year to less than 2 Years7.00%7.15%
2 Years to less than 3 Years7.10%7.25%
3 Years7.45%7.60%
Above 3 Years to less than 5 Years7.00%7.15%
5 Years to less than 8 Years6.75%6.90%
8 years & above to up to 10 Years6.75%6.90%
  • Senior citizen means age 60 years or above but below 80 years. Super senior citizen means age 80 years and above.
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Senior Citizen tab — callable rates · effective 18 May 2026 · accessed 26 Aug 2026Open official source ↗
Table 7 · 4 rows · 3 columnsSenior and super-senior non-callable ratesNon-callable rates for senior citizens and super senior citizens on deposits above ₹1 crore to below ₹3 crore.View tableHide table

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Senior and super-senior non-callable rates
MaturitySenior citizen above ₹1 crore to below ₹3 croreSuper senior citizen above ₹1 crore to below ₹3 crore
1 Year7.15%7.30%
Above 1 Year to less than 2 Years7.15%7.30%
2 Years to less than 3 Years7.25%7.40%
3 Years7.60%7.75%
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Senior Citizen tab — non-callable rates · effective 18 May 2026 · accessed 26 Aug 2026Open official source ↗
Table 8 · 10 rows · 5 columnsSenior and super-senior effective annualised returnIndicative effective annualised return for cumulative deposits under the reinvestment plan with quarterly compounding.View tableHide table

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Senior and super-senior effective annualised return
MaturitySenior rateSenior annualised returnSuper-senior rateSuper-senior annualised return
180 days to 210 days6.00%6.04%6.15%6.20%
211 days to 269 days6.00%6.04%6.15%6.20%
270 days to less than 1 Year6.00%6.09%6.15%6.25%
1 Year7.00%7.19%7.15%7.34%
Above 1 Year to less than 2 Years7.00%7.19%7.15%7.34%
2 Years to less than 3 Years7.10%7.56%7.25%7.73%
3 Years7.45%8.26%7.60%8.45%
Above 3 Years to less than 5 Years7.00%7.71%7.15%7.90%
5 Years to less than 8 Years6.75%7.95%6.90%8.16%
8 years & above to 10 Years6.75%8.85%6.90%9.11%
  • Annualised returns are rounded to the nearest two decimal places.
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Senior Citizen tab — effective annualised return · accessed 26 Aug 2026Open official source ↗
Table 9 · 3 rows · 2 columnsPremature withdrawal penaltiesPenalty schedule published on the Bank of India term-deposit rate page.View tableHide table

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Premature withdrawal penalties
Deposit categoryPenalty
Deposits below ₹5 lakh withdrawn after 12 monthsNil
Deposits below ₹5 lakh withdrawn before 12 months0.50%
Deposits of ₹5 lakh and above withdrawn prematurely1.00%
  • No penalty when a deposit is prematurely closed to renew for a longer period than the remaining original tenure. No penalty on premature withdrawal due to depositor death. Staff, ex-staff, staff/ex-staff senior citizens and spouse of deceased staff are exempt under the stated conditions.
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Penalty Details tab — premature withdrawal · accessed 26 Aug 2026Open official source ↗
Table 10 · 3 rows · 3 columnsAdditional staff and senior-citizen rate applicabilityThe page identifies categories where additional staff or senior-citizen rates are not applicable.View tableHide table

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Additional staff and senior-citizen rate applicability
Account typeAdditional staff rateAdditional senior-citizen rate
Not applicableNot applicable
Capital Gain SchemeNot applicableNot applicable
/ depositsNot applicableNot applicable
  • The page also states that premature withdrawal uses the lower of the applicable rate for the actual period or the contracted rate, less any applicable penalty.
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Additional Rate tab — applicability · accessed 26 Aug 2026Open official source ↗
Table 11 · 7 rows · 2 columnsTerm-deposit rate-sheet conditionsEligibility, discontinued-bucket, court-order and no-interest conditions published alongside the Bank of India rate tables.View tableHide table

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Term-deposit rate-sheet conditions
ConditionPublished rule
Rupee term-deposit tenorMinimum 1 year and maximum 10 years
Minimum deposit for published maturity buckets₹10,000, except court orders and special deposit categories
450-day Star Swarnim bucketDiscontinued for deposits below ₹3 crore; not available from 18 May 2026
Court-order term depositsUse the 10-year domestic// card rate applicable on the date of acceptance, regardless of the deposit term
No interest on early term-deposit withdrawalNo interest below 7 days for term deposits, below 3 months for recurring deposits, or below 12 months for deposits
₹10 crore and aboveContact the nearest branch for the applicable rate
Premature repayment rateLower of the rate for the actual period held or the contracted rate, less any applicable penalty
  • The page states that annualised returns are rounded to the nearest two decimal places.
Rupee Term Deposit Interest Rate for Domestic/ - Bank of India · Domestic/, Additional Rate and Penalty Details tabs — terms and conditions · effective 18 May 2026 · accessed 26 Aug 2026Open official source ↗

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