Fixed & recurring deposits

Star Flexi Recurring Deposit

A flexible recurring deposit with a fixed core instalment and additional flexi instalments when required.

Interest rateInterest follows the Bank of India callable domestic/NRO term-deposit card rate for the selected tenure. For deposits below ₹3 crore, the current published bands are 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 to 10 years).Senior-citizen rateFor eligible resident senior citizens aged 60 to below 80, the current senior card rates below ₹3 crore are 6.00% for 180 days to below 1 year, 7.00% for 1 to below 2 years, 7.10% for 2 to below 3 years, 7.45% for 3 years, 7.00% for above 3 to below 5 years and 6.75% for 5 to 10 years; senior benefit requires a term of at least 6 months and the Flexi recurring minimum stated by the rate page is ₹1,000.Tenure12 months minimum and 10 years maximum, in multiples of 3 months.

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✓ Manually checked 21 Aug 2026 · active

Offered byBank of India

India; available at Bank of India domestic branches subject to 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.

Core monthly instalment₹500 and multiples in metro/urban branches; ₹100 and multiples in rural/semi-urban branches. There is no upper limit on the core instalment.View source

Core monthly instalment is ₹500 and multiples in metro/urban branches and ₹100 and multiples in rural/semi-urban branches; no maximum core instalment is stated.

Source: Star Flexi Recurring Deposit
Page / section: Core instalment
Accessed: 21 Aug 2026
Confidence: high

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Tenure12 months minimum and 10 years maximum, in multiples of 3 months.View source

Minimum period is 12 months, maximum 10 years, and the period is in multiples of 3 months.

Source: Star Flexi Recurring Deposit
Page / section: Period
Accessed: 21 Aug 2026
Confidence: high

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Flexi instalmentsThe core instalment is fixed for the selected period; additional flexi instalments are accepted in multiples of the core amount at the applicable rate when deposited.View source

Extra amounts above the core are treated as flexi instalments; the core rate and flexi rate follow the applicable deposit rate at each time.

Source: Star Flexi Recurring Deposit
Page / section: Flexi instalments
Accessed: 21 Aug 2026
Confidence: high

Open official source ↗

Senior-citizen rateFor eligible resident senior citizens aged 60 to below 80, the current senior card rates below ₹3 crore are 6.00% for 180 days to below 1 year, 7.00% for 1 to below 2 years, 7.10% for 2 to below 3 years, 7.45% for 3 years, 7.00% for above 3 to below 5 years and 6.75% for 5 to 10 years; senior benefit requires a term of at least 6 months and the Flexi recurring minimum stated by the rate page is ₹1,000.Effective 18 May 2026View source

The rate page publishes the senior table, 6-month-plus condition and ₹1,000 minimum for Flexi accounts.

Source: Rupee Term Deposit Interest Rate for Domestic/ — Bank of India
Page / section: Senior Citizen tab — callable rates / Additional Rate conditions
Accessed: 30 Aug 2026
Confidence: high

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The official rate sheet controls the current callable domestic/ card rate; the Flexi product page says the applicable rate follows the deposit terms.

Source: Rupee Term Deposit Interest Rate for Domestic/ — Bank of India
Page / section: Domestic/ tab — callable rates
Accessed: 30 Aug 2026
Confidence: high

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Delayed instalment / premature termsFor a recurring deposit, delayed instalments attract ₹1.50 per ₹100 per month for deposits up to 5 years and ₹2.00 per ₹100 per month for deposits over 5 years. The current term-deposit penalty schedule separately applies 0.50% below ₹5 lakh before 12 months, nil below ₹5 lakh after 12 months and 1.00% for deposits of ₹5 lakh and above when a term deposit is withdrawn prematurely.View source

The Flexi page publishes its instalment penalty rules; the bank’s current penalty tab supplies the term-deposit withdrawal bands.

Source: Star Flexi Recurring Deposit — Bank of India
Page / section: Delayed instalments / Withdrawal terms
Accessed: 30 Aug 2026
Confidence: high

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Benefits and features

Core instalment ₹500 and multiples in metro/urban branches; ₹100 and multiples in rural/semi-urban branches
Minimum period 12 months and maximum 10 years in 3-month multiples
Loan, overdraft or advance may be permitted under existing rules

Eligibility

The official page permits individual and joint accounts, including minors, with nomination available.

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

Documents the bank lists

as required by Bank of India.

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Recurring-deposit estimate

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Money added every monthThe amount you plan to put in each month.₹five thousand rupees₹100₹5,00,000Yearly interest rateThe percentage the deposit earns in one year.%0.5%15%How long you keep itThe period before the deposit reaches maturity. months3 months120 months

Money at maturity₹3,24,042three lakh twenty-four thousand forty-two rupees

Money you put in₹3,00,000three lakh rupees

Interest earned₹24,042twenty-four thousand forty-two 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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Parameter

Availability / eligibility · Published detailAvailable at all domestic branches for individuals and joint accounts, including minors; nomination facility is available.

This value is copied from Star Flexi Recurring Deposit — published terms. Check the table notes before relying on it.

Source: Star Flexi Recurring Deposit — Bank of India · Availability; Eligibility; Minimum/Maximum Monthly Instalments; Flexi Instalment; Period; Interest Rate; Penalty; Loan, and Advances; Other Terms; current domestic/ and senior-citizen deposit-rate schedule Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 11 rows · 2 columnsStar Flexi Recurring Deposit — published termsMinimum instalments, flexi rules, tenure, applicable rates and delayed-instalment terms from Bank of India's current product page and deposit-rate schedule.View tableHide table

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Star Flexi Recurring Deposit — published terms
Parameter	Published detail
Availability / eligibility	Available at all domestic branches for individuals and joint accounts, including minors; nomination facility is available.
Core monthly instalment	Minimum ₹500 and multiples in metro/urban branches; minimum ₹100 and multiples in rural/semi-urban branches. No upper limit on the core instalment.
Flexi instalment	Additional deposits may be any multiple of the selected core monthly instalment; the applicable rate is the rate at the time each flexi instalment is deposited.
Tenure	Minimum 12 months; maximum 10 years, only in multiples of 3 months.
Core rate	Core instalments earn the callable domestic/ term-deposit card rate applicable to the account's selected period.
Current callable bands below ₹3 crore	3.00% for 7–45 days; 4.50% for 46–90 days; 4.25% for 91–179 days; 5.50% for 180 days to below 1 year; 6.50% for 1 to below 2 years; 6.60% for 2 to below 3 years; 6.70% for 3 years; 6.25% for above 3 to below 5 years; 6.00% for 5 to 10 years.
Senior-citizen rates	For eligible resident seniors aged 60 to below 80 and a term of at least 6 months: 6.00% for 180 days to below 1 year; 7.00% for 1 to below 2 years; 7.10% for 2 to below 3 years; 7.45% for 3 years; 7.00% for above 3 to below 5 years; 6.75% for 5 to 10 years. The rate page states a ₹1,000 Flexi recurring minimum for this tab.
Delayed instalment penalty	₹1.50 per ₹100 per month for recurring deposits up to 5 years; ₹2.00 per ₹100 per month for deposits over 5 years.
Loan / overdraft	Permitted under existing Bank of India rules.
Other conditions	No advance core instalments. Amount above the core instalment is treated as that month's flexi instalment. Standing instructions are accepted only for core instalments; other terms follow the existing recurring-deposit scheme.
Premature withdrawal	The applicable term-deposit withdrawal schedule applies; the reviewed schedule states 0.50% below ₹5 lakh before 12 months, nil below ₹5 lakh after 12 months and 1.00% for deposits of ₹5 lakh or more when withdrawn prematurely.

Star Flexi Recurring Deposit — Bank of India · Availability; Eligibility; Minimum/Maximum Monthly Instalments; Flexi Instalment; Period; Interest Rate; Penalty; Loan, and Advances; Other Terms; current domestic/ and senior-citizen deposit-rate schedule · accessed 31 Aug 2026Open official source ↗

Star Flexi Recurring Deposit

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Recurring-deposit estimate

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Complete rates, limits and schedules

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