IndiaBanks.org · independent research

Fixed & recurring deposits

Star Sunidhi Tax Saving Deposit Scheme

Bank of India’s tax-saving term-deposit scheme listed in its official term-deposit catalogue.

Interest rateAs applicable to Bank of India normal domestic term deposits; the product page separately states an additional 0.50% for senior citizens.Senior-citizen rate0.50% p.a. additional over the applicable normal domestic term-deposit rate.TenureMinimum 5 years; maximum up to and including 10 years.
Official product page ↗Compare category

Quick eligibility check

Star Sunidhi Tax Saving Deposit Scheme

0 of 4 answered

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 catalogue page names the scheme but does not expose its complete conditions?

2Do you meet this requirement: detailed terms must be confirmed with Bank of India?

3Document checkDo you have this required document or proof: Confirm current KYC and tax-declaration requirements with Bank of India?

Published source: Eligibility

4Document checkDo you have this required document or proof: Individuals and Hindu Undivided Families (HUFs) with PAN?

Published source: Eligibility
0 of 4 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 21 Aug 2026 · active
Offered byBank of India

India; subject to scheme and branch 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.

Catalogue statusBank of India lists this product in its current term-deposit catalogue, but the reviewed catalogue page does not expose the complete scheme terms. Confirm current eligibility, rates, documents and withdrawal rules with Bank of India before applying.View source
The official catalogue lists the product name; the reviewed page does not provide the full product terms.
Source
Bank of India term-deposit catalogue
Page / section
Term deposit catalogue
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
EligibilityIndividuals and Hindu Undivided Families (HUFs) with PAN.View source
The official feature list states eligibility for individuals and having numbers.
Source
Start Sunidhi Deposit Scheme - BOI
Page / section
Features
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Deposit range₹10,000 minimum; maximum ₹1,50,000 per year.View source
The page publishes a minimum deposit of ₹10,000 and a maximum deposit of ₹1,50,000 per year.
Source
Start Sunidhi Deposit Scheme - BOI
Page / section
Features
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
TenureMinimum 5 years; maximum up to and including 10 years.View source
The page states a minimum tenure of 5 years and maximum tenure up to and including 10 years.
Source
Start Sunidhi Deposit Scheme - BOI
Page / section
Features
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Interest rateAs applicable to Bank of India normal domestic term deposits; the product page separately states an additional 0.50% for senior citizens.View source
The official page links the scheme to normal domestic term-deposit rates and states 0.50% extra for senior citizens.
Source
Start Sunidhi Deposit Scheme - BOI
Page / section
Features — Rate of Interest
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Senior-citizen rate0.50% p.a. additional over the applicable normal domestic term-deposit rate.View source
The product page states an additional 0.50% for senior citizens.
Source
Start Sunidhi Deposit Scheme - BOI
Page / section
Features — Rate of Interest
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Deposit type and nominationAvailable as FDR, MIC, QIC or DBD; nomination facility is available. Interest is subject to applicable TDS rules.View source
The page lists /MIC/QIC/DBD deposit types, nomination availability and under the other terms.
Source
Start Sunidhi Deposit Scheme - BOI
Page / section
Features; Other terms and conditions
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Premature withdrawal and advancePremature 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.View source
The official feature list prohibits premature withdrawal up to 5 years, records the death exception and says advance is unavailable for 5 years.
Source
Start Sunidhi Deposit Scheme - BOI
Page / section
Features — Premature Withdrawal; Advance Facility
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Tax benefitTax exemption under section 80C of the Income-tax Act, subject to the applicable tax rules.View source
The page identifies tax exemption under section 80C as an other benefit; eligibility and deduction limits remain subject to tax law.
Source
Start Sunidhi Deposit Scheme - BOI
Page / section
Features — Other Benefits
Accessed
29 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Listed by Bank of India as a tax-saving deposit scheme

Eligibility

  • The catalogue page names the scheme but does not expose its complete conditions; detailed terms must be confirmed with Bank of India.

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

Documents the bank lists

  • Confirm current and tax-declaration requirements with Bank of India.

Related official documents

Bank of India Deposit Policy 2024-25 (revised)official-policy · current · accessed 29 Aug 2026
↗
Start Sunidhi Deposit Scheme - BOIofficial-product-page · current · accessed 29 Aug 2026
↗
Bank of India term-deposit catalogueofficial-product-page · current · accessed 21 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Deposit maturity estimate

See how much the deposit may be worth at the end. You can change the bank's published rate to test another case.

Money at maturity₹1,02,530one lakh two thousand five hundred thirty rupees
Money you put in₹1,00,000one lakh rupees
Interest earned₹2,530two thousand five hundred thirty 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.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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

Scroll sideways to view every column

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 ↗
Table 12 · 12 rows · 2 columnsStar Sunidhi Tax Saving Deposit published featuresEligibility, amount, tenure, withdrawal and tax rules from Bank of India's official scheme page.View tableHide table

Scroll sideways to view every column

Star Sunidhi Tax Saving Deposit published features
FeaturePublished rule
Eligible customersIndividuals and with
Minimum deposit₹10,000
Maximum deposit₹1,50,000 per year
Deposit type / MIC / QIC / DBD
TenureMinimum 5 years; maximum up to and including 10 years
RateNormal domestic term-deposit rate; 0.50% extra for senior citizens
Premature withdrawalNot permitted up to 5 years, except death case under rules
Advance facilityNot available for 5 years from deposit date
NominationAvailable; not for a term deposit held by or on behalf of a minor
Tax benefitTax exemption under section 80C, subject to applicable tax rules
PledgeTerm deposit cannot be pledged as security for a loan or other advance
Applies under extant rules
  • For joint accounts, only the first named depositor is eligible for the section 80C deduction.
Start Sunidhi Deposit Scheme - BOI · Features; Other terms and conditions · accessed 29 Aug 2026Open official source ↗

More from Bank of India

Related products

Capital Gains Account Scheme, 1988

Bank of India lists the Capital Gains Account Scheme, 1988 in its term-deposit catalogue for eligible taxpayers.

View product

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.

View product

ImageHarit Jama Yojana (Green Deposits Scheme)

A cumulative green term deposit supporting eligible sustainability projects, published at 6.85% p.a. for 999 days from 1 June 2026.

View product

Non-callable Deposit

A premium-rate Bank of India term deposit with no ordinary premature closure and a published large-deposit threshold.

View product