Bank of India Senior Citizen FD Rates
If you are an Indian citizen aged 60 years or above, you can open a fixed deposit (FD) account with Bank of India and enjoy additional interest benefits over general individuals. Bank of India FD rates range from 3.00% p.a. to 7.10% p.a. for senior citizens and 3.00% p.a. to 7.25% p.a. for super senior citizens.
Bank of India FD Rates for Deposits Less Than Rs.3 crore
Given below are the Fixed Deposit (FD) interest rates for deposits below Rs.3 crore, with additional benefits for Senior Citizens and Super Senior Citizens across various tenures:
Tenure | Interest Rates (p.a.) Senior Citizens | Interest Rates (p.a.) SuperSenior Citizens |
7 days to 14 days | 3.00% | 3.00% |
15 days to 30 days | 3.00% | 3.00% |
31 days to 45 days | 3.00% | 3.00% |
46 days to 90 days | 4.50% | 4.50% |
91 days to 179 days | 4.25% | 4.25% |
180 days to 210 days | 6.00% | 6.15% |
211 days to 269 days | 6.00% | 6.15% |
270 days to less than 1 year (except 333 days) | 6.00% | 6.15% |
1 year | 6.75% | 6.90% |
Above 1 year to less than 2 years (except 450 Days) | 6.80% | 6.95% |
450 Days (Star Swarnim) | 7.10% | 7.25% |
2 Years to less than 3 Years | 6.80% | 6.95% |
3 Years to less than 5 Years | 7.00% | 7.15% |
5 Years to less than 8 Years | 6.75% | 6.90% |
8 years to 10 years | 6.75% | 6.90% |
Note: The interest rates are applicable w.e.f. 2 Marh 2026.
Things to know About Bank of India "Senior Citizens FD"
- Senior Citizens (aged 60 to below 80 years) are eligible for an extra 0.50% interest on Retail Term Deposits (below Rs. 3 Cr) with a term of 6 months to less than 3 years.
- Super Senior Citizens (aged 80 years and above) are eligible for an additional 0.65% interest on Retail Term Deposits (below Rs. 3 Cr) with a term of 6 months to less than 3 years.
For deposits of 3 years to 10 years
- Senior Citizens get an extra 0.25% interest, on top of the regular 0.50%, making a total additional interest of 0.75%.
- Super Senior Citizens also get an extra 0.25% interest, on top of the regular 0.65%, resulting in a total additional interest of 0.90%.
FAQs on Bank of India senior citizen FD Rates
- Do I need to have a Bank of India savings account to open a fixed deposit?
Yes, you need to have a Bank of India savings account to open a fixed deposit.
- Is nomination facility available on Bank of India fixed deposit?
Yes, nomination facility is available on Bank of India fixed deposit.
- Is premature withdrawal facility available on Bank of India senior citizen fixed deposit?
Yes, premature withdrawal facility available on Bank of India senior citizen fixed deposit.
- What additional FD interest do Senior Citizens receive?
Senior Citizens get 0.50% p.a. extra over the normal card rate for deposits from 6 months to 10 years (below Rs.3 crore).
- What is the minimum age to open a Senior Citizen FD with Bank of India?
In order to open a Senior Citizen FD with Bank of India, your age must be 60 years or above.
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