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  • Fixed Deposit BYTES FROM OUR KITCHEN

    BOI NRE / NRO / NRI / FCNR FD Rates

    Bank of India is a government owned commercial bank in India. It was founded in 1906 and is currently headquartered in Mumbai, Maharashtra. The bank has over 4828 branches including 56 offices outside India along with five subsidiaries, five representative offices and one joint venture. The bank provides cost effective financial products including deposit accounts, cards, loans, NRI services and much more. The bank also offers customised financial products to the rural sector and the corporate sector.

    Bank of India Fixed Deposit for NRIs

    Bank of India offers term deposits which are fixed deposits. The bank offers fixed deposits for flexible tenures and attractive rates of interest along with various other benefits. The interest for fixed deposit account will be calculated for the completed months and in case where the terminal month is incomplete, the interest will be calculated for the actual number of days on the basis of 365 days in a year. Even NRIs are allowed to open fixed deposit accounts with Bank of India and special rates on interest is provided for these fixed deposit accounts.

    BOI NRO Deposit rates: Below Rs.1 crore

    Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)

    7 days to 46 days

    5.25%

    N/A

    46 days-3 months

    5.75%

    N/A

    Above 3 months to 6 months

    6.00%

    N/A

    6 months to 12 months

    6.25%

    N/A

    12 months to 24 months

    6.65%

    N/A

    24 months to 36 months

    6.70%

    N/A

    36 months to 96 months

    6.50%

    N/A

    96 months to 120 months

    6.35%

    N/A

    *The Bank of India NRO deposit rates are subject to change as per the discretion of the bank. The current rates are valid as of 26 November 2018.

    BOI NRO FD rates: Rs.1 crore to Rs.10 crore

    Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)

    7 days-3 months

    4.80%

    N/A

    Above 3 months to 6 months

    4.90%

    N/A

    6 months to 12 months

    5.00%

    N/A

    12 months to 24 months

    6.50%

    N/A

    24 months to 36 months

    6.60%

    N/A

    36 months to 120 months

    5.25%

    N/A

    *The Bank of India NRO FD rates are subject to change as per the discretion of the bank. The current rates are valid as of 26 November 2018.

    BOI NRE Deposit rates: Under Rs.1 crore

    Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)

    12 months to 24 months

    6.65%

    N/A

    24 months to 36 months

    6.70%

    N/A

    36 months to 96 months

    6.50%

    N/A

    96 months to 120 months

    6.35%

    N/A

    *The Bank of India NRE Deposit rates are subject to change as per the discretion of the bank. The current rates are valid as of 26 November 2018.

    BOI NRE FD Rates: Rs.1 crore to Rs.10 crore

    Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)

    12 months to 24 months

    6.50%

    N/A

    24 months to 36 months

    6.60%

    N/A

    36 months to 120 months

    5.25%

    N/A

    *The Bank of India NRE Deposit rates are subject to change as per the discretion of the bank. The current rates are valid as of 26 November 2018.

    BOI FCNR (B) Deposit rates

    Tenure
    FCNR (B) FD rates (per annum)
    JPY AUD CAD USD EUR GBP

    12 months to 24 months

    0.54%

    2.46%

    3.05%

    3.63%

    0.29%

    1.43%

    24 months to 36 months

    0.57%

    2.54%

    3.20%

    3.80%

    0.39%

    1.62%

    36 months to 48 months

    0.59%

    2.61%

    3.26%

    3.83%

    0.54%

    1.72%

    48 months to 60 months

    0.61%

    2.87%

    3.29%

    3.86%

    0.70%

    1.80%

    60 months

    0.64%

    2.97%

    3.31%

    3.87%

    0.85%

    1.86%

    *The Bank of India FCNR (B) FD rates are subject to change as per the discretion of the bank. The current rates are valid as of 26 November 2018.

    Highest Bank of India (BOI) NRI Deposit rates

    • NRO Deposits under Rs.1 crore: 6.75% p.a. for a tenure of 2 years to 3 years
    • NRE Deposits under Rs.1 crore: 6.75% p.a. for a maturity period between 2 years and 3 years

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    BOI NRI FD Rates Reviews

    • Bank of India Fixed Deposit
      "Best"
      0.5 4.0/5 "Great!"
      I do have the fixed deposit account with the Bank of India and the customer service is good one for me with them. I have felt that the response is also good too. Rate of interest is around 7.75% for my deposit and nowadays its really reducing one.
      Was this review helpful? 5
      , new delhi
      Reviewed on Feb 16, 2018
    • Bank of India
      Bank of India Fixed Deposit
      "Good benefits"
      0.5 5.0/5 "Blown Away!"
      I bank with Bank of India for a fixed deposit as well. The services are good and there are no issues to open this account. I can do everything online and the rate of interest is also good. There are no charges for these transactions. Satisfied overall.
      Was this review helpful? 6
      , ahmedabad
      Reviewed on Feb 09, 2018
    • Bank of India Fixed Deposit
      "Good "
      0.5 5.0/5 "Blown Away!"
      Definitely good. But they provide very low interest rate on FD. Interest rate is 7.3%. Staffs behave well and well trained. You can get better interest rate at other banks, almost 1% high interest rate. Now a days lots of ATM from BOI is available.
      Was this review helpful? 17
      , kolkata
      Reviewed on Oct 18, 2016
    • Bank of India Fixed Deposit
      "satisfied..."
      0.5 4.5/5 "Excellent!"
      Against this fixed deposit the Bank of India had offered me a loan. It is very simple to take loan basis the deposit. No much formalities and no much paper works. By filling a single form we get the loan. Interest rate for the fixed deposit was 8.5%.
      Was this review helpful? 18
      , mumbai
      Reviewed on Jan 30, 2016
    • Bank of India Fixed Deposit
      "Government bank"
      0.5 5.0/5 "Blown Away!"
      BOI is a Government bank and their norms are in line with RBI. The reason why I had chosen BOI is because its a very old bank and its next to my place. My father and mother is holding an account here and that is why I am using this account. I know the BOI staff so I had taken this FD .Interest rate offered by BOI was 8% to 9%
      Was this review helpful? 14
      , agra
      Reviewed on Nov 26, 2015
    • Bank of India Fixed Deposit
      "Good in fixed deposit rate.."
      0.5 4.0/5 "Great!"
      Bank of India is same like other banks in regards to the rate for Fixed deposit. Service is not good like private but product and money will be safe. It is an nationalized bank and that is only good thing about them. All the government banks are low in services.
      Was this review helpful? 9
      , mumbai
      Reviewed on Nov 21, 2015
    • Bank of India Fixed Deposit
      "Relaxing returns"
      0.5 3.0/5 "Satisfactory"
      I had the fixed deposit account with the Bank of India. The rate of interest is okay with them. Customer service is good with them and there are no drawbacks with them. I had it for an year of time like I deposited around 75000 Rupees and I got around a lakh of Rupees as the returns, I am happy with them.
      Was this review helpful? 11
      , coimbatore
      Reviewed on Nov 13, 2015
    • Bank of India Fixed Deposit
      "Excellent"
      0.5 4.0/5 "Great!"
      I had the fixed deposit with the Bank of India and the experience is good with them. Interest rate is common to all, like every bank is giving same rates to the customers. They are having the locker facilities. I been with them from the last 12 years of time. Customer service in the rural areas are not that much okay while in the urban areas they are good.
      Was this review helpful? 5
      , bangalore
      Reviewed on Nov 11, 2015
    • Bank of India Fixed Deposit
      "Very good"
      0.5 5.0/5 "Blown Away!"
      BOI Fixed deposit is very good. They are providing the best interest rate , they have provided online banking . This request was placed at the branch and its a cumulative interest rate this FD was withdrawn after 6 days from the date of placing the deposit and there is no charges for the same we can liquidate it when ever we want,.
      Was this review helpful? 5
      , bangalore
      Reviewed on Nov 11, 2015
    • Bank of India Fixed Deposit
      "Good Bank"
      0.5 3.5/5 "Pretty good"
      I do have the fixed deposit with the Bank of india. I used to visit the branch for some of the thing and the rest of the thing I used to dealt with online banking. The drawback is I have to download the application to do the online banking, which is secure but not user friendly. Customer service is good and the rate of interest is also good. There are no minimum lock in period for this.
      Was this review helpful? 10
      , mumbai
      Reviewed on Oct 22, 2015
    • Bank of India Fixed Deposit
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I have opened my Fixed deposit account with Bank of India. The services are good from them. The response is very good too. The process was not a lengthy one to open this account. It was fast. I been having this account with them for the last ten years. They offer a good rate of interest. There are no charges as such for this account.
      Was this review helpful? 4
      , new delhi
      Reviewed on Oct 13, 2015
    • Bank of India Fixed Deposit
      "Very close "
      0.5 4.0/5 "Great!"
      I hold an Fixed Deposit account with BANK OF INDIA for the last two years. Since the branch is very near to my house I opened this account to me. They have offered me 9.50% interest rate for this. There was no additional or hidden charges to open this account.
      Was this review helpful? 15
      , ghaziabad
      Reviewed on Sep 15, 2015
    • Bank of India Fixed Deposit
      "Its fine"
      0.5 5.0/5 "Blown Away!"
      Bank of India Fixed deposit was okay . I have been holding this FD for 4 years. This FD was opened at the Branch. I have submitted my id cards for opening this FD. This was taken for a period of 10 years. There was no online access for that . Branch is next to my place . They are also ready to provide overdraft based on this account. However I am not ready to accept that
      Was this review helpful? 8
      , coimbatore
      Reviewed on Aug 06, 2015
    • Bank of India Fixed Deposit
      "Good"
      0.5 5.0/5 "Blown Away!"
      I had a fixed deposit with Bank of India. The services has been good from them. I got a good rate on interest and it was for two years. After maturity the benefits was as expected. The process did not take long after maturity. It could be done online. I did have to visit the bank.
      Was this review helpful? 11
      , mumbai
      Reviewed on Jul 11, 2015
    • Bank of India Fixed Deposit
      "Poor in quality.."
      0.5 4.0/5 "Great!"
      Firstly, I have a savings account with Bank of India and secondly it is a government organization so comparatively safe and thirdly the rate of interest 8.75% is high. I think for senior citizens, the rate is of 9.2%. Certainly the rate is of simple rate and it comes at the time of maturity.
      Was this review helpful? 12
      , new delhi
      Reviewed on Jun 22, 2015
    • Bank of India Fixed Deposit
      "IT IS NICE"
      0.5 3.5/5 "Pretty good"
      Term period that I have opted for Fixed Deposit is 5year and the rate of interest is 8.75%. If we want to break the deposit in between the term, can do it very well but there must be some penalty charges. As per our convenience we can prefer the tenure and at the end of the maturity, I do get the accumulated interest. Bank of India is very good but they lacks in service when we compare with private banks.
      Was this review helpful? 5
      , mumbai
      Reviewed on Jun 16, 2015
    • Bank of India Fixed Deposit
      "review on fixed deposit"
      0.5 3.5/5 "Pretty good"
      Term period that I have opted for Fixed Deposit is 5year and the rate of interest is 8.75%. If we want to break the deposit in between the term, can do it very well but there must be some penalty charges. As per our convenience we can prefer the tenure and at the end of the maturity, I do get the accumulated interest. Bank of India is very good but they lacks in service when we compare with private banks.
      Was this review helpful? 4
      , ahmedabad
      Reviewed on Mar 31, 2015
    • Bank of India Fixed Deposit
      "Good interst rate"
      0.5 4.0/5 "Great!"
      Bank of India Fixed deposit is really good. Their online support is not that good and no facility like Whats up. Interest rate offered for the loan is high however the interest rate offered for FD is normal. My father had an account with bank of India, infact this is my first account which prompted me to open this FD with the same Bank.
      Was this review helpful? 8
      , pune
      Reviewed on Mar 26, 2015
    • Bank of India Fixed Deposit
      "for Bank FD "
      0.5 5.0/5 "Blown Away!"
      I operatived for Bank of India Fixed Deposit. I got competitive rate of Interest. They provide very quick services & is beneficial to us. Bank is providing varied types of scheme as requirement of customers. I recommended this bank. I like and trust Bank Of India.
      Was this review helpful? 20
      , ahmedabad
      Reviewed on Feb 03, 2015
    • Bank of India Fixed Deposit
      "Good!!"
      0.5 4.0/5 "Great!"
      Term period that I have opted for Fixed Deposit is 5year and the rate of interest is 8.75%. If we want to break the deposit in between the term, can do it very well but there must be some penalty charges. As per our convenient we can prefer the tenure and at the end of the maturity, I do get the accumulated interest. Bank of India is very good but they lacks in service when we compare with private banks.
      Was this review helpful? 9
      , kolkata
      Reviewed on Feb 02, 2015
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