Under the revised structure, deposits with a tenure of 1 year to less than 2 years will now earn 6.50% per annum, while those with 2 years to less than 3 years will fetch 6.60% per annum. Fixed deposits of 3 years will offer an interest rate of 6.70% per annum.
The bank has also maintained additional interest benefits for senior and super senior citizens. Senior citizens will receive an extra 0.50% per annum and super senior citizens 0.65% per annum on deposits with maturities ranging from 6 months to less than 3 years.
For fixed deposits of 3 years and above, the additional benefit will be 0.75% per annum for senior citizens and 0.90% per annum for super senior citizens over the applicable rates.
For non-callable deposits above ₹1 crore with a minimum tenure of one year, the bank will offer an additional 0.15% per annum. The bank said loan against fixed deposits and premature withdrawal facilities will be available only on callable deposits.
A look at revised fixed deposit rates (w.e.f. May 18)
| Maturity period | Less than ₹3 crore (%) | ₹3 crore to < ₹10 crore (%) |
| 7 days to 14 days | 3 | 4.5 |
| 15 days to 30 days | 3 | 5 |
| 31 days to 45 days | 3 | 5 |
| 46 days to 90 days | 4.5 | 5 |
| 91 days to 179 days | 4.25 | 5.5 |
| 180 days to 210 days | 5.5 | 5.75 |
| 211 days to 269 days | 5.5 | 5.75 |
| 270 days to less than 1 year | 5.5 | 5.75 |
| 1 year | 6.5 | 6.5 |
| Above 1 year to less than 2 years | 6.5 | 6.25 |
| 2 years to less than 3 years | 6.6 | 6 |
| 3 years | 6.7 | 5.5 |
| Above 3 years to less than 5 years | 6.25 | 5.5 |
| 5 years to less than 8 years | 6 | 5.5 |
| 8 years & above up to 10 years | 6 | 5.5 |
Customers can book fixed deposits through Bank of India branches, the BOI Omni Neo mobile application, or internet banking services.
First Published: May 18, 2026 12:25 PM IST
