Public sector Bank of India has changed the interest rates of fixed deposits (FD Rates). Rates have been increased for some tenures. The new interest rates have become effective from 18 May 2026. The bank is offering interest ranging from 3% to 6.70% to common citizens on deposits of less than Rs 3 crore. All banks keep revising the interest rates of FD from time to time. Therefore, before investing, customers are advised to visit the official website of the bank or the nearest branch.

The bank is offering 0.50% extra interest to senior citizens in the age group of 60 years to 80 years for a tenure of at least 6 months and less than 3 years. Super senior citizens aged 80 years and above are getting 0.65% extra interest on investments of less than Rs 3 crore for a period of 6 months or less than three years. The minimum amount of investment has been fixed at Rs 10,000. The highest interest is available on tenure of 3 years.

This special scheme of BOI closed

Bank of India has decided to close the Star Swarnim FD Scheme. Now this scheme will not be available from May 18. Under this scheme, the bank offered 6.60% interest to general citizens and 7.20% interest to senior citizens on a tenure of 450 days. The interest rate for super senior citizens is 7.35%. The Green Deposit Scheme with a maturity of 999 days will still continue for deposits ranging from Rs 1 lakh to Rs 10 crore. The bank offers 6.50% interest on this to ordinary citizens.

Know tenure wise interest rates

• 7 days to 14 days – 3%
• 15 to 30 days – 3%
• 31 to 45 days – 3.50%
• 46 to 90 days – 4.50%
• 91 days to 179 days – 4.25%
• 180 days to 210 days – 5.50%
• From 211 days to 269 days – 5.50%
• 270 days to less than 1 year – 5.50%
• 1 year- 6.50%
• One year to less than 2 years – 6.50%
• From 2 years to less than 3 years – 6.60%
• 3 years- 6.70%
• From 3 years to less than 5 years – 6.25%
• From 5 years to less than 8 years – 6%
• From 8 years to 10 years – 6%

Check new interest rates here