Term: 1000 days –
Interest rate (annual rate): 6.30%
Term: 3-5 years
Interest rate (annual): 6.00%
Tenure: 5+ years – 10 years
Interest rate (annual): 6.25%
Indian Bank Fixed Deposit Rates
Bank of India has updated its fixed deposit interest rates from June 30, 2024. Senior citizens can get up to 7.80% interest for a tenure of 666 days, while others can get up to 7.3% interest for the same tenure.
The revised fixed deposit interest rates of Indian banks effective from June 30, 2024 are as follows:
Term: 7 to 14 days
Interest rate (annual): 3.00%
Term: 15 to 30 days
Interest rate (annual): 3.00%
Term: 31 to 45 days
Interest rate (annual): 3.00%
Term: 46 to 90 days
Interest rate (annual rate): 4.50%
Term: 91 to 179 days
Interest rate (annual rate): 4.50%
Term: 180 to 210 days
Interest rate (annual rate): 5.50%
Term: 211 to 269 days
Interest rate (annual rate): 5.50%
Term: 270 days to less than 1 year
Interest rate (annual): 5.75%
Term: 1 year
Interest rate (annual rate): 6.80%
Tenure: 1 year to less than 2 years (excluding 666 days)
Interest rate (annual rate): 6.80%
Employment period: 666 days
Interest rate (annual rate): 7.30%
Term: 2 years
Interest rate (annual rate): 6.80%
Tenure: 2 years or more but less than 3 years
Interest rate (annual rate): 6.75%
Term: 3 years or more but less than 5 years
Interest rate (annual rate): 6.50%
Term: 5 years or more but less than 8 years
Interest rate (annual): 6.00%
Tenure: 8 to 10 years
Interest rate (annual): 6.00%