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Bank of India FD Calculator

Home Fixed Deposit Calculator Bank of India FD Calculator
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Book SBM Bank FD @6.5%* p.a.

& Get a Lifetime Free Step Up Credit Card

  • Safe & Secure FD, Insured by RBI

  • No Savings A/c Required

  • FD Starts from Rs 2000

  • Card Limit = 90% of FD

*Rates are subject to change as per the bank's discretion.

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Updated: 25-11-2024 06:17:31 AM

Prospective depositors can calculate the interest income and maturity value for various FD amounts and tenures using Bank of India (BOI) FD Calculator. They can enter the tenure of fixed deposit, principal amount, and Bank of India Fixed Deposit rates and obtain the maturity amount and interest income instantly.

BOI Fixed Deposit Calculator

Indusind Bank FD Calculator
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Maturity Amount

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Total Interest amount

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Principal Amount

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Looking for Higher FD rates? Book an FD @6.5% p.a. and get a lifetime free credit card

  • FDs of up to ₹5 lakhs insured by RBI

  • No hassle of opening a saving account

  • No documentation

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How to Use Paisabazaar’s FD Calculator

  • Enter Bank of India FD rates, tenure and amount in the Paisabazaar’s FD Calculator
  • Click on ‘Calculate’
  • The calculator reflects the maturity value and interest amount earned on Fixed Deposits.

Bank of India FD Interest Rates

Bank of India FD Interest rates of Domestic/NRO Deposits of less than Rs 3 crore w.e.f. from 27th September 2024

Tenure
 Interest Rates (% p.a.)
Regular Citizens Senior Citizens
Super Senior Citizens
7 days to 14 days 3.00 3.00 3.00
15 days to 30 days 3.00 3.00 3.00
31 days to 45 days 3.00 3.00 3.00
46 days to 90 days 4.50 4.50 4.50
91 days to 179 days 4.50 4.50 4.50
180 days to 210 days 6.00 6.50 6.65
211 days to 269 days 6.00 6.50 6.65
270 days to less than 1 year (except 333 days) 6.00 6.50 6.65
1 year 6.80 7.30 7.45
Above 1 year to less than 2 years 6.80 7.30 7.45
400 days 7.30 7.80 7.95
2 years 6.80 7.30 7.45
Above 2 years to less than 3 years 6.75 7.25 7.40
3 years to less than 5 years 6.50 7.25 7.40
5 years to less than 8 years 6.00 6.75 6.90
8 years to 10 years 6.00 6.75 6.90

Notes: 

  1. *Minimum deposit Rs 1 lakh
  2. Additional 50 bps is offered to senior citizens and 65 bps is offered to super senior citizens on tenors 6 months and above
  3. Senior citizens are offered additional premium of 25 bps, over and above the existing 50 bps on deposits (less than Rs 2 crore) for all the tenors of 3 years and above i.e. 75 bps.
  4. Super senior citizens are offered an additional premium of 25 bps, over and above the existing 65 bps on deposits (less than Rs 2 crore) for all the tenors of 3 years and above i.e. 90 bps.

Interest Rates are updated as on 25th Nov 2024.

Earn 6.5% p.a. on your FD & Get a lifetime free Step Up Credit Card

  • Card limit is 90% of FD Amount

  • Instant Virtual Card

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stepup 6.5%INTEREST ON FD

Comparison of Top 20 Scheduled Banks based on FD Rates


Banks		Highest
FD rate
(% p.a.)		1-year
FD rate
(% p.a.)		3-year
FD rate
(% p.a.)		5-year
FD rate
(% p.a.)		Additional
interest rate
for senior citizens
(% p.a.)
Unity Small Finance Bank9.007.858.158.150.50
North East Small Finance Bank9.007.009.006.250.50
Suryoday Small Finance Bank8.608.058.608.250.50
Shivalik Small Finance Bank8.556.007.506.500.50
Utkarsh Small Finance Bank8.508.008.507.750.60
Jana Small Finance Bank8.258.258.258.200.50
Ujjivan Small Finance Bank8.258.257.207.200.50
ESAF Small Finance Bank8.256.006.756.250.50
Equitas Small Finance Bank8.258.208.007.250.50
SBM Bank8.257.057.307.750.50
RBL Bank8.107.507.507.100.50
DCB Bank8.057.107.557.400.50
Bandhan Bank8.058.057.255.850.50-0.75
AU Small Finance Bank8.007.257.507.250.50
IDFC First Bank7.906.506.806.750.50
YES Bank7.757.257.257.250.50-0.75
Induslnd Bank7.997.757.257.250.50
Central Bank of India7.457.006.005.750.50
Punjab & Sind7.456.306.006.006.00
HDFC Bank7.406.607.007.000.50

The rates are updated as of 11th November 2024

Benefits of Using Bank of India (BOI) FD Calculator

  • Time Saving: Manually calculating the maturity value consumes a lot of time and increases the chances of mistakes. Bank of India FD Calculator is automated and hence makes the calculation process easier and time saving.
  • Free of Cost: Bank of India FD Calculator is free of cost and can be used multiple times for comparing and analysing returns for various combinations of principal amount, tenure and FD rates.
  • Know Your Returns in Advance: Bank of India FD Calculator gives a rough idea of the FD earnings of depositors even before they have opened the FD account. Thus, they can make informed financial decisions based on their liquidity and cash flow.

 

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