FD Interest Rates for NRO Rupee Term Deposits For Less Than 2 Cr And 2 Cr And Above But Less Than 10 Cr
| TENURE | REGULAR RATES Current Rates | SENIOR CITIZEN |
| 7 days to 14 days | 3.00% | 3.00% |
| 15 days to 30 days | 3.00% | 3.00% |
| 31 days to 45 days | 3.00% | 3.00% |
| 46 days to 90 days | 4.50% | 4.50% |
| 91 days to 179 days | 4.50% | 4.50% |
| 180 days to 210 days | 6.00% | 6.50% |
| 211 days to 269 days | 6.00% | 6.50% |
| 270 days to less than 1 year (except 333 days) | 6.00% | 6.50% |
| 1 year | 6.80% | 7.30% |
| Above 1 year to less than 2 years | 6.80% | 7.30% |
| 400 days | 7.30% | 7.80% |
| 2 years | 6.80% | 7.30% |
| Above 2 years to less than 3 years | 6.75% | 7.25% |
| 3 years to less than 5 years | 6.50% | 7.25% |
| 5 years to less than 8 years | 6.00% | 6.75% |
| 8 years to 10 years | 6.00% | 6.75% |
FD Interest Rates for Deposits of Rs.10 Cr & Above
Please contact the nearest Branch for the rate of interest on deposits of Rs.10 cr & above
Below are the annualised rates for:
| Maturity |
Rate Of Interest % (P.A.)
For Deposits Less Than Rs.2 Cr |
Annualized Rate Of Return At Minimum Of The Maturity Bucket %
For Deposits Less Than Rs.2 Cr |
Rate Of Interest % (P.A.)
For Deposits Of Rs.2 Cr & Above But Less Than Rs.10 Cr |
Annualized Rate Of Return At Minimum Of The Maturity Bucket %
For Deposits Of Rs.2 Cr & Above But Less Than Rs.10 Cr |
| 180 days to 210 days |
5.50 |
5.54 |
6.25 |
6.30 |
| 211 days to 269 days |
5.50 |
5.54 |
6.50 |
6.61 |
| 270 days to less than 1 Year |
5.75 |
5.83 |
6.50 |
6.61 |
| 1 Year |
6.80 |
6.98 |
7.25 |
7.45 |
| Above 1 Year to less than 2 Years |
6.80 |
6.98 |
6.75 |
6.92 |
| 2 Years |
7.25 |
7.73 |
6.50 |
6.88 |
| Above 2 Years to less than 3 Years |
6.75 |
7.16 |
6.50 |
6.88 |
| 3 Years to less than 5 Years |
6.50 |
7.11 |
6.00 |
6.52 |
| 5 Years to less than 8 Years |
6.00 |
6.94 |
6.00 |
6.94 |
| 8 Years & above to 10 Years |
6.00 |
7.63 |
6.00 |
7.63 |
People also read: Bank Of India FD Interest Rates
Who Can Open An Account Under BOI NRE Term Deposit Account?
People also read: FD Interest Rates
Rupee Term Deposit Rate - Penalty Details
| Category Of The Deposits |
Penalty On Premature Withdrawal Of The Deposit |
| Deposits less than Rs. 5 Lacs withdrawn on or after completion of 12 months |
NIL |
| Deposits less than Rs. 5 Lacs withdrawn prematurely before completion of 12 months |
0.50% |
| Deposits of Rs. 5 Lacs & above withdrawn prematurely |
1.00% |
Early Closure:
-
No penalty if the deposit is prematurely closed for renewal for a longer term than the remaining original term.
-
No penalty for withdrawal due to the depositor's death.
-
No penalty for withdrawal by bank staff, ex-staff, senior staff/ex-staff, or spouse of deceased staff (if first account holder).
-
Penalty applies for premature closure of Capital Gain Account Scheme deposits.
People also read: FD Calculator
Interest Earned
Maturity Amount
