Bank of India increased fixed deposit interest rates for short-term and medium-term deposits on August 1, 2024.
Bank of India revised its fixed deposit rates on August 1, 2024, increasing interest rates for short-term and medium-term deposits less than Rs.3 crore. Super Senior Citizens receive an additional 0.65% on deposits with maturity periods of six months and above, while Senior Citizens receive a 0.50% increment. The bank offers loan facilities against FDs and premature withdrawal options. Customers can open FDs through branches or the BOI Omni Neo App/internet banking.
August 01, 2024
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