Bank of India Raises FD Rates, Offers up to 7.5% on 500-Day Deposit

New Delhi: State-owned Bank of India (BoI) has revised upwards interest rates on fixed deposits across select maturities and launched a special 500-day deposit scheme offering returns of up to 7.5 per cent to super senior citizens.

Under the special ‘Star Akshay Fixed Deposit’ scheme, the bank is offering an interest rate of 6.85 per cent per annum to general customers, 7.35 per cent to senior citizens and 7.5 per cent to super senior citizens, BoI said in a statement on Monday.

The revised rates, effective November 2, 2026, apply to deposits of less than Rs 3 crore and those ranging from Rs 3 crore to less than Rs 10 crore for tenures of one year to less than three years.

For deposits below Rs 3 crore, the interest rate has been raised to 6.6 per cent for a one-year tenure and 6.7 per cent for tenures above one year to less than three years.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)