All the country's banks are increasing the interest rates on FDs.

Bank of India FD Interest Rates Hike:

Meanwhile, the Bank of India has increased the interest rates on Fixed Deposits with one year tenure.

Bank of India is offering a 7.65 percent interest rate to super senior citizens on one-year Fixed Deposits (FD).

Let us know the Bank of India's latest Fixed Deposits Interest Rates for 2023.

BOI latest FD Interest Rates:

For 1 year Interest Rates for Regular Citizens: 7.00% p.a. Interest Rates for Senior Citizens: 7.50% p.a.

For 2 year Interest Rates for Regular Citizens: 6.75% p.a. Interest Rates for Senior Citizens:7.25% p.a.

For 3 year Interest Rates for Regular Citizens: 6.50% p.a. Interest Rates for Senior Citizens: 7.25% p.a.

For 4 year Interest Rates for Regular Citizens: 6.50% p.a. Interest Rates for Senior Citizens: 7.25% p.a.

For 5 year Interest Rates for Regular Citizens: 6.00% p.a. Interest Rates for Senior Citizens: 6.75% p.a.

Currently, these FD rates are applicable for new deposits and renewal fixed deposits from May 26, 2023.