Bank of India
Bank of India increases Fixed Deposit Rates in special deposit bucket of 444 days
Kolkata: Bank of India, one of the largest Public Sector Banks in India, has revised interest rates upwards for special term deposit bucket of 444 days with effect from Tuesday for deposits below Rs 2 crores.
Following the revision, bank offers rate of interest rate of 7.05% in special term deposit bucket of 444 days for general customers. It provides an interest rate of 7.55 % for senior citizens for deposit period of 444 days and 7.25% for tenor of 2 years to below 5 years, according to media statement.
The rates of interest for other term deposits maturing in 7 days to 10 years is in the range of 3 % to 6.75 % for normal customers.
The revised interest rates are applicable for domestic, NRO and NRE deposits.
(With UNI inputs)
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
