FD Interest Rate: Giving a gift to its customers, Bank of India has increased the interest rates on Fixed Deposit (FD). Where most of the banks have reduced the rates on fixed deposits (FD) after the reduction in repo rate by a total of 125 basis points by the Reserve Bank of India (RBI) from February 2025. At the same time, Bank of India has taken the opposite step and increased the interest rates on some selected medium and long term deposits. This government bank has increased its interest rates on fixed deposits of less than Rs 3 crore. These new rates have come into effect from today, May 18, 2026.

Take a look at the new FD rates

FD tenure	ordinary citizen	Senior Citizen (60-80 years)	Super Senior Citizens (80+ age)
1 year to less than 2 years	6.50%	7.00%	7.15%
2 years to less than 3 years	6.60%	7.10%	7.25%
On 3 year FD	6.70%	7.45%	7.60%

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