Bank of India has revised its fixed deposit (FD) rates for deposits less than ₹3 crore and for deposit ranging from ₹3 crore to ₹10 crore. After the revision, Bank of India offers interest rates on deposit tenors of 7 days to 10 years ranging from 3% to 6% for fixed deposits up to ₹10 crore. As per the official website of Bank of India , interest rates on these deposits are effective from August 1, 2024.
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