Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks. The Bank has 4963 branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 54 Zonal Offices. There are 60 branches/ offices and 5 Subsidaries and 1 joint venture abroad.


Up to 10 Crore

  2 Crore Between 2 to 10 crore
7 days to 14 days
4.25 %
4.25 %
15 days to 30 days
4.25 %
4.25 %
31 days to 45 days
4.25 %
4.25 %
46 days to 90 days
5.50 %
5.50 %
91 days to 120 days
5.75 %
5.75 %
121 days to 179 days
6.75 %
6.75 %
180 days to 269 days
6.00 %
6.00 %
270 days to less than 1 year
6.00 %
6.00 %
1 Year & above to less than 2 Yrs
6.50 %
6.50 %
2 years & above to less than 3 years
6.50 %
6.50 %
3 years & above to less than 5 years
6.50 %
6.50 %
5 years & above to less than 8 years
6.50 %
6.50 %
8 years & above to 10 years
6.35 %
6.35 %
* Interest rates last updated on 4th Sep 2019