Bank of India FD Calculator
Estimate your Bank of India fixed deposit maturity amount, interest earned, effective yield and post-tax return in seconds, then compare the same money with gold and Spare8+.
Bank of India FD interest rates
Published Bank of India fixed deposit rates by tenure, including general public and senior citizen columns where applicable. Set the matching rate in the calculator above to estimate your maturity amount, interest earned and tax impact.
| Tenure | General public | Senior citizen |
|---|---|---|
| 7 days to 14 days | 3.00% | 3.00% |
| 15 days to 30 days | 3.00% | 3.00% |
| 31 days to 45 days | 3.00% | 3.00% |
| 46 days to 90 days | 4.50% | 4.50% |
| 91 days to 179 days | 4.25% | 4.25% |
| 180 days to 210 days | 5.50% | 6.00% |
| 211 days to 269 days | 5.50% | 6.00% |
| 270 days to less than 1 year | 5.50% | 6.00% |
| 1 year | 6.50% | 7.00% |
| Above 1 year to less than 2 years | 6.50% | 7.00% |
| 2 years to less than 3 years | 6.60% | 7.10% |
| 3 years | 6.70% | 7.45% |
| 999 days Green Deposit | 6.85% | 7.35% |
| Above 3 years to less than 5 years | 6.25% | 7.00% |
| 5 years to less than 8 years | 6.00% | 6.75% |
| 8 years and above to 10 years | 6.00% | 6.75% |
- Bank of India FD tenures range from 7 days to 10 years.
- Minimum deposit of about ₹10,000 to open an FD.
- General public rates are 3% to 6.85% p.a. for the table shown.
- Senior citizen rates go up to 7.45% p.a., depending on tenure and scheme.
- Loan or overdraft against the FD is usually available.
- Premature withdrawal is allowed, typically with a small penalty.
Rates are for information only, as of 18 May 2026. Source: Bank of India domestic/NRO callable term deposit card. Confirm the latest Bank of India FD rates before investing.
Same ₹1,00,000. Same 5 years.
An FD locks in a fixed rate. Gold has grown faster over the long run, and Spare8+ adds a fixed 5% reward on top of gold's growth.
Gold and Spare8+ figures use expected annual returns of 11% and 5%; they are not guaranteed and exclude 3% GST, buy/sell spreads, fees and taxes. FD terms vary by institution. This is educational information, not financial advice.
Put eligible gold to work.
Buy gold, or use what you hold
Buy 24K gold on Spare8 from ₹10, or lease gold already in your Spare8 locker. Every gram is 99.9% pure and held in insured Augmont vaults.
Lease it to bank-verified jewellers
Pick how many grams to lease, enter a few details and verify your PAN. That's it.
Review the available reward
Eligible opportunities may offer approximately 3.5% to 5% p.a. in gold grams, depending on the opportunity and its terms. Review the current rate and disclosures in the app.
Keep your FD. Move a slice to gold.
Your FD gives you certainty. A small share in Spare8+ gives that money a chance to grow faster, without betting everything on it.
- Opportunity-specific reward, credited in gold grams
- Backed 1:1 by 24K gold in insured Augmont vaults
- Terms and exit availability are shown for each opportunity
What is an FD calculator?
A fixed deposit (FD) is a savings product where you deposit a lump sum with a bank or NBFC for a fixed period, from 7 days to 10 years, at a fixed interest rate. An FD calculator works out what that deposit will be worth at maturity, so you can compare rates, tenures and banks before you book one.
Doing compound interest by hand is slow and easy to get wrong. This calculator does it instantly, shows your interest after tax, and lets you see how the same money would do in 24K gold or Spare8+.
How to use it
- Enter your deposit: type it or tap a preset.
- Set the interest rate your bank offers for that tenure.
- Choose the tenure and how often interest compounds.
- Pick your tax slab to see what you keep after tax.
FD maturity formula
Spare8+ value formula
Bank of India FD calculator FAQs
Where profits meet peace of mind.
Buy 24K gold from ₹10 and explore eligible Spare8+ leasing opportunities. Available reward rates and terms are shown in the app, and the rupee value of gold can rise or fall.
Methodology: FD maturity uses the cumulative compound-interest formula and the rate, tenure and frequency you select. The tax option applies a simplified slab percentage to FD interest only and excludes cess, surcharge, TDS timing and individual circumstances. Gold and Spare8+ comparisons use expected annual returns of 11% and 5%, not a prediction or promise. They exclude 3% GST, spreads, fees and taxes. Review current product terms and consider professional advice before acting.