Earn interest up to 8.10% p.a. by investing in a Bajaj Finance Fixed Deposit | Rated CRISIL AAA/ STABLE and [ICRA]AAA(stable)


Deposit Amount
Interest Rate
Interest Payout
Your Total Maturity Amount is
Total Maturity Amount
Total Investment
Total Interest Earned

However, before you invest in a fixed deposit, it is important to assess a few options to identify the ideal fit for your investment requirements. Bank of India has long established itself as the provider of the best interest rates on fixed deposits but this is something you can check for yourself using the BOI FD calculator.

BOI FD Calculator

The BOI Fixed Deposit calculator is an essential tool for those wishing to invest in fixed deposits. Using the BOI FD calculator, you can know the interest rates you are likely to earn on your fixed deposit within a matter of minutes.

BOI FD calculator will enable you to make better financial decisions and assess the amount you wish to deposit or the period of time you want to make it for.

Interest rates Offered by Bank of India

Term of Investment Interest Rates for Non-Senior Citizens Interest Rates for Senior Citizens
7-45 days 4% 4.5%
46-179 days 5% 5.5%
180-364 days 5.5% 6%
1 year to 1 year and 364 days 6% 6.5%
2 years to 10 years 5.9% 6.4%

Benefits of BOI FD Calculator

The BOI FD calculator is extremely useful as it helps investors assess the profitability of their investments before they invest in a fixed deposit. While there is a manual process to do the same, the BOI fixed deposit calculator makes the process significantly easier and extremely seamless. Read on to learn more about the benefits offered by the BOI FD calculator.


  1. These calculators are easy to use for instant calculations, which enables investors to save time

  2. The BOI fixed deposit calculator removes the risk of errors that could unknowingly occur when investors manually make the calculation

  3. The BOI FD calculator allows investors to change the parameters as per the results they are getting online. This is much easier than starting calculations afresh when you are doing them manually

BOI FD Calculator Formula

The formula used by the BOI FD calculator remains the same as when the calculations are conducted manually. Given below is an elaboration of the formula:

A= P(1+r/n)^nxt


  1. ‘A’ refers to the total amount receivable upon maturity of the deposit

  2. ‘P’ refers to the initial amount that was deposited

  3. ‘r’ refers to the rate of interest divided by 100

  4. ‘t’ refers to the tenor for which the investment is made

  5. ‘n’ refers to the frequency with which the interest payouts are made to the investor

How to Use the BOI FD Calculator on Finserv MARKETS?

Using the BOI FD calculator on Finserv MARKETS is an extremely simple process. Just enter the details of your investment amount, and the time period you wish to invest for. The rate of interest on offer at the time will be used to determine the total maturity value that would be payable to you with these parameters. Use the sliding scale to change the value of investment or the time period to assess more profitable returns.


  • ✔️Who is eligible for Bank of India FDs?

    All Indian residents, including Hindu Undivided Family (HUF) and businesses are eligible to invest in Bank of India FDs.

  • ✔️What is the additional interest rate available to senior citizen FD investors?

    Extra interest of 0.5% is offered to senior citizens holding FDs with Bank of India.