Boi Saving Account Interest Rate

CIBIL Based Rate of Interest and REPO Based Rate of Interest C & IC Advances- MCLR- Revision in Spread from The Bank’s Base Rate has been revised from 9.00% pa.

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Bank Of Ireland Discussion Activity. Bank Of Ireland 365 Regular Savings Account - Savings Q: If I have 50K on deposit with BOI, what is the best account to have it in, in order to get the best interest rate, without any term deposit restrictions. I wish to have fulltime access to funds. Withdrawals from the account against uncleared cheques will attract interest even though your statement may show that your account has remained in credit. The rate of interest is currently 7% over the Bank of England’s Base Rate/Reference Rate. The interest you earn on your savings is subject to deposit interest retention tax or DIRT. The rate is currently 35%. It was announced in Budget 2017 that the DIRT rate would decrease by 2% each year from 2018 to 2020 until it reaches 33%. The tax will be deducted by your savings account provider before the interest is paid to you. Due to stiff competition, banks have started paying higher saving interest rates like 6% to 7% in order to attract more and more people to open the account with them and enhance their customer base. Best online sports gambling app. Free fruit machine downloads.

Interest Rates - Deposit

Interest rates effective from 15/12/2020 (Percentage per Annum)
Period< Rs. 2 Cr
7 – 14 Days3.00
15 – 30 Days3.00
31 – 45 Days3.00
46 – 90 Days3.75
91 - 120 Days4.25
121 to 180 Days4.30
181 Days to <1 Year 4.50
1 Year 5.25
>1 Year to 2 Years5.30
>2 Year to 3 Years5.50
>1 Year to 3 Years-
>3 Years to 5 Years5.55
>5 Years to 10 Years 5.60
  • Interest rates are subject to change. Hence depositor will ascertain the rates as on the date of placement from the website.
  • Aggregate value of deposits placed by a depositor on the day for an identical tenor will be taken for deciding applicable interest rate.
  • For interest rates for deposits of Rs. 2 Crores and above, Please contact our nearest branch.
Interest is calculated on daily product basis and is credited on quarterly basis in the months of April, July, October and January every year.
Saving Bank deposits rates w.e.f. 31.03.2020
Saving

High Interest Savings Accounts

On balance upto & including Rs. 25.00 lakhs3.00% p.a.
On balance above Rs. 25.00 lakhs
Bank interest rates for savings
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Boi saving account interest rate 2019

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Boi Interest Rate On Saving Account

Saving

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6% Interest Savings Account

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