- Eligibility - Individuals & HUFs having PAN Numbers
- Minimum Deposit - Rs.10,000/-
- Maximum Deposit - Rs.1,50,000/- p.a.
- Type of Deposit - FDR/MIC/QIC/DBD
- Tenure - Minimum - 5 years , Maximum - Upto & including 10 years
- Rate of Interest - As applicable to our normal domestic term deposits
0.50% extra for Senior Citizens - Premature Withdrawal - Not permitted upto 5 years. However, in case of death of the depositor before the maturity of term deposit, levy of penalty would be exempted and nominee/legal heir will be allowed premature payment even before the lock-in-period as per rules. T&C Apply
- Advance Facility - Not available for a period of 5 years from the Date of Deposit
- Applicability - All branches in India
- Nomination Facility – Available
- Other Benefits - Tax Exemption u/s 80c of the Income Tax Act
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Other terms & conditions
- In the case of Joint Accounts, only the first named Depositor will be eligible for deduction under Section 80c of the Income Tax Act.
- No nomination shall be made in respect of a Term Deposit applied for and held by or on behalf of a Minor.
- The Term Deposit shall not be pledged to secure a loan or as security to any other advance.
- TDS norms will apply as per extant rules
- Other terms and conditions as applicable to normal Term Deposits.
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
This is a preliminary calculation and is not the final offer
PRODUCTS YOU MAY LIKE
![](/documents/20121/24953543/boi-monthly-deposit.webp/7da81083-8a09-a389-b2a5-ed63eff7f946?t=1723804848913)
![](/documents/20121/24953543/boi-quartely-deposit.webp/6688b5f2-474c-1bbe-da25-41c23ef8b0f5?t=1723804869699)
![](/documents/20121/24953543/boi-double-benifit-deposit.webp/ef7507ed-3ff8-28c4-7de2-7aa57f3a4a3a?t=1723804894632)
![](/documents/20121/24953543/boi-recurring-term-deposit.webp/3ddc9d3e-aae0-87ad-60a1-6bd9f9b5cbd5?t=1723804987652)
![](/documents/20121/24953543/boi-special-deposit.webp/0beaa10e-3b9e-c1f1-327a-b3bc76143c1e?t=1723805007682)
![](/documents/20121/24953543/boi-short-term-deposit.webp/346af1b5-0d8c-1602-d084-994bc16e3307?t=1723805027819)
![](/documents/20121/24953543/boi-macad.webp/6b8dbb4d-21c7-ef46-9e83-dbfeee4194cc?t=1723805050373)
![](/documents/20121/24953543/StarFlexiRecurringDeposit.webp/b74ffd10-0c5e-7267-124c-7fffbbf03609?t=1723805069791)
Star Flexi Recurring Deposit
Star Flexi Recurring Deposit scheme is a unique Recurring Deposit scheme which offers flexibility to the customer to choose core installment and to also choose monthly flexi installments in multiples of the core installment.
Learn More![](/documents/20121/24953543/CapitalGainsAccountScheme.webp/ab5d972b-5137-7eaa-ae11-38f5d6c295ae?t=1723805090617)
Capital Gains Account Scheme,1988
Capital Gain Accounts Scheme 1988 is applicable to eligible taxpayers who wish to claim exemption u/s 54 for capital gain .
Learn More![](/documents/20121/24953543/current-deposits-plus-scheme.webp/3722de70-4055-60e9-5b44-efabaf8545c5?t=1723805114436)