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public vs public sector

BOI vs SBI RD

Side-by-side comparison of Bank of India and State Bank of India RD schemes — rate bands, senior bonuses, compounding and end-to-end maturity on identical inputs. All figures use last-published rates as on 2025-09.

BOI vs SBIRD side-by-side

rates as on 2025-09
5,000
3.00
6.75
6.75
BOIpublic
Effective rate
6.75% p.a.
Invested
₹1,80,000
Interest
₹19,902
Maturity
₹1,99,902
SBIpublic
Effective rate
6.75% p.a.
Invested
₹1,80,000
Interest
₹19,902
Maturity
₹1,99,902
// verdict
Both banks return exactly the same maturity at these inputs.

BOI RD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
6 – 12 months6.006.50
1 – 2 years6.807.30
2 – 3 years6.757.25
3 – 5 years6.507.00
5 – 10 years6.006.75
Rates shown are the last-published indicative rates from Bank of India as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

SBI RD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
12 months – 24 months6.807.30
24 months – 36 months7.007.50
36 months – 60 months6.757.25
60 months – 120 months6.507.50
Rates shown are the last-published indicative rates from State Bank of India as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

// boi vs sbi at a glance

BOI

Long-established public sector bank with strong rural reach and competitive 444/555-day special tenor FDs.

  • · Established 1906, HQ Mumbai
  • · RD rate band: 6.00% – 6.80%
  • · Senior bonus: 50 bps
  • · Min monthly: ₹100
SBI

India's largest public sector bank with a nationwide branch network and one of the deepest FD/RD ladders in the country.

  • · Established 1955, HQ Mumbai
  • · RD rate band: 6.50% – 7.00%
  • · Senior bonus: 50 bps
  • · Min monthly: ₹100

Both Bank of India and State Bank of India are scheduled commercial banks regulated by the Reserve Bank of India, so the contract terms, KYC requirements and DICGC ₹5 lakh deposit insurance are identical. The real differentiation is in the rate card and the special-tenor product mix.

The RDcalculator above lets you tune principal, tenor, and each bank's applicable rate independently — useful when the two banks lead at different slabs (a common scenario when one runs a special-tenor offer like 444 / 555 / 700 days).

// frequently asked questions

BOI's RD rates span 6.00%–6.80% p.a. while SBI spans 6.50%–7.00% (as on 2025-09). The 'better' bank depends on your exact tenor — use the calculator above to compare on the slab you actually plan to book.