The Bank of India page does not publish a fixed tenure for the Capital Gains Account Scheme. Account A is a savings account and Account B is a cumulative or non-cumulative term deposit
Account B’s applicable period follows the prevailing Bank of India terms and the tax scheme’s utilisation deadline, which must be checked for the relevant capital-gain claim.
Account A earns the prevailing savings-bank rate
Account B earns the Bank of India prevailing term-deposit rate.
No additional senior-citizen rate applies to the Capital Gain Scheme under the Bank of India rate-sheet applicability table.
Not stated on the reviewed official product page
the page instead specifies the two account forms and withdrawal controls.
Account B can be prematurely withdrawn by converting it to Account A using Form B
the page does not publish a separate scheme penalty, so the applicable term-deposit rules control.
Withdrawals are made from Account A using Form C and the passbook
Account B can be converted to Account A using Form B. A withdrawal above ₹25,000 must be paid by crossed demand draft.
As applicable to Bank of India normal domestic term deposits
the product page separately states an additional 0.50% for senior citizens.
0.50% p.a. additional over the applicable normal domestic term-deposit rate.
₹10,000 minimum
maximum ₹1,50,000 per year.
Premature withdrawal is not permitted for the first 5 years. If the depositor dies before maturity, the nominee or legal heir may receive premature payment under the rules without the penalty. No advance facility is available for 5 years from the deposit date.
Available as , MIC, QIC or DBD
nomination facility is available. Interest is subject to applicable rules.
IB Tax Saver Scheme: 5-year lock-in. Capital Gains Term Deposit: 7-day minimum and maximum 3 years
Deposit A is savings and Deposit B is cumulative or non-cumulative term deposit.
Rate follows Indian Bank's current deposit-rate schedule by product, tenor and customer category. The reviewed schedule publishes domestic retail term-deposit card rates from 2.80% to 6.80% p.a. and savings rates from 2.50% to 2.80% p.a.
exact applicable rate must be selected by tenor at booking.
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IB Tax Saver is eligible for the additional 0.50% p.a. senior-citizen rate. Capital Gains deposits do not receive an additional staff or senior-citizen rate.
IB Tax Saver: ₹1,000 in multiples of ₹100up to ₹1,50,000. Capital Gains: minimum ₹1,000.
IB Tax Saver: no loan or foreclosure during the five-year lock-in. Capital Gains: withdrawals permitted as prescribed by the scheme
interest payments subject to .
IB Tax Saver interest quarterly, discounted monthly or at maturity. Capital Gains interest method follows ordinary savings or term-deposit accounts
IB Tax Saver Scheme: 5-year lock-in. Capital Gains Term Deposit: 7-day minimum and maximum 3 years
Deposit A is savings and Deposit B is cumulative or non-cumulative term deposit.
Rate follows Indian Bank's current deposit-rate schedule by product, tenor and customer category. The reviewed schedule publishes domestic retail term-deposit card rates from 2.80% to 6.80% p.a. and savings rates from 2.50% to 2.80% p.a.
exact applicable rate must be selected by tenor at booking.
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IB Tax Saver is eligible for the additional 0.50% p.a. senior-citizen rate. Capital Gains deposits do not receive an additional staff or senior-citizen rate.
IB Tax Saver: ₹1,000 in multiples of ₹100up to ₹1,50,000. Capital Gains: minimum ₹1,000.
IB Tax Saver: no loan or foreclosure during the five-year lock-in. Capital Gains: withdrawals permitted as prescribed by the scheme
interest payments subject to .
IB Tax Saver interest quarterly, discounted monthly or at maturity. Capital Gains interest method follows ordinary savings or term-deposit accounts
Recurring Deposit: minimum 6 months and normally maximum 10 years in three-month multiples. Variable Recurring Deposit: fixed 3-year term.
Rate follows Indian Bank's current deposit-rate schedule by product, tenor and customer category. The reviewed schedule publishes domestic retail term-deposit card rates from 2.80% to 6.80% p.a. and savings rates from 2.50% to 2.80% p.a.
exact applicable rate must be selected by tenor at booking.
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Additional 0.50% p.a. for eligible senior citizens
the current rate schedule applies the published aggregate ceiling and excludes stated /Capital Gains exceptions.
Recurring Deposit: monthly ₹100 and multiples thereof. Variable Recurring Deposit: initial ₹500 or multiples of ₹100up to ₹1 lakh
later instalments can reach ₹10 lakh per month.
Loan, nomination and foreclosure are available. foreclosure attracts a term-deposit penalty
VRD has a foreclosure penalty but no penal interest for delayed instalments.
Quarterly compounding
maturity or foreclosure proceeds follow the applicable term-deposit rate and rules.
Recurring Deposit: minimum 6 months and normally maximum 10 years in three-month multiples. Variable Recurring Deposit: fixed 3-year term.
Rate follows Indian Bank's current deposit-rate schedule by product, tenor and customer category. The reviewed schedule publishes domestic retail term-deposit card rates from 2.80% to 6.80% p.a. and savings rates from 2.50% to 2.80% p.a.
exact applicable rate must be selected by tenor at booking.
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Additional 0.50% p.a. for eligible senior citizens
the current rate schedule applies the published aggregate ceiling and excludes stated /Capital Gains exceptions.
Recurring Deposit: monthly ₹100 and multiples thereof. Variable Recurring Deposit: initial ₹500 or multiples of ₹100up to ₹1 lakh
later instalments can reach ₹10 lakh per month.
Loan, nomination and foreclosure are available. foreclosure attracts a term-deposit penalty
VRD has a foreclosure penalty but no penal interest for delayed instalments.
Quarterly compounding
maturity or foreclosure proceeds follow the applicable term-deposit rate and rules.
Up to 24 or 36 months depending on the declared tax section and original-asset transfer
2.50% p.a. across all savings-bank account balances, effective 15 June 2025
Not applicable: the reviewed scheme terms publish a scheme- or programme-specific rate and do not provide a separate senior-citizen rate for this product.
₹1,000
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or may close before maturity, but proceeds must credit only to Capgains Account A
CapGains Plus has a Savings Bank account (Account A) and / term deposits (Account B). At maturity, the / proceeds are credited to the linked CapGains Plus Savings Bank account
At the applicable card rate for the chosen 1111-day, 1777-day or 2222-day tenor
For 1111, 1777 and 2222 days, published table lists senior-citizen rates of 6.70%, 6.70% and 6.95% p.a. in the first amount band, and 6.40%, 6.40% and 6.40% p.a. in the second amount band
the applicable band follows the deposit amount shown by .
Minimum ₹1,000
no published maximum
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Permitted under the guidelines applicable to premature withdrawal of a normal time deposit
Maturity instructions follow Term Deposit or Special Term Deposit rules
nomination is available and applies under Income Tax rules.
Not applicable: the reviewed scheme terms publish a scheme- or programme-specific rate and do not provide a separate senior-citizen rate for this product.
₹10,000, with further amounts in multiples of ₹1,000
Not permitted
Paid quarterly to the requested savings or current account
10 basis points above the card rate applicable to senior citizens
For retail deposits below ₹3 crore, the senior-citizen rate is 3.55% for 7–45 days, 5.40% for 46–179 days, 6.15% for 180–210 days, 6.40% for 211 days to under 1 year, 6.75% for 1 to under 2 years, 6.90% for 2 to under 3 years, 6.80% for 3 to under 5 years, and 7.05% for 5 to 10 years. Rates are effective 15 December 2025
the 5–10-year rate includes the 50-basis-point We-care premium.
Minimum ₹1,000 and maximum below ₹3 crore
Available, subject to the penal clause applicable to a normal term deposit
Patrons is offered as callable or . payout choices follow term-deposit rules (quarterly by default, with monthly, half-yearly or yearly payment available for eligible longer tenors)
Not allowed before five years except on the depositor's death
Quarterly compounded
Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.
bob Tax Saving Fixed Deposit AccountBank of Baroda
SBI Tax Savings Scheme — NRO DepositState Bank of India
