Bank of India launches 400-day repaired deposit scheme for festive time Personal Finance

.2 min read through Final Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday released a 400-day set down payment program as part of its own cheery period offerings.Click here to associate with our team on WhatsApp.The banking company is providing a rate of interest of 8.10 per-cent per annum for the so-called very elderly Citizens, 7.95 percent for senior citizens, as well as 7.45 per cent for other consumers under non-callable down payments (those surpassing Rs 1 crore).Under callable consign an option of untimely withdrawal, the banking company is supplying rate of interest of 7.95 per-cent per year (p.a.) for extremely seniors, 7.80 percent for elderly people and also 7.30 percent for various other customers. .Key features of the scheme:.Period: 400 days.Down Payment Amount: Lower Than Rs 3 crore.Availability: All branches and also digital networks (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Individual Indians, NRE (Non-Resident Exterior) profile, and NRO (Non-Resident Usual) account owners.Rate of interest:.Non-callable deposits (for quantities greater than Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Elderly people: 7.95 per cent p.a.- Other clients: 7.45 per cent p.a.Callable deposits (along with premature withdrawal choice):.- Super senior citizens: 7.95 percent p.a.- Seniors: 7.80 percent p.a.- Other consumers: 7.30 per-cent p.a.Consumers interested in the program may visit their nearby BOI division or use the banking company’s electronic platforms – BOI Omni Neo Application or even Internet Banking – to open up a taken care of down payment under this scheme.List of lately modified interest rates through BOI:
. 1st Posted: Sep 27 2024|1:55 PM IST.