.2 minutes read Last Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day predetermined deposit scheme as part of its own festive time offerings.Visit this site to associate with our team on WhatsApp.The financial institution is giving an interest rate of 8.10 per cent every annum for the so-called incredibly elderly People, 7.95 percent for senior citizens, and 7.45 per cent for various other clients under non-callable deposits (those going over Rs 1 crore).Under callable deposits with an option of premature withdrawal, the bank is actually supplying interest rate of 7.95 per-cent every annum (p.a.) for tremendously elderly people, 7.80 percent for elderly people and also 7.30 per cent for other clients. .Trick functions of the plan:.Timeframe: 400 days.Down Payment Volume: Lower Than Rs 3 crore.Supply: All divisions as well as digital networks (BOI Omni Neo App/ Internet Banking).Eligible depositors: Resident Indians, NRE (Non-Resident Exterior) profile, as well as NRO (Non-Resident Common) account holders.Interest rates:.Non-callable deposits (for amounts over Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Elderly people: 7.95 per cent p.a.- Other consumers: 7.45 percent p.a.Callable down payments (along with premature drawback option):.- Super elderly people: 7.95 per cent p.a.- Senior citizens: 7.80 percent p.a.- Various other clients: 7.30 per cent p.a.Customers considering the scheme can explore their nearby BOI division or use the banking company's digital platforms - BOI Omni Neo App or Internet Banking - to open a corrected down payment under this scheme.List of just recently revised rate of interest by BOI:
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Very First Published: Sep 27 2024|1:55 PM IST.