.2 min checked out Final Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day predetermined deposit program as part of its own festive season offerings.Click here to associate with us on WhatsApp.The banking company is supplying a rate of interest of 8.10 per cent every annum for the alleged very senior People, 7.95 per cent for elderly people, and also 7.45 percent for other consumers under non-callable down payments (those exceeding Rs 1 crore).Under callable deposits with a choice of untimely withdrawal, the financial institution is actually supplying rate of interest of 7.95 per-cent every year (p.a.) for incredibly elderly people, 7.80 per cent for senior citizens and 7.30 percent for various other clients. .Secret functions of the program:.Length: 400 days.Down Payment Quantity: Less than Rs 3 crore.Supply: All divisions and digital channels (BOI Omni Neo App/ Electronic Banking).Eligible depositors: Citizen Indians, NRE (Non-Resident Exterior) profile, and also NRO (Non-Resident Normal) account holders.Rates of interest:.Non-callable down payments (for volumes more than Rs 1 crore):.- Super senior citizens: 8.10 per cent p.a.- Elderly people: 7.95 percent p.a.- Other clients: 7.45 per cent p.a.Callable down payments (along with early withdrawal option):.- Super elderly people: 7.95 percent p.a.- Elderly people: 7.80 per cent p.a.- Other clients: 7.30 percent p.a.Consumers thinking about the scheme can explore their closest BOI branch or even utilize the banking company's electronic platforms - BOI Omni Neo App or even Electronic Banking - to open a corrected deposit under this scheme.List of lately changed interest rates through BOI:
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1st Posted: Sep 27 2024|1:55 PM IST.