Bank of India launches 400-day fixed deposit plan for cheery time Personal Money

.2 min read Last Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day preset down payment plan as aspect of its festive period offerings.Click on this link to get in touch with us on WhatsApp.The bank is delivering a rate of interest of 8.10 per cent every annum for the so-called very senior Folks, 7.95 percent for seniors, and 7.45 per cent for various other customers under non-callable down payments (those going over Rs 1 crore).Under callable consign an option of early withdrawal, the banking company is actually using rate of interest of 7.95 per-cent per annum (p.a.) for extremely senior citizens, 7.80 per cent for seniors and 7.30 per-cent for various other customers. .Key features of the system:.Timeframe: 400 days.Down Payment Amount: Lower Than Rs 3 crore.Supply: All divisions and also digital networks (BOI Omni Neo App/ Internet Banking).Qualified depositors: Homeowner Indians, NRE (Non-Resident External) profile, and also NRO (Non-Resident Regular) account holders.Rate of interest:.Non-callable deposits (for volumes greater than Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Senior citizens: 7.95 percent p.a.- Various other customers: 7.45 per-cent p.a.Callable down payments (with early withdrawal option):.- Super elderly people: 7.95 per-cent p.a.- Senior citizens: 7.80 percent p.a.- Other consumers: 7.30 per-cent p.a.Clients curious about the program may visit their closest BOI branch or even utilize the financial institution’s digital platforms – BOI Omni Neo App or even Internet Banking – to open a taken care of deposit under this scheme.List of recently changed rate of interest by BOI:
. First Posted: Sep 27 2024|1:55 PM IST.