.2 minutes read through Last Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day fixed deposit system as aspect of its own festive season offerings.Click on this link to get in touch with our team on WhatsApp.The bank is providing an interest rate of 8.10 per cent every year for the supposed very senior Folks, 7.95 percent for seniors, and also 7.45 per cent for other customers under non-callable down payments (those exceeding Rs 1 crore).Under callable consign a choice of premature drawback, the financial institution is supplying interest rate of 7.95 percent per year (p.a.) for very seniors, 7.80 per-cent for elderly people and also 7.30 percent for various other customers. .Secret functions of the system:.Period: 400 times.Deposit Volume: Less than Rs 3 crore.Availability: All divisions and electronic stations (BOI Omni Neo Application/ Electronic Banking).Eligible depositors: Homeowner Indians, NRE (Non-Resident Exterior) account, and NRO (Non-Resident Normal) account holders.Rates of interest:.Non-callable deposits (for volumes greater than Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Senior citizens: 7.95 percent p.a.- Various other customers: 7.45 per cent p.a.Callable down payments (with early drawback alternative):.- Super elderly people: 7.95 per cent p.a.- Seniors: 7.80 per-cent p.a.- Other customers: 7.30 per-cent p.a.Clients considering the scheme can visit their local BOI division or use the financial institution's electronic platforms - BOI Omni Neo App or Electronic Banking - to open a taken care of down payment under this scheme.List of recently changed rates of interest by BOI:
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1st Released: Sep 27 2024|1:55 PM IST.