.2 min read through Last Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day fixed down payment program as aspect of its own joyful period offerings.Click here to connect with our company on WhatsApp.The financial institution is supplying a rate of interest of 8.10 per-cent per year for the alleged very elderly Folks, 7.95 per-cent for seniors, and also 7.45 percent for various other consumers under non-callable deposits (those going beyond Rs 1 crore).Under callable deposits with a possibility of untimely drawback, the banking company is supplying interest rate of 7.95 per cent per annum (p.a.) for extremely elderly people, 7.80 percent for seniors and 7.30 percent for other clients. .Key functions of the system:.Duration: 400 times.Deposit Volume: Less than Rs 3 crore.Supply: All divisions and also electronic channels (BOI Omni Neo Application/ Internet Banking).Qualified depositors: Individual Indians, NRE (Non-Resident Outside) profile, as well as NRO (Non-Resident Average) account holders.Interest rates:.Non-callable deposits (for quantities above Rs 1 crore):.- Super elderly people: 8.10 per-cent p.a.- Elderly people: 7.95 per cent p.a.- Various other consumers: 7.45 per cent p.a.Callable deposits (along with premature drawback choice):.- Super seniors: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Other consumers: 7.30 per cent p.a.Customers curious about the system can easily explore their nearest BOI branch or even utilize the financial institution’s electronic systems – BOI Omni Neo App or Electronic Banking – to open a corrected deposit under this scheme.List of just recently changed rates of interest by BOI:
. 1st Posted: Sep 27 2024|1:55 PM IST.