.2 min read Final Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day predetermined down payment scheme as aspect of its own joyful time offerings.Click here to associate with us on WhatsApp.The financial institution is using a rates of interest of 8.10 per-cent every year for the so-called tremendously elderly Folks, 7.95 per-cent for seniors, as well as 7.45 per cent for other clients under non-callable down payments (those surpassing Rs 1 crore).Under callable consign a possibility of premature withdrawal, the financial institution is actually supplying rate of interest of 7.95 percent every year (p.a.) for very senior citizens, 7.80 percent for elderly people as well as 7.30 per cent for various other consumers. .Secret features of the scheme:.Period: 400 days.Deposit Quantity: Lower Than Rs 3 crore.Availability: All branches and digital networks (BOI Omni Neo Application/ Internet Banking).Entitled depositors: Local Indians, NRE (Non-Resident Exterior) profile, as well as NRO (Non-Resident Average) account owners.Interest rates:.Non-callable deposits (for quantities over Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Senior citizens: 7.95 percent p.a.- Other consumers: 7.45 percent p.a.Callable down payments (with untimely withdrawal option):.- Super seniors: 7.95 per-cent p.a.- Elderly people: 7.80 per cent p.a.- Other clients: 7.30 per cent p.a.Customers interested in the scheme can visit their closest BOI division or make use of the financial institution's electronic systems - BOI Omni Neo Application or even Internet Banking - to open up a dealt with deposit under this scheme.List of just recently modified interest rates by BOI:
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1st Released: Sep 27 2024|1:55 PM IST.