.2 min read through Last Improved: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday launched a 400-day fixed down payment system as component of its festive period offerings.Visit this site to associate with our team on WhatsApp.The financial institution is actually providing a rates of interest of 8.10 per cent per annum for the so-called super senior Folks, 7.95 percent for seniors, as well as 7.45 per cent for other customers under non-callable down payments (those going over Rs 1 crore).Under callable deposits with an option of early drawback, the financial institution is giving interest rate of 7.95 per-cent every annum (p.a.) for super senior citizens, 7.80 percent for elderly people and also 7.30 percent for various other consumers. .Trick features of the scheme:.Timeframe: 400 days.Down Payment Amount: Less than Rs 3 crore.Availability: All divisions and also electronic stations (BOI Omni Neo App/ Internet Banking).Qualified depositors: Individual Indians, NRE (Non-Resident Exterior) profile, as well as NRO (Non-Resident Common) account holders.Interest rates:.Non-callable deposits (for amounts greater than Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Elderly people: 7.95 per cent p.a.- Other clients: 7.45 per cent p.a.Callable down payments (along with early drawback choice):.- Super elderly people: 7.95 percent p.a.- Senior citizens: 7.80 percent p.a.- Other clients: 7.30 percent p.a.Clients considering the plan can easily explore their nearby BOI division or even make use of the bank's digital systems - BOI Omni Neo Application or Internet Banking - to open up a taken care of deposit under this scheme.List of just recently revised interest rates by BOI:
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1st Released: Sep 27 2024|1:55 PM IST.