.2 min read through Final Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day set deposit scheme as portion of its own joyful season offerings.Visit this site to connect with our team on WhatsApp.The banking company is using an interest rate of 8.10 per-cent per year for the supposed incredibly senior Citizens, 7.95 percent for seniors, and also 7.45 per cent for various other customers under non-callable deposits (those going beyond Rs 1 crore).Under callable deposits with an option of premature drawback, the banking company is giving interest rate of 7.95 per-cent per annum (p.a.) for tremendously senior citizens, 7.80 percent for seniors and 7.30 per cent for various other customers. .Key features of the plan:.Duration: 400 days.Down Payment Amount: Lower Than Rs 3 crore.Supply: All divisions as well as electronic channels (BOI Omni Neo Application/ Electronic Banking).Qualified depositors: Local Indians, NRE (Non-Resident External) account, and NRO (Non-Resident Average) account owners.Interest rates:.Non-callable down payments (for amounts greater than 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 percent p.a.Callable down payments (along with premature drawback alternative):.- Super elderly people: 7.95 per-cent p.a.- Seniors: 7.80 percent p.a.- Various other clients: 7.30 per cent p.a.Consumers considering the scheme can explore their local BOI division or utilize the bank's electronic systems - BOI Omni Neo App or even Internet Banking - to open a fixed deposit under this scheme.List of lately revised rate of interest by BOI:
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Very First Posted: Sep 27 2024|1:55 PM IST.