.2 minutes read through Last Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day preset down payment program as part of its festive time offerings.Click on this link to associate with us on WhatsApp.The banking company is giving a rate of interest of 8.10 per-cent every annum for the so-called extremely elderly Folks, 7.95 per-cent for elderly people, and 7.45 per cent for other customers under non-callable down payments (those surpassing Rs 1 crore).Under callable deposits with a choice of untimely drawback, the financial institution is giving interest rate of 7.95 per-cent per year (p.a.) for tremendously senior citizens, 7.80 per cent for elderly people and 7.30 percent for other consumers. .Secret components of the plan:.Duration: 400 days.Deposit Quantity: Lower Than Rs 3 crore.Schedule: All branches and also electronic stations (BOI Omni Neo Application/ Electronic Banking).Eligible depositors: Citizen Indians, NRE (Non-Resident Exterior) account, and NRO (Non-Resident Ordinary) account owners.Rates of interest:.Non-callable deposits (for quantities over Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Seniors: 7.95 percent p.a.- Various other customers: 7.45 per-cent p.a.Callable deposits (along with premature drawback option):.- Super seniors: 7.95 percent p.a.- Seniors: 7.80 per cent p.a.- Various other consumers: 7.30 per-cent p.a.Clients thinking about the system can see their nearest BOI branch or even make use of the financial institution's electronic systems - BOI Omni Neo Application or Internet Banking - to open up a fixed down payment under this scheme.List of just recently modified interest rates through BOI:
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Initial Posted: Sep 27 2024|1:55 PM IST.