Business

Bank of India launches 400-day dealt with down payment program for joyful time Personal Money

.2 minutes read through Last Improved: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday launched a 400-day preset deposit plan as part of its own festive season offerings.Click here to associate with us on WhatsApp.The bank is giving an interest rate of 8.10 per cent per annum for the supposed super senior People, 7.95 percent for elderly people, and 7.45 per-cent for other clients under non-callable down payments (those surpassing Rs 1 crore).Under callable deposits with a choice of untimely drawback, the financial institution is providing rate of interest of 7.95 percent every year (p.a.) for very senior citizens, 7.80 per cent for senior citizens and 7.30 percent for various other customers. .Key features of the scheme:.Timeframe: 400 days.Deposit Quantity: Less than Rs 3 crore.Availability: All branches and electronic networks (BOI Omni Neo App/ Internet Banking).Qualified depositors: Citizen Indians, NRE (Non-Resident External) account, and also NRO (Non-Resident Usual) account holders.Rate of interest:.Non-callable down payments (for quantities above Rs 1 crore):.- Super seniors: 8.10 per-cent p.a.- Elderly people: 7.95 percent p.a.- Various other customers: 7.45 per cent p.a.Callable down payments (with untimely drawback alternative):.- Super senior citizens: 7.95 per cent p.a.- Elderly people: 7.80 percent p.a.- Various other consumers: 7.30 per cent p.a.Consumers considering the program can easily see their nearby BOI branch or even utilize the bank's digital platforms - BOI Omni Neo App or even Electronic Banking - to open up a fixed deposit under this scheme.List of just recently changed rates of interest by BOI:
.
First Released: Sep 27 2024|1:55 PM IST.

Articles You Can Be Interested In