Business

Bank of India launches 400-day fixed deposit system for festive period Personal Money

.2 minutes read Final Improved: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday introduced a 400-day set deposit plan as portion of its own joyful time offerings.Click here to get in touch with our company on WhatsApp.The banking company is using a rates of interest of 8.10 per-cent every year for the supposed incredibly senior People, 7.95 per-cent for elderly people, as well as 7.45 percent for various other clients under non-callable deposits (those going beyond Rs 1 crore).Under callable consign a possibility of early drawback, the banking company is giving rate of interest of 7.95 per cent per year (p.a.) for extremely elderly people, 7.80 per cent for elderly people and also 7.30 per cent for various other clients. .Key attributes of the scheme:.Duration: 400 times.Deposit Volume: Less than Rs 3 crore.Availability: All divisions and digital stations (BOI Omni Neo App/ Internet Banking).Qualified depositors: Homeowner Indians, NRE (Non-Resident External) account, as well as NRO (Non-Resident Ordinary) account owners.Rate of interest:.Non-callable deposits (for volumes over Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Seniors: 7.95 percent p.a.- Other customers: 7.45 per cent p.a.Callable down payments (along with untimely withdrawal alternative):.- Super seniors: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Other customers: 7.30 per-cent p.a.Consumers curious about the scheme can visit their nearest BOI division or even make use of the banking company's digital systems - BOI Omni Neo Application or Electronic Banking - to open a fixed down payment under this scheme.List of recently changed rates of interest through BOI:
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Initial Published: Sep 27 2024|1:55 PM IST.