.2 min went through Final Improved: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday introduced a 400-day fixed down payment scheme as component of its own festive season offerings.Visit this site to associate with our team on WhatsApp.The financial institution is actually using a rate of interest of 8.10 percent per year for the alleged very senior People, 7.95 per-cent for senior citizens, and also 7.45 per cent for other consumers under non-callable deposits (those exceeding Rs 1 crore).Under callable consign an alternative of untimely withdrawal, the financial institution is actually giving interest rate of 7.95 per-cent per annum (p.a.) for very elderly people, 7.80 percent for senior citizens as well as 7.30 per-cent for other consumers. .Trick attributes of the scheme:.Length: 400 days.Deposit Volume: Less than Rs 3 crore.Schedule: All divisions and also digital channels (BOI Omni Neo Application/ Internet Banking).Qualified depositors: Citizen Indians, NRE (Non-Resident External) account, and also NRO (Non-Resident Common) account holders.Rate of interest:.Non-callable deposits (for quantities over Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Senior citizens: 7.95 percent p.a.- Other customers: 7.45 percent p.a.Callable deposits (with premature drawback alternative):.- Super seniors: 7.95 per-cent p.a.- Senior citizens: 7.80 percent p.a.- Various other clients: 7.30 per-cent p.a.Consumers interested in the plan can easily explore their nearby BOI branch or even utilize the bank’s digital systems – BOI Omni Neo Application or Internet Banking – to open up a repaired down payment under this scheme.List of lately modified interest rates by BOI:
. Very First Published: Sep 27 2024|1:55 PM IST.