.2 min read Last Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day predetermined down payment program as component of its cheery period offerings.Visit this site to get in touch with our team on WhatsApp.The bank is using an interest rate of 8.10 per-cent per year for the alleged super elderly Folks, 7.95 per-cent for senior citizens, as well as 7.45 percent for other clients under non-callable deposits (those surpassing Rs 1 crore).Under callable deposits with an alternative of early drawback, the bank is actually offering interest rate of 7.95 per-cent per year (p.a.) for super elderly people, 7.80 percent for elderly people as well as 7.30 per cent for various other clients. .Key attributes of the scheme:.Period: 400 days.Deposit Amount: Less than Rs 3 crore.Accessibility: All branches as well as digital channels (BOI Omni Neo Application/ Electronic Banking).Entitled depositors: Homeowner Indians, NRE (Non-Resident External) account, and also NRO (Non-Resident Ordinary) account holders.Rate of interest:.Non-callable down payments (for quantities more than Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Senior citizens: 7.95 per cent p.a.- Various other customers: 7.45 percent p.a.Callable down payments (along with early withdrawal possibility):.- Super elderly people: 7.95 percent p.a.- Seniors: 7.80 per cent p.a.- Various other customers: 7.30 per-cent p.a.Clients interested in the program may visit their nearest BOI branch or even use the bank's electronic systems - BOI Omni Neo Application or even Electronic Banking - to open a repaired down payment under this scheme.List of recently revised interest rates through BOI:
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Very First Posted: Sep 27 2024|1:55 PM IST.