.2 min went through Final Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day fixed deposit system as component of its own festive period offerings.Visit this site to associate with us on WhatsApp.The bank is actually delivering an interest rate of 8.10 percent every year for the alleged extremely elderly People, 7.95 per-cent for elderly people, as well as 7.45 per-cent for other clients under non-callable down payments (those surpassing Rs 1 crore).Under callable consign a possibility of early drawback, the banking company is actually giving rate of interest of 7.95 per cent per year (p.a.) for very seniors, 7.80 per-cent for elderly people and 7.30 per-cent for various other consumers. .Key features of the program:.Timeframe: 400 days.Deposit Volume: Less than Rs 3 crore.Availability: All divisions as well as electronic networks (BOI Omni Neo App/ Internet Banking).Eligible depositors: Individual Indians, NRE (Non-Resident External) profile, and also NRO (Non-Resident Ordinary) account holders.Interest rates:.Non-callable deposits (for amounts over Rs 1 crore):.- Super senior citizens: 8.10 per-cent p.a.- Elderly people: 7.95 per-cent p.a.- Other consumers: 7.45 per cent p.a.Callable deposits (with untimely withdrawal option):.- Super elderly people: 7.95 per cent p.a.- Seniors: 7.80 percent p.a.- Other customers: 7.30 percent p.a.Clients interested in the system can visit their nearby BOI division or even use the financial institution’s digital systems – BOI Omni Neo App or Electronic Banking – to open up a corrected down payment under this scheme.List of recently modified interest rates by BOI:
. 1st Posted: Sep 27 2024|1:55 PM IST.