.2 minutes read through Last Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day fixed deposit program as aspect of its festive season offerings.Click on this link to get in touch with our company on WhatsApp.The financial institution is using a rate of interest of 8.10 per cent per year for the supposed tremendously senior Folks, 7.95 percent for elderly people, and also 7.45 percent for other consumers under non-callable down payments (those exceeding Rs 1 crore).Under callable deposits with an option of early withdrawal, the bank is supplying rate of interest of 7.95 per cent per year (p.a.) for very senior citizens, 7.80 percent for seniors and also 7.30 per cent for other consumers. .Trick components of the system:.Period: 400 days.Down Payment Volume: Lower Than Rs 3 crore.Availability: All divisions and also digital stations (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Homeowner Indians, NRE (Non-Resident Exterior) profile, and also NRO (Non-Resident Ordinary) account holders.Rates of interest:.Non-callable deposits (for volumes above Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Seniors: 7.95 per cent p.a.- Other customers: 7.45 per cent p.a.Callable down payments (along with untimely withdrawal choice):.- Super elderly people: 7.95 per cent p.a.- Senior citizens: 7.80 per cent p.a.- Other customers: 7.30 per cent p.a.Consumers thinking about the program may see their nearby BOI division or even make use of the bank’s digital systems – BOI Omni Neo Application or Internet Banking – to open a fixed down payment under this scheme.List of lately revised rate of interest through BOI:
. Initial Released: Sep 27 2024|1:55 PM IST.