Business

Bank of India launches 400-day fixed down payment scheme for joyful season Personal Financial

.2 min reviewed Final Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day fixed deposit system as part of its cheery time offerings.Click on this link to associate with our team on WhatsApp.The financial institution is delivering an interest rate of 8.10 per cent per annum for the so-called very senior People, 7.95 per-cent for seniors, and also 7.45 per-cent for other consumers under non-callable deposits (those exceeding Rs 1 crore).Under callable deposits with a choice of untimely withdrawal, the banking company is actually giving rate of interest of 7.95 per-cent per year (p.a.) for extremely senior citizens, 7.80 per-cent for seniors and 7.30 percent for other clients. .Key components of the program:.Period: 400 times.Down Payment Amount: Less than Rs 3 crore.Accessibility: All divisions and also digital channels (BOI Omni Neo App/ Internet Banking).Eligible depositors: Homeowner Indians, NRE (Non-Resident Outside) profile, and also NRO (Non-Resident Usual) account holders.Rates of interest:.Non-callable deposits (for quantities more than Rs 1 crore):.- Super senior citizens: 8.10 per-cent p.a.- Seniors: 7.95 per-cent p.a.- Other customers: 7.45 percent p.a.Callable down payments (along with untimely withdrawal possibility):.- Super seniors: 7.95 percent p.a.- Seniors: 7.80 percent p.a.- Other customers: 7.30 percent p.a.Consumers thinking about the scheme may visit their nearby BOI branch or even use the financial institution's electronic systems - BOI Omni Neo App or even Internet Banking - to open a corrected deposit under this scheme.List of just recently changed rates of interest by BOI:
.
First Published: Sep 27 2024|1:55 PM IST.

Articles You Can Be Interested In