.2 min checked out Last Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day set down payment program as component of its own festive period offerings.Visit this site to connect with our company on WhatsApp.The financial institution is giving an interest rate of 8.10 per cent per year for the so-called very senior Citizens, 7.95 per cent for elderly people, and 7.45 per-cent for other clients under non-callable down payments (those going over Rs 1 crore).Under callable deposits with a possibility of early withdrawal, the bank is delivering rate of interest of 7.95 percent per annum (p.a.) for super seniors, 7.80 percent for elderly people and 7.30 percent for various other customers. .Key attributes of the system:.Timeframe: 400 days.Deposit Amount: Lower Than Rs 3 crore.Schedule: All divisions as well as digital networks (BOI Omni Neo App/ Electronic Banking).Qualified depositors: Homeowner Indians, NRE (Non-Resident Exterior) profile, and NRO (Non-Resident Common) account owners.Rate of interest:.Non-callable down payments (for volumes greater than Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Seniors: 7.95 per-cent p.a.- Various other customers: 7.45 per cent p.a.Callable deposits (with untimely withdrawal option):.- Super seniors: 7.95 percent p.a.- Elderly people: 7.80 per cent p.a.- Other clients: 7.30 per-cent p.a.Clients curious about the plan can easily see their local BOI branch or make use of the financial institution's digital systems - BOI Omni Neo App or Internet Banking - to open up a dealt with down payment under this scheme.List of just recently changed interest rates through BOI:
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First Posted: Sep 27 2024|1:55 PM IST.