.2 minutes read through Final Improved: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday introduced a 400-day preset deposit system as aspect of its own joyful period offerings.Click on this link to associate with our team on WhatsApp.The financial institution is giving a rate of interest of 8.10 per cent every year for the so-called incredibly elderly Folks, 7.95 per-cent for seniors, as well as 7.45 per cent for various other consumers under non-callable deposits (those going beyond Rs 1 crore).Under callable deposits with an alternative of untimely withdrawal, the financial institution is actually giving rate of interest of 7.95 per-cent per annum (p.a.) for very senior citizens, 7.80 per-cent for senior citizens and 7.30 per cent for other consumers. .Secret attributes of the system:.Period: 400 days.Down Payment Quantity: Lower Than Rs 3 crore.Accessibility: All divisions and digital networks (BOI Omni Neo App/ Electronic Banking).Eligible depositors: Citizen Indians, NRE (Non-Resident Outside) profile, and also NRO (Non-Resident Normal) account owners.Rate of interest:.Non-callable down payments (for quantities greater than Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Elderly people: 7.95 per cent p.a.- Other clients: 7.45 percent p.a.Callable down payments (along with untimely withdrawal option):.- Super seniors: 7.95 per cent p.a.- Elderly people: 7.80 percent p.a.- Other customers: 7.30 per cent p.a.Consumers curious about the scheme can visit their nearest BOI branch or use the bank's digital systems - BOI Omni Neo Application or even Electronic Banking - to open up a taken care of down payment under this scheme.List of lately revised rate of interest by BOI:
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1st Published: Sep 27 2024|1:55 PM IST.