.2 min read through Final Improved: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday released a 400-day fixed deposit scheme as aspect of its joyful season offerings.Go here to get in touch with our company on WhatsApp.The banking company is actually using a rate of interest of 8.10 per cent every annum for the so-called very elderly People, 7.95 percent for senior citizens, as well as 7.45 percent for other customers under non-callable deposits (those going beyond Rs 1 crore).Under callable consign a possibility of untimely withdrawal, the bank is delivering interest rate of 7.95 per-cent every year (p.a.) for very elderly people, 7.80 percent for seniors and 7.30 percent for various other clients. .Secret features of the plan:.Period: 400 days.Down Payment Amount: Less than Rs 3 crore.Schedule: All divisions as well as electronic channels (BOI Omni Neo Application/ Electronic Banking).Eligible depositors: Citizen Indians, NRE (Non-Resident Exterior) profile, and also NRO (Non-Resident Ordinary) account owners.Rates of interest:.Non-callable deposits (for volumes more than Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Elderly people: 7.95 percent p.a.- Various other consumers: 7.45 percent p.a.Callable deposits (along with premature withdrawal choice):.- Super senior citizens: 7.95 per-cent p.a.- Seniors: 7.80 percent p.a.- Other consumers: 7.30 per-cent p.a.Consumers interested in the plan may explore their nearby BOI branch or use the bank's digital platforms - BOI Omni Neo Application or Electronic Banking - to open a dealt with deposit under this scheme.List of lately modified rate of interest by BOI:
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Initial Posted: Sep 27 2024|1:55 PM IST.