.2 min went through Final Updated: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day predetermined deposit program as portion of its own joyful period offerings.Go here to associate with our team on WhatsApp.The financial institution is using a rates of interest of 8.10 per cent per annum for the so-called incredibly senior Citizens, 7.95 per cent for senior citizens, and 7.45 per cent for various other clients under non-callable deposits (those going beyond Rs 1 crore).Under callable deposits with an option of untimely drawback, the bank is giving rate of interest of 7.95 per cent every annum (p.a.) for super elderly people, 7.80 per-cent for elderly people and 7.30 per-cent for other clients. .Key features of the plan:.Duration: 400 days.Down Payment Volume: Less than Rs 3 crore.Supply: All divisions as well as electronic stations (BOI Omni Neo Application/ Electronic Banking).Eligible depositors: Resident Indians, NRE (Non-Resident Outside) account, and NRO (Non-Resident Ordinary) account holders.Rate of interest:.Non-callable down payments (for quantities above Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Elderly people: 7.95 per cent p.a.- Various other consumers: 7.45 per-cent p.a.Callable down payments (with premature drawback alternative):.- Super elderly people: 7.95 percent p.a.- Senior citizens: 7.80 per-cent p.a.- Various other clients: 7.30 per cent p.a.Clients interested in the program can easily visit their closest BOI branch or use the bank's electronic platforms - BOI Omni Neo App or even Internet Banking - to open up a repaired down payment under this scheme.List of just recently modified rate of interest through BOI:
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1st Released: Sep 27 2024|1:55 PM IST.