.2 minutes read Final Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day preset deposit system as aspect of its joyful season offerings.Click on this link to connect with us on WhatsApp.The bank is giving a rate of interest of 8.10 percent every annum for the so-called super elderly Folks, 7.95 per cent for senior citizens, and also 7.45 per cent for various other customers under non-callable deposits (those surpassing Rs 1 crore).Under callable deposits with a possibility of untimely drawback, the bank is delivering rate of interest of 7.95 per-cent every year (p.a.) for very seniors, 7.80 per-cent for senior citizens as well as 7.30 percent for various other customers. .Key components of the plan:.Duration: 400 days.Deposit Amount: Lower Than Rs 3 crore.Supply: All branches and digital stations (BOI Omni Neo App/ Electronic Banking).Qualified depositors: Resident Indians, NRE (Non-Resident Exterior) account, as well as NRO (Non-Resident Ordinary) account holders.Interest rates:.Non-callable deposits (for amounts greater than Rs 1 crore):.- Super senior citizens: 8.10 per-cent p.a.- Elderly people: 7.95 per-cent p.a.- Other clients: 7.45 percent p.a.Callable down payments (along with premature withdrawal choice):.- Super senior citizens: 7.95 per cent p.a.- Seniors: 7.80 per cent p.a.- Various other consumers: 7.30 per cent p.a.Clients considering the system can easily visit their nearby BOI branch or use the banking company's electronic systems - BOI Omni Neo Application or even Internet Banking - to open up a fixed deposit under this scheme.List of lately changed rate of interest by BOI:
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Initial Published: Sep 27 2024|1:55 PM IST.