.2 minutes read Last Upgraded: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day predetermined down payment program as aspect of its cheery time offerings.Click here to associate with us on WhatsApp.The bank is actually delivering a rate of interest of 8.10 percent per annum for the supposed very senior Citizens, 7.95 per cent for seniors, as well as 7.45 per-cent for various other consumers under non-callable down payments (those surpassing Rs 1 crore).Under callable deposits with an alternative of early withdrawal, the financial institution is actually delivering rate of interest of 7.95 percent per annum (p.a.) for extremely seniors, 7.80 per cent for seniors and 7.30 per cent for other clients. .Secret functions of the plan:.Timeframe: 400 days.Deposit Volume: Less than Rs 3 crore.Supply: All divisions as well as electronic stations (BOI Omni Neo Application/ Internet Banking).Eligible depositors: Local Indians, NRE (Non-Resident Outside) profile, and NRO (Non-Resident Normal) account holders.Rate of interest:.Non-callable down payments (for volumes over Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Elderly people: 7.95 percent p.a.- Other customers: 7.45 per cent p.a.Callable deposits (with untimely drawback possibility):.- Super senior citizens: 7.95 per cent p.a.- Senior citizens: 7.80 per cent p.a.- Various other customers: 7.30 per-cent p.a.Clients interested in the program may see their nearest BOI branch or make use of the financial institution's electronic platforms - BOI Omni Neo App or Internet Banking - to open a fixed down payment under this scheme.List of lately modified rates of interest by BOI:
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Very First Released: Sep 27 2024|1:55 PM IST.