.2 minutes reviewed Final Upgraded: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day predetermined deposit system as component of its own festive time offerings.Click here to associate with our team on WhatsApp.The financial institution is providing an interest rate of 8.10 percent per year for the supposed very senior Citizens, 7.95 per cent for senior citizens, and 7.45 per-cent for various other customers under non-callable down payments (those going over Rs 1 crore).Under callable deposits with an alternative of early drawback, the bank is supplying interest rate of 7.95 percent every year (p.a.) for tremendously senior citizens, 7.80 per cent for senior citizens and also 7.30 percent for various other clients. .Key features of the plan:.Length: 400 days.Deposit Amount: Less than Rs 3 crore.Schedule: All branches as well as electronic stations (BOI Omni Neo Application/ Electronic Banking).Eligible depositors: Citizen Indians, NRE (Non-Resident Exterior) account, and also NRO (Non-Resident Common) account owners.Rate of interest:.Non-callable down payments (for quantities more than Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Elderly people: 7.95 per-cent p.a.- Other consumers: 7.45 percent p.a.Callable deposits (with early drawback alternative):.- Super senior citizens: 7.95 per-cent p.a.- Elderly people: 7.80 per cent p.a.- Various other customers: 7.30 per-cent p.a.Clients thinking about the program can see their closest BOI division or make use of the banking company's digital platforms - BOI Omni Neo App or Internet Banking - to open up a repaired down payment under this scheme.List of just recently changed interest rates by BOI:
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Very First Released: Sep 27 2024|1:55 PM IST.