.2 minutes reviewed Last Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day set down payment system as component of its festive time offerings.Go here to get in touch with our team on WhatsApp.The bank is using an interest rate of 8.10 per cent per annum for the supposed incredibly senior Citizens, 7.95 percent for senior citizens, and also 7.45 per-cent for other clients under non-callable down payments (those surpassing Rs 1 crore).Under callable consign a possibility of early drawback, the banking company is actually giving rate of interest of 7.95 percent per annum (p.a.) for very seniors, 7.80 per cent for senior citizens and also 7.30 per-cent for various other customers. .Key functions of the program:.Period: 400 days.Deposit Volume: Lower Than Rs 3 crore.Accessibility: All divisions as well as electronic networks (BOI Omni Neo Application/ Internet Banking).Qualified depositors: Citizen Indians, NRE (Non-Resident Outside) account, as well as NRO (Non-Resident Regular) account holders.Rate of interest:.Non-callable deposits (for amounts greater than Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Elderly people: 7.95 percent p.a.- Various other clients: 7.45 per-cent p.a.Callable deposits (with early withdrawal option):.- Super elderly people: 7.95 per cent p.a.- Elderly people: 7.80 per-cent p.a.- Other customers: 7.30 per cent p.a.Consumers curious about the plan can see their closest BOI branch or use the financial institution's electronic systems - BOI Omni Neo App or Electronic Banking - to open a fixed deposit under this scheme.List of just recently changed rate of interest through BOI:
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First Posted: Sep 27 2024|1:55 PM IST.