.2 minutes read through Final Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day preset down payment program as portion of its own cheery season offerings.Go here to get in touch with us on WhatsApp.The bank is actually providing an interest rate of 8.10 per-cent per year for the so-called extremely elderly People, 7.95 per cent for seniors, and also 7.45 percent for various other consumers under non-callable deposits (those going beyond Rs 1 crore).Under callable deposits with a choice of premature drawback, the financial institution is providing interest rate of 7.95 per-cent every year (p.a.) for incredibly senior citizens, 7.80 per cent for elderly people and 7.30 per-cent for other consumers. .Trick functions of the program:.Length: 400 times.Deposit Amount: Lower Than Rs 3 crore.Availability: All divisions and electronic stations (BOI Omni Neo Application/ Electronic Banking).Eligible depositors: Local Indians, NRE (Non-Resident Exterior) profile, as well as NRO (Non-Resident Regular) account holders.Interest rates:.Non-callable deposits (for amounts over Rs 1 crore):.- Super senior citizens: 8.10 per cent p.a.- Seniors: 7.95 percent p.a.- Other customers: 7.45 percent p.a.Callable down payments (along with premature drawback option):.- Super senior citizens: 7.95 percent p.a.- Senior citizens: 7.80 percent p.a.- Various other consumers: 7.30 per cent p.a.Customers curious about the plan can explore their nearest BOI branch or even use the bank's digital systems - BOI Omni Neo App or even Electronic Banking - to open up a corrected down payment under this scheme.List of recently revised rates of interest through BOI:
.
Initial Released: Sep 27 2024|1:55 PM IST.