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Bank of India launches 400-day repaired deposit program for joyful period Personal Financial

.2 minutes read Last Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day set down payment system as portion of its joyful period offerings.Visit here to associate with our company on WhatsApp.The banking company is actually offering an interest rate of 8.10 per-cent per annum for the supposed super elderly People, 7.95 percent for elderly people, and 7.45 per-cent for other consumers under non-callable deposits (those going beyond Rs 1 crore).Under callable consign a possibility of early withdrawal, the financial institution is delivering interest rate of 7.95 per-cent per year (p.a.) for extremely seniors, 7.80 per cent for senior citizens and also 7.30 per-cent for other customers. .Secret features of the plan:.Timeframe: 400 days.Deposit Amount: Lower Than Rs 3 crore.Schedule: All branches and also electronic channels (BOI Omni Neo Application/ Electronic Banking).Eligible depositors: Homeowner Indians, NRE (Non-Resident External) account, as well as NRO (Non-Resident Average) account owners.Interest rates:.Non-callable deposits (for amounts greater than Rs 1 crore):.- Super seniors: 8.10 per-cent p.a.- Senior citizens: 7.95 percent p.a.- Various other clients: 7.45 per-cent p.a.Callable deposits (along with premature withdrawal option):.- Super elderly people: 7.95 percent p.a.- Elderly people: 7.80 per cent p.a.- Various other customers: 7.30 per-cent p.a.Customers thinking about the plan can easily explore their closest BOI branch or utilize the bank's digital systems - BOI Omni Neo Application or Electronic Banking - to open a repaired deposit under this scheme.List of recently revised rates of interest by BOI:
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Initial Published: Sep 27 2024|1:55 PM IST.