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Bank of India launches 400-day fixed down payment scheme for joyful time Personal Finance

.2 min checked out Final Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day preset down payment plan as component of its own cheery season offerings.Visit this site to connect with us on WhatsApp.The banking company is actually providing an interest rate of 8.10 per-cent per year for the so-called super senior Folks, 7.95 per-cent for senior citizens, as well as 7.45 percent for various other clients under non-callable deposits (those surpassing Rs 1 crore).Under callable deposits with a possibility of early drawback, the financial institution is actually using rate of interest of 7.95 percent every year (p.a.) for super seniors, 7.80 percent for elderly people as well as 7.30 per cent for other clients. .Trick functions of the plan:.Period: 400 days.Deposit Quantity: Lower Than Rs 3 crore.Accessibility: All divisions and also electronic stations (BOI Omni Neo App/ Internet Banking).Qualified depositors: Resident Indians, NRE (Non-Resident Exterior) profile, as well as NRO (Non-Resident Usual) account holders.Rate of interest:.Non-callable down payments (for amounts greater than Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Senior citizens: 7.95 per cent p.a.- Other customers: 7.45 percent p.a.Callable down payments (with early withdrawal option):.- Super senior citizens: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Various other clients: 7.30 percent p.a.Consumers curious about the plan can explore their nearby BOI branch or even use the financial institution's electronic systems - BOI Omni Neo App or even Internet Banking - to open a fixed deposit under this scheme.List of lately revised interest rates through BOI:
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1st Posted: Sep 27 2024|1:55 PM IST.

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