Business

Bank of India launches 400-day taken care of deposit scheme for festive period Personal Finance

.2 minutes checked out Last Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day predetermined down payment program as part of its own festive time offerings.Visit this site to connect with our company on WhatsApp.The bank is actually offering a rates of interest of 8.10 percent per annum for the alleged incredibly elderly People, 7.95 percent for seniors, and also 7.45 percent for various other clients under non-callable down payments (those going over Rs 1 crore).Under callable deposits with a choice of untimely drawback, the bank is actually providing rate of interest of 7.95 per-cent per year (p.a.) for tremendously seniors, 7.80 percent for seniors as well as 7.30 per-cent for various other customers. .Secret features of the system:.Length: 400 days.Deposit Volume: Lower Than Rs 3 crore.Supply: All divisions as well as electronic stations (BOI Omni Neo App/ Internet Banking).Entitled depositors: Resident Indians, NRE (Non-Resident External) profile, as well as NRO (Non-Resident Ordinary) account holders.Interest rates:.Non-callable deposits (for quantities over Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Elderly people: 7.95 per-cent p.a.- Other customers: 7.45 per cent p.a.Callable down payments (along with early withdrawal option):.- Super seniors: 7.95 percent p.a.- Elderly people: 7.80 percent p.a.- Other customers: 7.30 per cent p.a.Customers curious about the plan can visit their nearest BOI branch or even make use of the banking company's digital systems - BOI Omni Neo App or Internet Banking - to open a fixed down payment under this scheme.List of lately revised rates of interest by BOI:
.
Very First Published: Sep 27 2024|1:55 PM IST.

Articles You Can Be Interested In