.2 min read Last Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day preset down payment system as component of its own festive season offerings.Visit this site to get in touch with us on WhatsApp.The bank is providing a rate of interest of 8.10 percent per year for the supposed super elderly People, 7.95 percent for elderly people, as well as 7.45 per cent for other customers under non-callable deposits (those exceeding Rs 1 crore).Under callable consign an alternative of early drawback, the financial institution is giving interest rate of 7.95 per cent per annum (p.a.) for very elderly people, 7.80 per cent for senior citizens and 7.30 percent for various other clients. .Secret attributes of the scheme:.Duration: 400 days.Deposit Volume: Lower Than Rs 3 crore.Supply: All divisions as well as digital stations (BOI Omni Neo Application/ Internet Banking).Qualified depositors: Resident Indians, NRE (Non-Resident External) profile, as well as NRO (Non-Resident Regular) account owners.Interest rates:.Non-callable deposits (for amounts greater than Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Senior citizens: 7.95 per cent p.a.- Other clients: 7.45 per cent p.a.Callable deposits (with premature withdrawal option):.- Super elderly people: 7.95 per cent p.a.- Senior citizens: 7.80 per-cent p.a.- Various other consumers: 7.30 per cent p.a.Consumers considering the scheme can visit their local BOI branch or use the bank's electronic platforms - BOI Omni Neo Application or even Internet Banking - to open up a repaired down payment under this scheme.List of just recently changed rates of interest through BOI:
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Very First Published: Sep 27 2024|1:55 PM IST.