.2 min read Last Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day predetermined down payment scheme as part of its cheery period offerings.Visit this site to connect with our company on WhatsApp.The financial institution is offering a rates of interest of 8.10 per cent per year for the so-called very elderly Folks, 7.95 percent for senior citizens, as well as 7.45 percent for various other clients under non-callable down payments (those going beyond Rs 1 crore).Under callable deposits with an option of untimely drawback, the financial institution is actually providing interest rate of 7.95 percent per year (p.a.) for extremely seniors, 7.80 per-cent for senior citizens and also 7.30 per-cent for various other clients. .Trick attributes of the scheme:.Length: 400 days.Down Payment Quantity: Lower Than Rs 3 crore.Accessibility: All branches and digital channels (BOI Omni Neo Application/ Electronic Banking).Entitled depositors: Homeowner Indians, NRE (Non-Resident Outside) profile, and NRO (Non-Resident Normal) account owners.Rate of interest:.Non-callable down payments (for volumes more than Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Seniors: 7.95 per-cent p.a.- Other clients: 7.45 percent p.a.Callable down payments (along with untimely drawback possibility):.- Super seniors: 7.95 per-cent p.a.- Elderly people: 7.80 per-cent p.a.- Various other consumers: 7.30 per cent p.a.Clients interested in the program can easily explore their nearest BOI branch or even utilize the banking company's electronic systems - BOI Omni Neo App or even Internet Banking - to open up a fixed deposit under this scheme.List of just recently revised rate of interest through BOI:
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First Posted: Sep 27 2024|1:55 PM IST.