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Bank of India launches 400-day repaired deposit plan for festive period Personal Finance

.2 minutes read through Last Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day set down payment plan as portion of its cheery period offerings.Click on this link to connect with us on WhatsApp.The banking company is giving a rate of interest of 8.10 per-cent every year for the alleged very senior Folks, 7.95 per-cent for seniors, as well as 7.45 per cent for other clients under non-callable down payments (those going beyond Rs 1 crore).Under callable consign a choice of premature drawback, the bank is actually providing rate of interest of 7.95 per-cent every annum (p.a.) for super seniors, 7.80 percent for elderly people as well as 7.30 per cent for other consumers. .Key components of the plan:.Length: 400 days.Deposit Amount: Less than Rs 3 crore.Availability: All divisions as well as electronic channels (BOI Omni Neo App/ Internet Banking).Eligible depositors: Citizen Indians, NRE (Non-Resident External) account, as well as NRO (Non-Resident Common) account holders.Rates of interest:.Non-callable down payments (for volumes greater than Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Elderly people: 7.95 percent p.a.- Various other consumers: 7.45 per-cent p.a.Callable deposits (along with early drawback option):.- Super elderly people: 7.95 per cent p.a.- Seniors: 7.80 per cent p.a.- Other clients: 7.30 per cent p.a.Clients curious about the system may visit their nearest BOI division or even use the banking company's electronic systems - BOI Omni Neo App or even Electronic Banking - to open a corrected deposit under this scheme.List of recently changed rate of interest through BOI:
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Initial Released: Sep 27 2024|1:55 PM IST.