.2 min reviewed Last Upgraded: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day predetermined down payment program as part of its own cheery time offerings.Visit here to connect with our company on WhatsApp.The financial institution is actually offering a rate of interest of 8.10 per cent per annum for the supposed incredibly elderly People, 7.95 per-cent for seniors, and 7.45 percent for other customers under non-callable deposits (those going over Rs 1 crore).Under callable consign an alternative of untimely withdrawal, the banking company is actually supplying interest rate of 7.95 per cent per annum (p.a.) for incredibly elderly people, 7.80 per-cent for senior citizens and also 7.30 per-cent for various other clients. .Key attributes of the program:.Period: 400 times.Deposit Volume: Lower Than Rs 3 crore.Schedule: All branches as well as digital networks (BOI Omni Neo Application/ Electronic Banking).Entitled depositors: Resident Indians, NRE (Non-Resident Exterior) profile, and also NRO (Non-Resident Normal) account holders.Rates of interest:.Non-callable down payments (for amounts greater than Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Seniors: 7.95 per cent p.a.- Other customers: 7.45 per cent p.a.Callable deposits (with untimely drawback option):.- Super seniors: 7.95 percent p.a.- Elderly people: 7.80 per-cent p.a.- Various other customers: 7.30 percent p.a.Consumers curious about the system may explore their local BOI division or make use of the financial institution's electronic systems - BOI Omni Neo Application or even Electronic Banking - to open a repaired down payment under this scheme.List of recently changed rates of interest through BOI:
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1st Posted: Sep 27 2024|1:55 PM IST.