.2 min checked out Last Updated: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday launched a 400-day fixed deposit program as component of its festive season offerings.Click here to get in touch with us on WhatsApp.The banking company is providing a rates of interest of 8.10 per cent every annum for the alleged tremendously elderly Folks, 7.95 percent for senior citizens, and 7.45 per cent for various other consumers under non-callable deposits (those going over Rs 1 crore).Under callable deposits with a choice of untimely drawback, the banking company is delivering rate of interest of 7.95 per-cent every annum (p.a.) for extremely senior citizens, 7.80 per-cent for seniors as well as 7.30 per-cent for various other consumers. .Secret features of the system:.Duration: 400 days.Down Payment Volume: Less than Rs 3 crore.Schedule: All divisions and digital channels (BOI Omni Neo Application/ Internet Banking).Eligible depositors: Homeowner Indians, NRE (Non-Resident Outside) account, and NRO (Non-Resident Ordinary) account holders.Interest rates:.Non-callable deposits (for volumes more than Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Seniors: 7.95 percent p.a.- Various other consumers: 7.45 percent p.a.Callable down payments (with early withdrawal possibility):.- Super seniors: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Other clients: 7.30 percent p.a.Customers considering the system may visit their nearby BOI division or use the financial institution’s digital systems – BOI Omni Neo App or Internet Banking – to open up a corrected down payment under this scheme.List of lately changed rates of interest through BOI:
. First Posted: Sep 27 2024|1:55 PM IST.