.2 min read Last Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day fixed deposit system as portion of its joyful period offerings.Click on this link to get in touch with our team on WhatsApp.The bank is actually supplying an interest rate of 8.10 per cent every year for the so-called extremely elderly Folks, 7.95 per cent for senior citizens, and 7.45 per cent for various other customers under non-callable down payments (those going beyond Rs 1 crore).Under callable consign a choice of premature withdrawal, the bank is delivering interest rate of 7.95 per cent every annum (p.a.) for super seniors, 7.80 per cent for senior citizens and also 7.30 percent for various other consumers. .Key functions of the scheme:.Duration: 400 days.Down Payment Volume: Lower Than Rs 3 crore.Supply: All branches and digital stations (BOI Omni Neo Application/ Internet Banking).Qualified depositors: Individual Indians, NRE (Non-Resident Exterior) account, and NRO (Non-Resident Common) account holders.Rate of interest:.Non-callable deposits (for amounts greater than Rs 1 crore):.- Super seniors: 8.10 per cent p.a.- Elderly people: 7.95 per-cent p.a.- Other clients: 7.45 per-cent p.a.Callable deposits (with untimely withdrawal option):.- Super elderly people: 7.95 per cent p.a.- Elderly people: 7.80 percent p.a.- Various other clients: 7.30 per-cent p.a.Customers thinking about the scheme may see their local BOI division or use the bank’s electronic systems – BOI Omni Neo Application or even Electronic Banking – to open a dealt with down payment under this scheme.List of lately modified rate of interest by BOI:
. Very First Published: Sep 27 2024|1:55 PM IST.