.2 min reviewed Final Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day preset down payment system as aspect of its own joyful time offerings.Click on this link to associate with our team on WhatsApp.The financial institution is actually giving a rate of interest of 8.10 per-cent every year for the supposed super elderly Citizens, 7.95 per-cent for seniors, and 7.45 per-cent for various other consumers under non-callable down payments (those exceeding Rs 1 crore).Under callable consign a possibility of premature withdrawal, the financial institution is actually offering interest rate of 7.95 per-cent every annum (p.a.) for super seniors, 7.80 percent for seniors and also 7.30 per-cent for other clients. .Key functions of the system:.Length: 400 times.Deposit Amount: Lower Than Rs 3 crore.Availability: All branches as well as electronic networks (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Citizen Indians, NRE (Non-Resident External) account, and also NRO (Non-Resident Regular) account owners.Interest rates:.Non-callable deposits (for quantities over Rs 1 crore):.- Super senior citizens: 8.10 per cent p.a.- Senior citizens: 7.95 per-cent p.a.- Various other consumers: 7.45 per cent p.a.Callable deposits (with early drawback alternative):.- Super senior citizens: 7.95 percent p.a.- Senior citizens: 7.80 per-cent p.a.- Various other clients: 7.30 per-cent p.a.Consumers curious about the plan can easily visit their nearby BOI division or make use of the banking company's digital systems - BOI Omni Neo Application or Internet Banking - to open a dealt with deposit under this scheme.List of recently changed rate of interest by BOI:
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1st Released: Sep 27 2024|1:55 PM IST.