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Bank of India launches 400-day repaired deposit scheme for festive time Personal Financing

.2 minutes read through Final Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday released a 400-day preset deposit plan as component of its festive time offerings.Visit here to get in touch with our company on WhatsApp.The bank is giving an interest rate of 8.10 per-cent every year for the alleged extremely senior Folks, 7.95 per cent for senior citizens, and also 7.45 percent for other customers under non-callable deposits (those surpassing Rs 1 crore).Under callable deposits with an alternative of early withdrawal, the banking company is delivering interest rate of 7.95 percent every year (p.a.) for super seniors, 7.80 per-cent for senior citizens and also 7.30 percent for other customers. .Key functions of the system:.Length: 400 days.Down Payment Quantity: Less than Rs 3 crore.Schedule: All branches as well as electronic networks (BOI Omni Neo App/ Internet Banking).Qualified depositors: Resident Indians, NRE (Non-Resident Outside) profile, as well as NRO (Non-Resident Normal) account holders.Interest rates:.Non-callable deposits (for volumes greater than 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 down payments (with untimely withdrawal alternative):.- Super senior citizens: 7.95 percent p.a.- Senior citizens: 7.80 percent p.a.- Other customers: 7.30 percent p.a.Consumers considering the plan may visit their local BOI division or even utilize the financial institution's electronic systems - BOI Omni Neo Application or even Internet Banking - to open a repaired deposit under this scheme.List of just recently revised rate of interest through BOI:
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Initial Posted: Sep 27 2024|1:55 PM IST.