Business

Bank of India launches 400-day fixed deposit plan for festive period Personal Financing

.2 minutes read Final Upgraded: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday introduced a 400-day predetermined down payment plan as component of its joyful season offerings.Visit this site to connect with our company on WhatsApp.The financial institution is providing a rates of interest of 8.10 percent per year for the alleged tremendously senior People, 7.95 percent for seniors, as well as 7.45 per cent for other consumers under non-callable deposits (those surpassing Rs 1 crore).Under callable deposits with a choice of untimely withdrawal, the banking company is offering interest rate of 7.95 per cent every year (p.a.) for tremendously elderly people, 7.80 per-cent for elderly people as well as 7.30 per-cent for other customers. .Trick components of the plan:.Timeframe: 400 days.Deposit Volume: Lower Than Rs 3 crore.Supply: All branches and also electronic networks (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Local Indians, NRE (Non-Resident External) profile, and NRO (Non-Resident Common) account holders.Rate of interest:.Non-callable deposits (for volumes over Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Seniors: 7.95 percent p.a.- Various other customers: 7.45 percent p.a.Callable deposits (with early drawback choice):.- Super seniors: 7.95 percent p.a.- Elderly people: 7.80 per-cent p.a.- Various other consumers: 7.30 per cent p.a.Clients interested in the scheme may explore their nearest BOI branch or even make use of the financial institution's digital systems - BOI Omni Neo App or Internet Banking - to open a fixed deposit under this scheme.List of recently modified rate of interest through BOI:
.
1st Posted: Sep 27 2024|1:55 PM IST.