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Bank of India launches 400-day fixed deposit system for festive period Personal Money

.2 minutes read Last Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day set down payment system as portion of its cheery time offerings.Go here to associate with our team on WhatsApp.The banking company is actually providing a rate of interest of 8.10 per cent every annum for the supposed very elderly Folks, 7.95 per-cent for elderly people, as well as 7.45 per cent for various other customers under non-callable deposits (those going over Rs 1 crore).Under callable deposits with an option of untimely drawback, the banking company is actually using interest rate of 7.95 percent every annum (p.a.) for incredibly seniors, 7.80 per cent for senior citizens and 7.30 percent for various other consumers. .Trick attributes of the system:.Timeframe: 400 days.Deposit Volume: Less than Rs 3 crore.Supply: All divisions as well as electronic channels (BOI Omni Neo App/ Electronic Banking).Eligible depositors: Resident Indians, NRE (Non-Resident Exterior) account, and NRO (Non-Resident Common) account owners.Rate of interest:.Non-callable deposits (for quantities above Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Senior citizens: 7.95 per cent p.a.- Other customers: 7.45 per-cent p.a.Callable deposits (with untimely withdrawal choice):.- Super senior citizens: 7.95 per cent p.a.- Seniors: 7.80 per cent p.a.- Other consumers: 7.30 percent p.a.Clients thinking about the program can easily explore their local BOI division or use the bank's electronic platforms - BOI Omni Neo Application or even Internet Banking - to open up a taken care of down payment under this scheme.List of just recently revised interest rates through BOI:
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1st Published: Sep 27 2024|1:55 PM IST.