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Bank of India launches 400-day repaired down payment system for festive season Personal Finance

.2 minutes reviewed Final Updated: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday released a 400-day set down payment scheme as component of its cheery period offerings.Click on this link to connect with our team on WhatsApp.The bank is providing an interest rate of 8.10 per cent per annum for the supposed incredibly senior Citizens, 7.95 percent for senior citizens, and also 7.45 per-cent for various other consumers under non-callable deposits (those going beyond Rs 1 crore).Under callable deposits with an alternative of early withdrawal, the banking company is providing interest rate of 7.95 percent every year (p.a.) for very senior citizens, 7.80 per cent for seniors and 7.30 per-cent for various other consumers. .Secret features of the scheme:.Duration: 400 days.Down Payment Amount: Lower Than Rs 3 crore.Availability: All divisions and digital stations (BOI Omni Neo Application/ Internet Banking).Qualified depositors: Citizen Indians, NRE (Non-Resident Outside) profile, and NRO (Non-Resident Normal) account owners.Interest rates:.Non-callable deposits (for quantities more than Rs 1 crore):.- Super seniors: 8.10 per-cent p.a.- Senior citizens: 7.95 percent p.a.- Other clients: 7.45 per cent p.a.Callable down payments (along with premature drawback option):.- Super elderly people: 7.95 percent p.a.- Senior citizens: 7.80 per cent p.a.- Various other clients: 7.30 per cent p.a.Customers considering the scheme can easily see their nearby BOI branch or even use the banking company's digital systems - BOI Omni Neo App or Electronic Banking - to open up 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.