.2 minutes read Final Upgraded: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday launched a 400-day predetermined deposit program as part of its festive time offerings.Click on this link to connect with our team on WhatsApp.The financial institution is offering a rates of interest of 8.10 percent per annum for the supposed extremely senior People, 7.95 percent for elderly people, and also 7.45 percent for other consumers under non-callable down payments (those going beyond Rs 1 crore).Under callable consign an option of early drawback, the financial institution is actually supplying interest rate of 7.95 per cent every annum (p.a.) for super senior citizens, 7.80 percent for senior citizens and also 7.30 per-cent for various other consumers. .Key functions of the system:.Length: 400 times.Deposit Amount: Less than Rs 3 crore.Accessibility: All divisions and electronic stations (BOI Omni Neo Application/ Internet Banking).Eligible depositors: Local Indians, NRE (Non-Resident Exterior) account, as well as NRO (Non-Resident Common) account owners.Interest rates:.Non-callable down payments (for quantities above Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Seniors: 7.95 percent p.a.- Various other clients: 7.45 per cent p.a.Callable down payments (along with premature withdrawal possibility):.- Super seniors: 7.95 percent p.a.- Senior citizens: 7.80 percent p.a.- Other consumers: 7.30 per-cent p.a.Consumers interested in the scheme can easily visit their nearby BOI division or use the bank’s digital systems – BOI Omni Neo Application or Internet Banking – to open up a taken care of deposit under this scheme.List of just recently changed rate of interest by BOI:
. 1st Posted: Sep 27 2024|1:55 PM IST.