.2 min read through Last Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day predetermined down payment program as part of its own joyful season offerings.Click here to get in touch with our team on WhatsApp.The bank is actually providing a rate of interest of 8.10 percent per year for the alleged extremely senior Citizens, 7.95 per cent for elderly people, as well as 7.45 per cent for other clients under non-callable down payments (those surpassing Rs 1 crore).Under callable consign a possibility of premature withdrawal, the financial institution is giving interest rate of 7.95 percent every year (p.a.) for super seniors, 7.80 per-cent for elderly people as well as 7.30 percent for various other consumers. .Secret attributes of the system:.Length: 400 times.Deposit Quantity: Less than Rs 3 crore.Schedule: All branches and also digital networks (BOI Omni Neo App/ Internet Banking).Qualified depositors: Local Indians, NRE (Non-Resident Exterior) account, as well as NRO (Non-Resident Regular) account owners.Interest rates:.Non-callable deposits (for amounts more than Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Elderly people: 7.95 percent p.a.- Various other customers: 7.45 percent p.a.Callable deposits (with early drawback alternative):.- Super elderly people: 7.95 per-cent p.a.- Elderly people: 7.80 percent p.a.- Various other customers: 7.30 per cent p.a.Customers interested in the system can easily visit their closest BOI branch or even make use of the financial institution's electronic platforms - BOI Omni Neo App or even Internet Banking - to open a taken care of deposit under this scheme.List of lately revised rate of interest by BOI:
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1st Posted: Sep 27 2024|1:55 PM IST.