.2 minutes read through Final Updated: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day preset down payment system as portion of its own festive time offerings.Visit this site to associate with us on WhatsApp.The bank is providing a rates of interest of 8.10 per cent per annum for the alleged very elderly People, 7.95 per-cent for senior citizens, and 7.45 percent for various other clients under non-callable deposits (those going beyond Rs 1 crore).Under callable deposits with a possibility of early withdrawal, the financial institution is delivering interest rate of 7.95 percent every year (p.a.) for super senior citizens, 7.80 per cent for seniors as well as 7.30 percent for other consumers. .Trick features of the scheme:.Period: 400 days.Deposit Amount: Lower Than Rs 3 crore.Accessibility: All branches and electronic networks (BOI Omni Neo App/ Electronic Banking).Eligible depositors: Resident Indians, NRE (Non-Resident External) profile, as well as NRO (Non-Resident Normal) account holders.Rate of interest:.Non-callable down payments (for volumes more than Rs 1 crore):.- Super senior citizens: 8.10 per cent p.a.- Seniors: 7.95 percent p.a.- Other consumers: 7.45 per-cent p.a.Callable deposits (along with premature drawback option):.- Super elderly people: 7.95 percent p.a.- Elderly people: 7.80 per cent p.a.- Other customers: 7.30 per-cent p.a.Customers considering the system can easily explore their local BOI branch or even make use of the bank's electronic systems - BOI Omni Neo App or Electronic Banking - to open up a corrected down payment under this scheme.List of just recently modified interest rates by BOI:
.
First Published: Sep 27 2024|1:55 PM IST.