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Bank of India launches 400-day corrected deposit system for festive period Personal Financial

.2 min read Last Upgraded: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day predetermined down payment program as aspect of its cheery season offerings.Go here to connect with us on WhatsApp.The financial institution is supplying a rate of interest of 8.10 per-cent per annum for the supposed tremendously elderly Folks, 7.95 per cent for elderly people, and also 7.45 percent for various other consumers under non-callable down payments (those surpassing Rs 1 crore).Under callable consign an alternative of untimely withdrawal, the banking company is giving interest rate of 7.95 percent per annum (p.a.) for incredibly elderly people, 7.80 percent for seniors and 7.30 per-cent for other customers. .Secret attributes of the system:.Duration: 400 days.Deposit Amount: Less than Rs 3 crore.Schedule: All divisions and digital networks (BOI Omni Neo App/ Internet Banking).Qualified depositors: Local Indians, NRE (Non-Resident External) account, as well as NRO (Non-Resident Ordinary) account owners.Rate of interest:.Non-callable deposits (for amounts more than Rs 1 crore):.- Super senior citizens: 8.10 per cent p.a.- Seniors: 7.95 per cent p.a.- Other customers: 7.45 per cent p.a.Callable deposits (with early drawback choice):.- Super seniors: 7.95 percent p.a.- Senior citizens: 7.80 per-cent p.a.- Various other clients: 7.30 per cent p.a.Clients thinking about the scheme can explore their local BOI division or even use the banking company's electronic platforms - BOI Omni Neo Application or even Electronic Banking - to open up a corrected deposit under this scheme.List of recently revised rate of interest through BOI:
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1st Released: Sep 27 2024|1:55 PM IST.