.2 minutes read Final Upgraded: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day predetermined down payment system as part of its festive season offerings.Go here to get in touch with our company on WhatsApp.The bank is providing a rates of interest of 8.10 per cent per annum for the so-called incredibly senior Folks, 7.95 per cent for elderly people, and also 7.45 per cent for other clients under non-callable deposits (those going over Rs 1 crore).Under callable consign an alternative of premature drawback, the bank is giving rate of interest of 7.95 per cent every year (p.a.) for extremely seniors, 7.80 per cent for senior citizens and also 7.30 percent for other customers. .Secret functions of the system:.Duration: 400 times.Down Payment Amount: Less than Rs 3 crore.Schedule: All divisions as well as digital networks (BOI Omni Neo Application/ Electronic Banking).Eligible depositors: Individual Indians, NRE (Non-Resident Exterior) account, and also NRO (Non-Resident Common) account holders.Rates of interest:.Non-callable down payments (for amounts over Rs 1 crore):.- Super seniors: 8.10 per-cent p.a.- Seniors: 7.95 per-cent p.a.- Various other clients: 7.45 per-cent p.a.Callable down payments (along with premature withdrawal option):.- Super senior citizens: 7.95 percent p.a.- Elderly people: 7.80 per-cent p.a.- Various other customers: 7.30 per cent p.a.Customers considering the system may explore their local BOI division or even utilize the financial institution's digital platforms - BOI Omni Neo Application or even Electronic Banking - to open a corrected deposit under this scheme.List of lately modified rates of interest by BOI:
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Very First Posted: Sep 27 2024|1:55 PM IST.