.2 minutes read Last Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day set down payment system as aspect of its cheery time offerings.Visit here to get in touch with our company on WhatsApp.The bank is actually delivering a rates of interest of 8.10 percent per annum for the so-called very elderly Folks, 7.95 per-cent for senior citizens, and also 7.45 percent for other consumers under non-callable deposits (those going over Rs 1 crore).Under callable deposits with a possibility of early drawback, the banking company is giving rate of interest of 7.95 percent per annum (p.a.) for tremendously senior citizens, 7.80 percent for elderly people as well as 7.30 per-cent for other customers. .Key features of the system:.Timeframe: 400 times.Down Payment Quantity: Less than Rs 3 crore.Availability: All branches and also digital stations (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Homeowner Indians, NRE (Non-Resident External) profile, and also NRO (Non-Resident Regular) account holders.Rate of interest:.Non-callable deposits (for volumes over Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Senior citizens: 7.95 per-cent p.a.- Other clients: 7.45 per-cent p.a.Callable deposits (with early withdrawal option):.- Super seniors: 7.95 percent p.a.- Senior citizens: 7.80 per-cent p.a.- Other clients: 7.30 percent p.a.Clients curious about the system can visit their local BOI division or utilize the banking company's digital platforms - BOI Omni Neo App or even Internet Banking - to open up a corrected down payment under this scheme.List of recently changed interest rates by BOI:
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First Posted: Sep 27 2024|1:55 PM IST.