.2 min went through Last Updated: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day fixed down payment scheme as part of its joyful season offerings.Click on this link to connect with our team on WhatsApp.The banking company is supplying a rates of interest of 8.10 per-cent every annum for the supposed extremely senior Citizens, 7.95 per cent for elderly people, and 7.45 per cent for various other customers under non-callable deposits (those going beyond Rs 1 crore).Under callable consign an option of early drawback, the banking company is supplying rate of interest of 7.95 percent every annum (p.a.) for tremendously seniors, 7.80 per cent for elderly people and also 7.30 per cent for various other clients. .Key functions of the scheme:.Period: 400 days.Deposit Volume: Lower Than Rs 3 crore.Supply: All divisions as well as digital channels (BOI Omni Neo App/ Internet Banking).Qualified depositors: Resident Indians, NRE (Non-Resident Exterior) account, as well as NRO (Non-Resident Regular) account owners.Interest rates:.Non-callable down payments (for quantities more than Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Seniors: 7.95 percent p.a.- Various other consumers: 7.45 per-cent p.a.Callable down payments (along with premature withdrawal choice):.- Super senior citizens: 7.95 percent p.a.- Elderly people: 7.80 percent p.a.- Other customers: 7.30 percent p.a.Customers curious about the scheme may see their nearby BOI division or even make use of the bank's electronic systems - BOI Omni Neo App or even Electronic Banking - to open up a corrected deposit under this scheme.List of recently modified rate of interest by BOI:
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First Published: Sep 27 2024|1:55 PM IST.