.2 min read through Last Updated: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day preset down payment plan as part of its cheery season offerings.Click here to get in touch with our team on WhatsApp.The bank is actually providing a rate of interest of 8.10 percent per year for the supposed super elderly Citizens, 7.95 percent for senior citizens, and 7.45 per cent for various other consumers under non-callable down payments (those going beyond Rs 1 crore).Under callable deposits with a choice of untimely drawback, the bank is offering rate of interest of 7.95 percent every year (p.a.) for incredibly senior citizens, 7.80 per cent for elderly people as well as 7.30 per-cent for various other clients. .Trick functions of the system:.Timeframe: 400 times.Deposit Volume: Less than Rs 3 crore.Accessibility: All branches and also digital networks (BOI Omni Neo App/ Internet Banking).Entitled depositors: Resident Indians, NRE (Non-Resident External) account, and also NRO (Non-Resident Usual) account holders.Rates of interest:.Non-callable deposits (for amounts above Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Senior citizens: 7.95 percent p.a.- Other customers: 7.45 per cent p.a.Callable deposits (along with untimely withdrawal choice):.- Super seniors: 7.95 per-cent p.a.- Senior citizens: 7.80 per-cent p.a.- Other consumers: 7.30 percent p.a.Customers considering the scheme may explore their closest BOI branch or make use of the financial institution's digital platforms - BOI Omni Neo App or Electronic Banking - to open a fixed down payment under this scheme.List of lately modified interest rates through BOI:
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First Published: Sep 27 2024|1:55 PM IST.