.2 min read through Final Upgraded: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday released a 400-day preset down payment system as part of its own cheery time offerings.Go here to connect with our company on WhatsApp.The financial institution is using a rate of interest of 8.10 percent every year for the supposed incredibly senior People, 7.95 percent for elderly people, and also 7.45 per cent for other consumers under non-callable deposits (those going over Rs 1 crore).Under callable deposits with an alternative of untimely withdrawal, the bank is offering rate of interest of 7.95 per cent per annum (p.a.) for tremendously senior citizens, 7.80 per-cent for elderly people and 7.30 percent for various other consumers. .Trick components of the system:.Duration: 400 times.Down Payment Volume: Lower Than Rs 3 crore.Schedule: All branches as well as electronic networks (BOI Omni Neo App/ Internet Banking).Qualified depositors: Individual Indians, NRE (Non-Resident Outside) profile, and NRO (Non-Resident Regular) account owners.Rate of interest:.Non-callable deposits (for amounts above 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 down payments (along with early drawback option):.- Super elderly people: 7.95 per-cent p.a.- Senior citizens: 7.80 per-cent p.a.- Other clients: 7.30 per cent p.a.Customers interested in the plan can easily visit their nearby BOI branch or make use of the financial institution’s electronic platforms – BOI Omni Neo App or even Internet Banking – to open up a repaired deposit under this scheme.List of just recently changed interest rates by BOI:
. Initial Published: Sep 27 2024|1:55 PM IST.