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Bank of India launches 400-day corrected down payment plan for festive period Personal Finance

.2 min checked out Last Upgraded: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday introduced a 400-day predetermined down payment program as part of its cheery time offerings.Go here to get in touch with our team on WhatsApp.The bank is actually supplying a rates of interest of 8.10 percent every annum for the so-called super senior People, 7.95 percent for seniors, as well as 7.45 per-cent for various other consumers under non-callable down payments (those exceeding Rs 1 crore).Under callable deposits with a choice of early drawback, the bank is actually giving rate of interest of 7.95 per-cent per annum (p.a.) for extremely senior citizens, 7.80 percent for senior citizens as well as 7.30 percent for other clients. .Secret components of the program:.Length: 400 days.Deposit Volume: Lower Than Rs 3 crore.Availability: All divisions and also electronic networks (BOI Omni Neo Application/ Internet Banking).Eligible depositors: Homeowner Indians, NRE (Non-Resident Outside) account, and also NRO (Non-Resident Average) account holders.Rate of interest:.Non-callable down payments (for volumes more than Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Seniors: 7.95 per-cent p.a.- Various other customers: 7.45 percent p.a.Callable deposits (along with untimely drawback choice):.- Super senior citizens: 7.95 per cent p.a.- Seniors: 7.80 percent p.a.- Other customers: 7.30 per-cent p.a.Consumers curious about the system can easily visit their nearest BOI division or even make use of the financial institution's electronic platforms - BOI Omni Neo Application or even Internet Banking - to open up a fixed deposit under this scheme.List of lately modified interest rates by BOI:
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First Released: Sep 27 2024|1:55 PM IST.

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