.2 min read Last Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day preset deposit program as portion of its own joyful time offerings.Click here to associate with us on WhatsApp.The bank is actually delivering a rates of interest of 8.10 per-cent every year for the so-called tremendously senior People, 7.95 per-cent for elderly people, and 7.45 per cent for other customers under non-callable deposits (those going beyond Rs 1 crore).Under callable consign a choice of premature drawback, the banking company is actually using interest rate of 7.95 per-cent per year (p.a.) for extremely seniors, 7.80 per cent for elderly people as well as 7.30 per-cent for various other consumers. .Key functions of the scheme:.Length: 400 times.Deposit Amount: Lower Than Rs 3 crore.Supply: All branches and electronic stations (BOI Omni Neo Application/ Internet Banking).Entitled 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 greater than Rs 1 crore):.- Super seniors: 8.10 per-cent p.a.- Seniors: 7.95 per-cent p.a.- Other customers: 7.45 percent p.a.Callable deposits (along with untimely withdrawal option):.- Super seniors: 7.95 per cent p.a.- Senior citizens: 7.80 per-cent p.a.- Other customers: 7.30 per cent p.a.Consumers thinking about the system can explore their local BOI division or utilize the banking company's electronic systems - BOI Omni Neo Application or even Internet Banking - to open a fixed down payment under this scheme.List of lately modified rates of interest by BOI:
.
Very First Posted: Sep 27 2024|1:55 PM IST.