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Bank of India launches 400-day repaired deposit system for cheery period Personal Financial

.2 min went through Last Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day set down payment program as part of its joyful season offerings.Visit here to connect with our team on WhatsApp.The financial institution is using a rate of interest of 8.10 per-cent every year for the alleged extremely senior People, 7.95 per cent for seniors, and 7.45 percent for other consumers under non-callable down payments (those exceeding Rs 1 crore).Under callable deposits with an alternative of early withdrawal, the bank is actually giving rate of interest of 7.95 per-cent per year (p.a.) for very seniors, 7.80 percent for senior citizens as well as 7.30 per-cent for other consumers. .Secret functions of the system:.Duration: 400 days.Deposit Volume: Less than Rs 3 crore.Supply: All branches and digital networks (BOI Omni Neo Application/ Electronic Banking).Qualified depositors: Homeowner Indians, NRE (Non-Resident Exterior) profile, and also NRO (Non-Resident Normal) account owners.Rates of interest:.Non-callable deposits (for quantities over Rs 1 crore):.- Super elderly people: 8.10 per-cent p.a.- Senior citizens: 7.95 per cent p.a.- Various other clients: 7.45 per-cent p.a.Callable down payments (with early withdrawal choice):.- Super senior citizens: 7.95 per-cent p.a.- Senior citizens: 7.80 per cent p.a.- Various other consumers: 7.30 per cent p.a.Clients interested in the scheme may explore their closest BOI branch or even use the banking company's digital platforms - BOI Omni Neo App or Internet Banking - to open a corrected down payment under this scheme.List of just recently revised rate of interest by BOI:
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Very First Released: Sep 27 2024|1:55 PM IST.