Business

Bank of India launches 400-day corrected deposit scheme for festive period Personal Money

.2 minutes read Final Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day set down payment program as component of its own cheery period offerings.Click here to connect with our team on WhatsApp.The bank is giving a rates of interest of 8.10 per cent per annum for the supposed extremely senior People, 7.95 percent for seniors, and also 7.45 per cent for other consumers under non-callable deposits (those going beyond Rs 1 crore).Under callable deposits with a choice of untimely drawback, the banking company is actually delivering rate of interest of 7.95 percent per year (p.a.) for super senior citizens, 7.80 per-cent for senior citizens and also 7.30 per-cent for other clients. .Key features of the plan:.Duration: 400 days.Deposit Amount: Lower Than Rs 3 crore.Supply: All divisions and digital stations (BOI Omni Neo App/ Internet Banking).Qualified depositors: Individual Indians, NRE (Non-Resident External) account, as well as NRO (Non-Resident Normal) account owners.Rates of interest:.Non-callable down payments (for amounts more than Rs 1 crore):.- Super senior citizens: 8.10 per cent p.a.- Senior citizens: 7.95 per-cent p.a.- Various other customers: 7.45 per cent p.a.Callable deposits (along with early drawback possibility):.- Super seniors: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Various other customers: 7.30 per cent p.a.Consumers considering the system may visit their local BOI branch or use the banking company's digital platforms - BOI Omni Neo App or even Internet Banking - to open a corrected deposit under this scheme.List of lately changed rates of interest through BOI:
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Very First Published: Sep 27 2024|1:55 PM IST.