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Bank of India launches 400-day corrected down payment scheme for cheery season Personal Finance

.2 min read through Last Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day fixed deposit program as portion of its own cheery time offerings.Go here to connect with us on WhatsApp.The bank is actually providing a rate of interest of 8.10 per-cent every annum for the alleged tremendously elderly Folks, 7.95 percent for elderly people, and 7.45 percent for various other clients under non-callable deposits (those surpassing Rs 1 crore).Under callable consign an alternative of premature withdrawal, the bank is giving rate of interest of 7.95 per-cent every annum (p.a.) for extremely senior citizens, 7.80 percent for seniors and also 7.30 per cent for other clients. .Trick features of the plan:.Duration: 400 times.Down Payment Volume: Less than Rs 3 crore.Accessibility: All divisions and also electronic stations (BOI Omni Neo App/ Internet Banking).Eligible depositors: Resident Indians, NRE (Non-Resident Outside) account, and also NRO (Non-Resident Usual) account owners.Rate of interest:.Non-callable deposits (for volumes above Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Seniors: 7.95 per-cent p.a.- Other customers: 7.45 per cent p.a.Callable down payments (with untimely withdrawal option):.- Super elderly people: 7.95 per-cent p.a.- Senior citizens: 7.80 percent p.a.- Other clients: 7.30 percent p.a.Consumers interested in the scheme may visit their nearest BOI division or even use the bank's electronic systems - BOI Omni Neo Application or Electronic Banking - to open up a repaired down payment under this scheme.List of recently revised rate of interest by BOI:
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1st Posted: Sep 27 2024|1:55 PM IST.

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