.2 minutes reviewed Last Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day preset down payment scheme as aspect of its own joyful season offerings.Visit this site to associate with our company on WhatsApp.The bank is supplying a rate of interest of 8.10 per cent every year for the so-called extremely elderly Citizens, 7.95 per cent for seniors, as well as 7.45 percent for other consumers under non-callable down payments (those surpassing Rs 1 crore).Under callable consign an option of untimely withdrawal, the financial institution is offering interest rate of 7.95 per cent per year (p.a.) for tremendously seniors, 7.80 per cent for elderly people as well as 7.30 per-cent for other customers. .Key components of the system:.Timeframe: 400 times.Deposit Amount: Lower Than Rs 3 crore.Availability: All branches and also digital networks (BOI Omni Neo Application/ Electronic Banking).Entitled depositors: Citizen Indians, NRE (Non-Resident External) profile, and also NRO (Non-Resident Average) account owners.Interest rates:.Non-callable down payments (for quantities more than Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Seniors: 7.95 per cent p.a.- Various other clients: 7.45 per-cent p.a.Callable deposits (along with early drawback option):.- Super senior citizens: 7.95 percent p.a.- Senior citizens: 7.80 percent p.a.- Various other customers: 7.30 per cent p.a.Consumers thinking about the system can easily explore their closest BOI branch or even make use of the banking company’s digital platforms – BOI Omni Neo Application or even Electronic Banking – to open up a fixed down payment under this scheme.List of lately modified interest rates by BOI:
. Initial Published: Sep 27 2024|1:55 PM IST.