.2 minutes read Last Updated: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday released a 400-day preset deposit program as component of its joyful period offerings.Visit here to connect with our company on WhatsApp.The bank is supplying a rates of interest of 8.10 per-cent per year for the alleged very elderly Citizens, 7.95 per cent for elderly people, and also 7.45 per-cent for various other customers under non-callable deposits (those exceeding Rs 1 crore).Under callable consign an alternative of untimely drawback, the bank is providing rate of interest of 7.95 percent per year (p.a.) for very elderly people, 7.80 per cent for seniors and also 7.30 per cent for various other consumers. .Secret features of the program:.Duration: 400 days.Down Payment Volume: Less than Rs 3 crore.Availability: All divisions and digital stations (BOI Omni Neo App/ Electronic Banking).Eligible depositors: Individual Indians, NRE (Non-Resident Exterior) account, and also NRO (Non-Resident Usual) account holders.Interest rates:.Non-callable deposits (for quantities above Rs 1 crore):.- Super senior citizens: 8.10 per-cent p.a.- Elderly people: 7.95 per cent p.a.- Various other clients: 7.45 per-cent p.a.Callable deposits (along with untimely withdrawal option):.- Super senior citizens: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Various other customers: 7.30 per cent p.a.Clients considering the program may explore their nearest BOI division or even utilize the financial institution's electronic systems - BOI Omni Neo Application or Internet Banking - to open a taken care of deposit under this scheme.List of lately modified interest rates by BOI:
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Very First Published: Sep 27 2024|1:55 PM IST.