.2 min read Final Improved: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday introduced a 400-day preset down payment system as aspect of its joyful period offerings.Click on this link to associate with our team on WhatsApp.The bank is actually providing an interest rate of 8.10 per-cent every annum for the so-called super elderly People, 7.95 per-cent for elderly people, and also 7.45 per-cent for various other clients under non-callable deposits (those exceeding Rs 1 crore).Under callable consign a possibility of premature withdrawal, the bank is actually using rate of interest of 7.95 per-cent per year (p.a.) for extremely senior citizens, 7.80 per cent for senior citizens and also 7.30 percent for various other customers. .Secret features of the plan:.Period: 400 days.Down Payment Volume: Lower Than Rs 3 crore.Schedule: All divisions as well as digital networks (BOI Omni Neo Application/ Electronic Banking).Entitled depositors: Local Indians, NRE (Non-Resident Exterior) account, and also NRO (Non-Resident Ordinary) account holders.Interest rates:.Non-callable deposits (for quantities above Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Seniors: 7.95 percent p.a.- Various other customers: 7.45 per-cent p.a.Callable deposits (with untimely withdrawal option):.- Super seniors: 7.95 per cent p.a.- Senior citizens: 7.80 per-cent p.a.- Other customers: 7.30 per cent p.a.Customers considering the system can explore their closest BOI division or make use of the banking company’s digital systems – BOI Omni Neo Application or Internet Banking – to open a repaired down payment under this scheme.List of lately modified rates of interest by BOI:
. First Released: Sep 27 2024|1:55 PM IST.