.2 min read Final Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day fixed deposit scheme as part of its festive period offerings.Visit this site to connect with our company on WhatsApp.The banking company is giving a rate of interest of 8.10 per cent per annum for the alleged tremendously senior Folks, 7.95 percent for elderly people, as well as 7.45 per-cent for other consumers under non-callable down payments (those surpassing Rs 1 crore).Under callable consign a possibility of early withdrawal, the banking company is actually using interest rate of 7.95 per-cent per year (p.a.) for very seniors, 7.80 percent for elderly people as well as 7.30 per-cent for various other consumers. .Key attributes of the program:.Timeframe: 400 times.Down Payment Amount: Less than Rs 3 crore.Availability: All branches and electronic channels (BOI Omni Neo Application/ Electronic Banking).Entitled depositors: Citizen Indians, NRE (Non-Resident External) profile, and also NRO (Non-Resident Regular) account holders.Interest rates:.Non-callable down payments (for amounts over Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Elderly people: 7.95 percent p.a.- Other consumers: 7.45 percent p.a.Callable down payments (with early drawback possibility):.- Super seniors: 7.95 per cent p.a.- Seniors: 7.80 percent p.a.- Other customers: 7.30 percent p.a.Customers curious about the system can visit their nearest BOI branch or even utilize the bank's electronic platforms - BOI Omni Neo Application or Electronic Banking - to open up a taken care of deposit under this scheme.List of recently changed rates of interest by BOI:
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First Published: Sep 27 2024|1:55 PM IST.