.2 min read through Final Upgraded: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday launched a 400-day predetermined deposit program as part of its festive period offerings.Go here to get in touch with us on WhatsApp.The bank is using an interest rate of 8.10 per-cent per year for the so-called extremely elderly Folks, 7.95 per-cent for seniors, and 7.45 per-cent for various other customers under non-callable deposits (those going over Rs 1 crore).Under callable deposits with an option of early withdrawal, the financial institution is actually supplying rate of interest of 7.95 percent every annum (p.a.) for tremendously elderly people, 7.80 per cent for senior citizens as well as 7.30 per-cent for other consumers. .Secret functions of the program:.Period: 400 times.Down Payment Amount: Lower Than Rs 3 crore.Accessibility: All divisions and electronic stations (BOI Omni Neo Application/ Internet Banking).Eligible depositors: Individual Indians, NRE (Non-Resident External) profile, as well as NRO (Non-Resident Ordinary) account holders.Rates of interest:.Non-callable down payments (for amounts above Rs 1 crore):.- Super elderly people: 8.10 per-cent p.a.- Seniors: 7.95 per-cent p.a.- Other clients: 7.45 percent p.a.Callable deposits (with premature drawback choice):.- Super elderly people: 7.95 percent p.a.- Senior citizens: 7.80 per-cent p.a.- Various other clients: 7.30 per cent p.a.Customers thinking about the system can see their local BOI division or use the bank's digital platforms - BOI Omni Neo Application or even Internet Banking - to open a corrected down payment under this scheme.List of recently changed interest rates by BOI:
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Very First Released: Sep 27 2024|1:55 PM IST.