.2 minutes reviewed Last Updated: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day preset deposit plan as component of its own festive time offerings.Click here to connect with us on WhatsApp.The banking company is using a rates of interest of 8.10 per-cent every year for the alleged very senior People, 7.95 percent for senior citizens, and 7.45 percent for various other consumers under non-callable down payments (those surpassing Rs 1 crore).Under callable deposits with an alternative of untimely withdrawal, the financial institution is actually providing rate of interest of 7.95 per cent every year (p.a.) for tremendously senior citizens, 7.80 per-cent for seniors and also 7.30 per cent for various other clients. .Key attributes of the system:.Length: 400 times.Down Payment Quantity: Less than Rs 3 crore.Supply: All divisions as well as electronic channels (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Resident Indians, NRE (Non-Resident Outside) profile, as well as NRO (Non-Resident Normal) account holders.Interest rates:.Non-callable deposits (for amounts more than Rs 1 crore):.- Super seniors: 8.10 per cent p.a.- Seniors: 7.95 percent p.a.- Other customers: 7.45 per-cent p.a.Callable deposits (along with early withdrawal alternative):.- Super senior citizens: 7.95 percent p.a.- Elderly people: 7.80 percent p.a.- Other customers: 7.30 per cent p.a.Clients thinking about the scheme can easily see their nearest BOI division or use the financial institution's digital platforms - BOI Omni Neo App or Electronic Banking - to open a fixed deposit under this scheme.List of recently changed rates of interest through BOI:
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Initial Posted: Sep 27 2024|1:55 PM IST.