.2 min reviewed Final Updated: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday introduced a 400-day fixed deposit plan as portion of its cheery season offerings.Visit here to connect with our team on WhatsApp.The banking company is supplying a rate of interest of 8.10 per cent every year for the alleged tremendously senior People, 7.95 per cent for elderly people, and also 7.45 per-cent for other consumers under non-callable deposits (those going beyond Rs 1 crore).Under callable deposits with an option of early drawback, the financial institution is offering interest rate of 7.95 per-cent every annum (p.a.) for very seniors, 7.80 per-cent for senior citizens and 7.30 per-cent for various other customers. .Secret functions of the plan:.Length: 400 days.Deposit Volume: Lower Than Rs 3 crore.Availability: All branches and also electronic networks (BOI Omni Neo Application/ Electronic Banking).Qualified depositors: Resident Indians, NRE (Non-Resident External) account, and also NRO (Non-Resident Usual) account owners.Rate of interest:.Non-callable down payments (for volumes more than Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Senior citizens: 7.95 per cent p.a.- Other consumers: 7.45 per-cent p.a.Callable down payments (with premature drawback possibility):.- Super senior citizens: 7.95 percent p.a.- Seniors: 7.80 per cent p.a.- Various other clients: 7.30 per cent p.a.Consumers thinking about the plan can easily explore their nearest BOI division or make use of the banking company's electronic systems - BOI Omni Neo App or even Internet Banking - to open a fixed deposit under this scheme.List of lately changed rate of interest by BOI:
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Initial Posted: Sep 27 2024|1:55 PM IST.