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Bank of India launches 400-day taken care of deposit program for festive time Personal Money management

.2 minutes read Final Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day preset deposit scheme as aspect of its cheery time offerings.Click on this link to associate with our team on WhatsApp.The banking company is actually offering a rate of interest of 8.10 per cent per year for the alleged very elderly Folks, 7.95 percent for elderly people, and 7.45 per cent for other consumers under non-callable deposits (those surpassing Rs 1 crore).Under callable consign an option of premature withdrawal, the bank is giving interest rate of 7.95 percent every annum (p.a.) for incredibly senior citizens, 7.80 per-cent for elderly people and 7.30 percent for various other consumers. .Secret features of the scheme:.Length: 400 times.Deposit Volume: Less than Rs 3 crore.Supply: All divisions and digital channels (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Resident Indians, NRE (Non-Resident Outside) account, as well as NRO (Non-Resident Ordinary) account holders.Interest rates:.Non-callable down payments (for quantities greater than Rs 1 crore):.- Super senior citizens: 8.10 per cent p.a.- Senior citizens: 7.95 per-cent p.a.- Various other clients: 7.45 per cent p.a.Callable deposits (along with untimely drawback option):.- Super senior citizens: 7.95 per cent p.a.- Senior citizens: 7.80 per-cent p.a.- Various other consumers: 7.30 per cent p.a.Clients considering the scheme can explore their closest BOI branch or make use of the financial institution's digital systems - BOI Omni Neo Application or even Electronic Banking - to open up a taken care of down payment under this scheme.List of lately changed rate of interest through BOI:
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Very First Released: Sep 27 2024|1:55 PM IST.