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Bank of India launches 400-day taken care of down payment plan for cheery season Personal Finance

.2 min read through Last Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday introduced a 400-day set deposit plan as aspect of its own festive period offerings.Go here to connect with us on WhatsApp.The banking company is actually offering a rate of interest of 8.10 per-cent per year for the supposed super senior People, 7.95 percent for senior citizens, and also 7.45 per-cent for various other consumers under non-callable down payments (those going over Rs 1 crore).Under callable consign a possibility of early drawback, the banking company is offering rate of interest of 7.95 per-cent per year (p.a.) for tremendously elderly people, 7.80 per-cent for senior citizens and also 7.30 per cent for various other customers. .Key attributes of the plan:.Timeframe: 400 days.Deposit Quantity: Lower Than Rs 3 crore.Schedule: All branches as well as digital channels (BOI Omni Neo Application/ Internet Banking).Eligible depositors: Individual Indians, NRE (Non-Resident Exterior) profile, and NRO (Non-Resident Ordinary) account holders.Interest rates:.Non-callable down payments (for volumes above Rs 1 crore):.- Super senior citizens: 8.10 percent p.a.- Seniors: 7.95 per-cent p.a.- Various other clients: 7.45 per cent p.a.Callable deposits (with untimely withdrawal option):.- Super senior citizens: 7.95 per cent p.a.- Elderly people: 7.80 percent p.a.- Other consumers: 7.30 per cent p.a.Consumers interested in the program can see their nearest BOI division or use the bank's electronic platforms - BOI Omni Neo App or Electronic Banking - to open up a corrected down payment under this scheme.List of just recently revised rates of interest through BOI:
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Initial Released: Sep 27 2024|1:55 PM IST.