.2 min read Final Updated: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day set deposit system as component of its festive season offerings.Click on this link to associate with our team on WhatsApp.The financial institution is actually providing a rate of interest of 8.10 per cent every annum for the alleged extremely senior People, 7.95 percent for seniors, and also 7.45 per cent for other consumers under non-callable down payments (those going over Rs 1 crore).Under callable consign a choice of untimely withdrawal, the financial institution is actually using interest rate of 7.95 percent per annum (p.a.) for very senior citizens, 7.80 per-cent for senior citizens as well as 7.30 percent for other consumers. .Secret functions of the program:.Timeframe: 400 days.Deposit Volume: Lower Than Rs 3 crore.Accessibility: All divisions and also electronic channels (BOI Omni Neo Application/ Internet Banking).Entitled depositors: Individual Indians, NRE (Non-Resident Outside) account, as well as NRO (Non-Resident Normal) account holders.Rate of interest:.Non-callable deposits (for amounts above Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Senior citizens: 7.95 per cent p.a.- Other clients: 7.45 per-cent p.a.Callable down payments (with premature drawback choice):.- Super seniors: 7.95 per-cent p.a.- Seniors: 7.80 percent p.a.- Various other customers: 7.30 per cent p.a.Clients considering the scheme can easily see their nearest BOI division or even use the bank's electronic systems - BOI Omni Neo App or Electronic Banking - to open a repaired deposit under this scheme.List of recently revised interest rates through BOI:
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First Released: Sep 27 2024|1:55 PM IST.