.2 minutes reviewed Final Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day set deposit program as portion of its joyful season offerings.Go here to connect with our company on WhatsApp.The banking company is actually supplying an interest rate of 8.10 percent per year for the so-called incredibly elderly People, 7.95 per cent for seniors, as well as 7.45 per cent for various other clients under non-callable deposits (those going over Rs 1 crore).Under callable deposits with an option of early drawback, the financial institution is supplying interest rate of 7.95 per-cent per annum (p.a.) for incredibly senior citizens, 7.80 percent for seniors and 7.30 per cent for various other customers. .Trick functions of the system:.Period: 400 times.Deposit Volume: Less than Rs 3 crore.Availability: All divisions as well as digital networks (BOI Omni Neo Application/ Electronic Banking).Entitled depositors: Local Indians, NRE (Non-Resident External) profile, and also NRO (Non-Resident Average) account owners.Rates of interest:.Non-callable deposits (for quantities greater than Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Seniors: 7.95 per-cent p.a.- Other consumers: 7.45 percent p.a.Callable deposits (along with premature withdrawal alternative):.- Super seniors: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Other consumers: 7.30 per cent p.a.Consumers thinking about the plan can see their nearest BOI branch or use the bank's electronic platforms - BOI Omni Neo Application or even Electronic Banking - to open a repaired deposit under this scheme.List of recently revised rate of interest by BOI:
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First Released: Sep 27 2024|1:55 PM IST.