.2 minutes checked out Last Upgraded: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday released a 400-day fixed deposit system as component of its cheery time offerings.Visit this site to associate with our company on WhatsApp.The bank is offering an interest rate of 8.10 per-cent per year for the supposed incredibly elderly People, 7.95 percent for senior citizens, and also 7.45 percent for various other customers under non-callable down payments (those going beyond Rs 1 crore).Under callable consign an option of early withdrawal, the financial institution is actually using rate of interest of 7.95 per-cent every year (p.a.) for extremely elderly people, 7.80 per cent for seniors and 7.30 per cent for other clients. .Key features of the scheme:.Timeframe: 400 times.Down Payment Amount: Less than Rs 3 crore.Schedule: All divisions as well as digital networks (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Homeowner Indians, NRE (Non-Resident External) profile, and NRO (Non-Resident Regular) account holders.Rate of interest:.Non-callable down payments (for quantities more than Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Elderly people: 7.95 percent p.a.- Other customers: 7.45 percent p.a.Callable deposits (along with premature withdrawal option):.- Super seniors: 7.95 percent p.a.- Senior citizens: 7.80 per-cent p.a.- Other clients: 7.30 per cent p.a.Customers considering the plan may visit their closest BOI division or make use of the banking company's electronic platforms - BOI Omni Neo App or even Internet Banking - to open a dealt with deposit under this scheme.List of lately revised interest rates by BOI:
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First Posted: Sep 27 2024|1:55 PM IST.