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Bank of India launches 400-day fixed down payment scheme for festive period Personal Financing

.2 minutes went through Last Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day preset deposit program as component of its joyful season offerings.Click on this link to get in touch with our company on WhatsApp.The banking company is actually supplying a rate of interest of 8.10 per cent per annum for the so-called tremendously senior Citizens, 7.95 percent for senior citizens, and 7.45 percent for various other customers under non-callable down payments (those going over Rs 1 crore).Under callable consign a possibility of untimely drawback, the bank is actually giving rate of interest of 7.95 per cent per year (p.a.) for incredibly seniors, 7.80 percent for elderly people and also 7.30 per cent for other consumers. .Trick features of the plan:.Timeframe: 400 times.Deposit Quantity: Less than Rs 3 crore.Supply: All branches as well as digital channels (BOI Omni Neo App/ Electronic Banking).Qualified depositors: Citizen Indians, NRE (Non-Resident Exterior) profile, and NRO (Non-Resident Regular) account holders.Rate of interest:.Non-callable down payments (for volumes greater than Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Elderly people: 7.95 per-cent p.a.- Other customers: 7.45 percent p.a.Callable deposits (along with early drawback option):.- Super elderly people: 7.95 per-cent p.a.- Seniors: 7.80 percent p.a.- Various other clients: 7.30 percent p.a.Consumers thinking about the scheme can see their nearest BOI division or utilize the financial institution's digital platforms - BOI Omni Neo Application or Electronic Banking - to open up a taken care of down payment under this scheme.List of just recently revised interest rates by BOI:
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Initial Posted: Sep 27 2024|1:55 PM IST.