.2 min went through Final Updated: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day predetermined down payment system as aspect of its own festive period offerings.Go here to associate with our company on WhatsApp.The bank is delivering a rate of interest of 8.10 per-cent every year for the supposed extremely senior Folks, 7.95 per-cent for seniors, as well as 7.45 per cent for other consumers under non-callable down payments (those going over Rs 1 crore).Under callable deposits with an option of premature withdrawal, the bank is actually using interest rate of 7.95 per-cent every year (p.a.) for very senior citizens, 7.80 percent for seniors and 7.30 percent for other consumers. .Key features of the program:.Length: 400 days.Deposit Quantity: Less than Rs 3 crore.Supply: All divisions and digital stations (BOI Omni Neo App/ Internet Banking).Eligible depositors: Citizen Indians, NRE (Non-Resident Exterior) profile, as well as NRO (Non-Resident Average) account holders.Rates of interest:.Non-callable down payments (for quantities over Rs 1 crore):.- Super seniors: 8.10 percent p.a.- Senior citizens: 7.95 per-cent p.a.- Other customers: 7.45 per-cent p.a.Callable down payments (with early withdrawal option):.- Super elderly people: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Other clients: 7.30 per cent p.a.Customers curious about the program can visit their nearby BOI branch or utilize the banking company’s electronic platforms – BOI Omni Neo Application or Internet Banking – to open a taken care of down payment under this scheme.List of lately revised rates of interest by BOI:
. 1st Released: Sep 27 2024|1:55 PM IST.