.2 min read Last Upgraded: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday released a 400-day preset deposit program as component of its joyful season offerings.Click here to associate with our company on WhatsApp.The banking company is actually using a rates of interest of 8.10 per-cent per annum for the so-called super elderly Folks, 7.95 per cent for elderly people, and also 7.45 per cent for various other consumers under non-callable down payments (those exceeding Rs 1 crore).Under callable deposits with a possibility of early drawback, the bank is providing interest rate of 7.95 percent every annum (p.a.) for very senior citizens, 7.80 per-cent for seniors and also 7.30 per cent for various other clients. .Secret components of the program:.Length: 400 days.Down Payment Volume: Less than Rs 3 crore.Availability: All divisions and also digital channels (BOI Omni Neo App/ Electronic Banking).Eligible depositors: Homeowner Indians, NRE (Non-Resident Exterior) account, and NRO (Non-Resident Regular) account holders.Interest rates:.Non-callable deposits (for amounts over Rs 1 crore):.- Super senior citizens: 8.10 per cent p.a.- Senior citizens: 7.95 per cent p.a.- Various other clients: 7.45 percent p.a.Callable deposits (with untimely withdrawal alternative):.- Super senior citizens: 7.95 per cent p.a.- Elderly people: 7.80 percent p.a.- Various other clients: 7.30 percent p.a.Consumers curious about the scheme can visit their closest BOI division or even utilize the banking company’s electronic platforms – BOI Omni Neo App or Internet Banking – to open a taken care of down payment under this scheme.List of just recently changed rates of interest through BOI:
. Initial Posted: Sep 27 2024|1:55 PM IST.