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Bank of India launches 400-day dealt with down payment program for festive time Personal Finance

.2 min reviewed Final Upgraded: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday launched a 400-day fixed down payment plan as aspect of its own cheery period offerings.Visit here to associate with us on WhatsApp.The banking company is supplying an interest rate of 8.10 percent per annum for the alleged tremendously elderly People, 7.95 per-cent for senior citizens, and also 7.45 per cent for other consumers under non-callable down payments (those going beyond Rs 1 crore).Under callable deposits with a choice of premature drawback, the bank is delivering rate of interest of 7.95 percent every year (p.a.) for tremendously elderly people, 7.80 per-cent for seniors as well as 7.30 per cent for other clients. .Secret functions of the program:.Length: 400 days.Down Payment Amount: Less than Rs 3 crore.Accessibility: All branches and electronic stations (BOI Omni Neo App/ Electronic Banking).Qualified depositors: Citizen Indians, NRE (Non-Resident External) profile, and also NRO (Non-Resident Common) account holders.Interest rates:.Non-callable down payments (for volumes greater than Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Seniors: 7.95 percent p.a.- Various other consumers: 7.45 per-cent p.a.Callable deposits (with premature drawback choice):.- Super seniors: 7.95 percent p.a.- Elderly people: 7.80 per cent p.a.- Other clients: 7.30 per cent p.a.Clients curious about the plan may visit their nearby BOI branch or use the financial institution's digital systems - BOI Omni Neo Application or even Internet Banking - to open up a dealt with deposit under this scheme.List of lately revised rates of interest through BOI:
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Initial Posted: Sep 27 2024|1:55 PM IST.