.2 minutes read Last Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday introduced a 400-day preset deposit plan as part of its own festive season offerings.Visit here to get in touch with our team on WhatsApp.The financial institution is delivering a rate of interest of 8.10 percent every year for the so-called incredibly senior People, 7.95 per cent for senior citizens, and also 7.45 percent for other consumers under non-callable down payments (those going over Rs 1 crore).Under callable deposits with a choice of premature withdrawal, the banking company is actually using interest rate of 7.95 per cent every annum (p.a.) for incredibly senior citizens, 7.80 percent for seniors as well as 7.30 per cent for other consumers. .Secret attributes of the program:.Length: 400 times.Deposit Volume: Less than Rs 3 crore.Schedule: All branches and digital stations (BOI Omni Neo App/ Electronic Banking).Eligible depositors: Resident Indians, NRE (Non-Resident External) profile, and also NRO (Non-Resident Ordinary) account owners.Rates of interest:.Non-callable down payments (for amounts greater than Rs 1 crore):.- Super seniors: 8.10 per-cent p.a.- Seniors: 7.95 per cent p.a.- Various other clients: 7.45 percent p.a.Callable down payments (along with untimely drawback option):.- Super elderly people: 7.95 per cent p.a.- Seniors: 7.80 percent p.a.- Other consumers: 7.30 percent p.a.Clients interested in the program can explore their closest BOI branch or use the financial institution’s electronic systems – BOI Omni Neo Application or even Electronic Banking – to open a dealt with deposit under this scheme.List of recently revised rates of interest by BOI:
. First Published: Sep 27 2024|1:55 PM IST.