.2 min read Final Upgraded: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day preset down payment program as component of its own joyful period offerings.Go here to get in touch with us on WhatsApp.The financial institution is actually using a rates of interest of 8.10 percent every annum for the supposed super senior Citizens, 7.95 percent for elderly people, as well as 7.45 per-cent for various other clients under non-callable down payments (those going over Rs 1 crore).Under callable consign an option of untimely withdrawal, the bank is actually supplying interest rate of 7.95 percent every annum (p.a.) for extremely elderly people, 7.80 per cent for senior citizens and 7.30 per cent for other consumers. .Key features of the program:.Duration: 400 times.Down Payment Volume: Less than Rs 3 crore.Schedule: All branches as well as electronic stations (BOI Omni Neo Application/ Electronic Banking).Qualified depositors: Homeowner Indians, NRE (Non-Resident Outside) account, and also NRO (Non-Resident Common) account owners.Rates of interest:.Non-callable deposits (for amounts more than Rs 1 crore):.- Super senior citizens: 8.10 per-cent p.a.- Senior citizens: 7.95 percent p.a.- Various other clients: 7.45 per cent p.a.Callable deposits (along with early drawback alternative):.- Super elderly people: 7.95 per-cent p.a.- Senior citizens: 7.80 percent p.a.- Various other customers: 7.30 per-cent p.a.Consumers thinking about the system can see their closest BOI division or even make use of the bank's digital systems - BOI Omni Neo App or even Internet Banking - to open up a dealt with down payment under this scheme.List of lately changed rates of interest by BOI:
.
1st Released: Sep 27 2024|1:55 PM IST.