.2 min read through Final Updated: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday launched a 400-day predetermined deposit system as aspect of its own cheery season offerings.Go here to get in touch with our company on WhatsApp.The financial institution is supplying a rate of interest of 8.10 per-cent per annum for the alleged tremendously elderly Folks, 7.95 per cent for senior citizens, and 7.45 percent for other customers under non-callable deposits (those going beyond Rs 1 crore).Under callable consign a possibility of premature drawback, the bank is offering interest rate of 7.95 per-cent every annum (p.a.) for incredibly seniors, 7.80 per-cent for senior citizens and 7.30 per-cent for various other consumers. .Key components of the scheme:.Timeframe: 400 times.Deposit Volume: Less than Rs 3 crore.Supply: All branches and also digital networks (BOI Omni Neo Application/ Electronic Banking).Qualified depositors: Individual Indians, NRE (Non-Resident External) profile, and NRO (Non-Resident Average) account holders.Interest rates:.Non-callable deposits (for volumes over Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Elderly people: 7.95 per-cent p.a.- Various other clients: 7.45 percent p.a.Callable deposits (along with early drawback possibility):.- Super elderly people: 7.95 percent p.a.- Elderly people: 7.80 per-cent p.a.- Various other clients: 7.30 percent p.a.Customers thinking about the plan can visit their nearest BOI division or even use the financial institution's digital systems - BOI Omni Neo App or Internet Banking - to open up a repaired deposit under this scheme.List of lately changed interest rates by BOI:
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First Released: Sep 27 2024|1:55 PM IST.