.2 min checked out Last Updated: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday launched a 400-day predetermined down payment scheme as aspect of its own cheery season offerings.Visit this site to associate with our team on WhatsApp.The banking company is supplying an interest rate of 8.10 per-cent per annum for the supposed very senior People, 7.95 percent for senior citizens, as well as 7.45 percent for various other consumers under non-callable down payments (those exceeding Rs 1 crore).Under callable deposits with an alternative of premature withdrawal, the financial institution is actually using interest rate of 7.95 per cent per year (p.a.) for super senior citizens, 7.80 per-cent for elderly people and also 7.30 per cent for various other consumers. .Key attributes of the plan:.Period: 400 times.Down Payment Quantity: Lower Than Rs 3 crore.Schedule: All branches and also digital networks (BOI Omni Neo App/ Internet Banking).Qualified depositors: Homeowner Indians, NRE (Non-Resident Outside) account, and also NRO (Non-Resident Ordinary) account holders.Rate of interest:.Non-callable deposits (for amounts above Rs 1 crore):.- Super elderly people: 8.10 per-cent p.a.- Senior citizens: 7.95 per cent p.a.- Other customers: 7.45 per-cent p.a.Callable down payments (with premature withdrawal possibility):.- Super elderly people: 7.95 percent p.a.- Elderly people: 7.80 percent p.a.- Various other consumers: 7.30 per-cent p.a.Clients considering the plan may visit their local BOI division or even make use of the financial institution's electronic systems - BOI Omni Neo App or Internet Banking - to open up a taken care of deposit under this scheme.List of recently modified rate of interest by BOI:
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Initial Published: Sep 27 2024|1:55 PM IST.