.2 min read through Last Improved: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday introduced a 400-day preset down payment system as aspect of its festive period offerings.Visit here to associate with us on WhatsApp.The financial institution is actually using a rates of interest of 8.10 per cent per year for the supposed incredibly senior Folks, 7.95 per-cent for seniors, as well as 7.45 percent for various other customers under non-callable deposits (those going beyond Rs 1 crore).Under callable consign a possibility of untimely withdrawal, the financial institution is actually providing interest rate of 7.95 per cent per year (p.a.) for super senior citizens, 7.80 percent for senior citizens and also 7.30 percent for various other clients. .Secret attributes of the program:.Period: 400 days.Down Payment Quantity: Lower Than Rs 3 crore.Availability: All divisions and also digital stations (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Resident Indians, NRE (Non-Resident Outside) account, as well as NRO (Non-Resident Average) account owners.Rate of interest:.Non-callable deposits (for volumes over Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Senior citizens: 7.95 per cent p.a.- Various other clients: 7.45 per-cent p.a.Callable deposits (with untimely drawback option):.- Super seniors: 7.95 percent p.a.- Elderly people: 7.80 per-cent p.a.- Various other clients: 7.30 per cent p.a.Consumers curious about the system can see their nearby BOI branch or even make use of the financial institution’s digital systems – BOI Omni Neo App or Internet Banking – to open up a corrected deposit under this scheme.List of just recently changed interest rates by BOI:
. 1st Released: Sep 27 2024|1:55 PM IST.