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Bank of India launches 400-day fixed down payment scheme for joyful time Personal Money management

.2 minutes checked out Last Upgraded: 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 joyful period offerings.Click here to get in touch with our team on WhatsApp.The banking company is supplying a rate of interest of 8.10 percent every year for the alleged tremendously senior Citizens, 7.95 per-cent for seniors, and also 7.45 per cent for various other customers under non-callable down payments (those surpassing Rs 1 crore).Under callable consign an alternative of premature withdrawal, the financial institution is offering interest rate of 7.95 per-cent every annum (p.a.) for very seniors, 7.80 per-cent for seniors as well as 7.30 percent for various other customers. .Trick components of the scheme:.Duration: 400 days.Deposit Amount: Lower Than Rs 3 crore.Supply: All divisions and digital channels (BOI Omni Neo App/ Internet Banking).Qualified depositors: Citizen Indians, NRE (Non-Resident Outside) profile, and also NRO (Non-Resident Usual) account holders.Rates of interest:.Non-callable down payments (for volumes above Rs 1 crore):.- Super seniors: 8.10 per cent p.a.- Elderly people: 7.95 per-cent p.a.- Various other clients: 7.45 per-cent p.a.Callable down payments (along with premature withdrawal option):.- Super seniors: 7.95 per-cent p.a.- Senior citizens: 7.80 per cent p.a.- Various other consumers: 7.30 per cent p.a.Customers considering the system may visit their nearby BOI division or utilize the banking company's digital systems - BOI Omni Neo App or Electronic Banking - to open a dealt with down payment under this scheme.List of lately modified rate of interest through BOI:
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First Released: Sep 27 2024|1:55 PM IST.