.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 part of its cheery season offerings.Click here to connect with us on WhatsApp.The financial institution is supplying an interest rate of 8.10 per-cent every annum for the so-called tremendously senior Citizens, 7.95 per-cent for senior citizens, and 7.45 per cent for various other consumers under non-callable down payments (those going over Rs 1 crore).Under callable deposits with a possibility of early drawback, the bank is providing rate of interest of 7.95 per cent per year (p.a.) for very elderly people, 7.80 per cent for seniors and also 7.30 per-cent for various other customers. .Key features of the program:.Timeframe: 400 days.Down Payment Volume: Lower Than Rs 3 crore.Accessibility: All divisions and also digital stations (BOI Omni Neo Application/ Electronic Banking).Qualified depositors: Individual Indians, NRE (Non-Resident Exterior) account, and NRO (Non-Resident Normal) account holders.Rates of interest:.Non-callable down payments (for volumes over Rs 1 crore):.- Super seniors: 8.10 per-cent p.a.- Seniors: 7.95 per cent p.a.- Other customers: 7.45 percent p.a.Callable deposits (with early withdrawal possibility):.- Super senior citizens: 7.95 per cent p.a.- Elderly people: 7.80 per cent p.a.- Various other customers: 7.30 per cent p.a.Clients curious about the scheme may see their closest BOI division or use the financial institution's electronic platforms - BOI Omni Neo Application or even Internet Banking - to open up a dealt with down payment under this scheme.List of lately modified interest rates through BOI:
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Very First Published: Sep 27 2024|1:55 PM IST.