.2 min read Last Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday launched a 400-day set deposit plan as component of its own festive period offerings.Visit here to connect with our company on WhatsApp.The bank is actually using an interest rate of 8.10 per cent every year for the alleged tremendously elderly Citizens, 7.95 per cent for elderly people, as well as 7.45 per cent for other consumers under non-callable deposits (those surpassing Rs 1 crore).Under callable consign a possibility of untimely drawback, the banking company is using rate of interest of 7.95 per-cent every year (p.a.) for incredibly senior citizens, 7.80 per-cent for senior citizens and also 7.30 per-cent for various other customers. .Trick functions of the plan:.Period: 400 days.Deposit Volume: Lower Than Rs 3 crore.Availability: All divisions and also digital channels (BOI Omni Neo App/ Internet Banking).Entitled depositors: Individual Indians, NRE (Non-Resident Exterior) profile, and NRO (Non-Resident Common) account holders.Interest rates:.Non-callable deposits (for volumes greater than Rs 1 crore):.- Super elderly people: 8.10 per-cent p.a.- Senior citizens: 7.95 percent p.a.- Other clients: 7.45 per cent p.a.Callable deposits (with early withdrawal possibility):.- Super seniors: 7.95 per cent p.a.- Elderly people: 7.80 per cent p.a.- Other clients: 7.30 per-cent p.a.Consumers thinking about the scheme may explore their nearest BOI division or use the financial institution’s digital platforms – BOI Omni Neo Application or Electronic Banking – to open a corrected down payment under this scheme.List of just recently revised interest rates by BOI:
. Initial Released: Sep 27 2024|1:55 PM IST.