.2 min checked out Final Improved: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday released a 400-day fixed down payment program as aspect of its cheery season offerings.Visit here to get in touch with our team on WhatsApp.The bank is actually delivering an interest rate of 8.10 percent per annum for the so-called tremendously senior Citizens, 7.95 percent for elderly people, and also 7.45 per-cent for other customers under non-callable down payments (those surpassing Rs 1 crore).Under callable consign an option of untimely drawback, the banking company is actually giving interest rate of 7.95 per-cent every year (p.a.) for very seniors, 7.80 percent for elderly people and 7.30 percent for other consumers. .Key attributes of the program:.Period: 400 times.Down Payment Amount: Less than Rs 3 crore.Supply: All divisions as well as electronic channels (BOI Omni Neo App/ Internet Banking).Qualified depositors: Local Indians, NRE (Non-Resident External) profile, and also NRO (Non-Resident Usual) account holders.Rate of interest:.Non-callable deposits (for volumes greater than Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Seniors: 7.95 percent p.a.- Other customers: 7.45 percent p.a.Callable deposits (with early drawback alternative):.- Super seniors: 7.95 per-cent p.a.- Seniors: 7.80 percent p.a.- Various other consumers: 7.30 per-cent p.a.Consumers interested in the program may explore their closest BOI division or even utilize the financial institution’s digital systems – BOI Omni Neo App or Electronic Banking – to open up a repaired deposit under this scheme.List of recently changed interest rates by BOI:
. 1st Posted: Sep 27 2024|1:55 PM IST.