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Bank of India launches 400-day taken care of deposit system for cheery season Personal Money management

.2 minutes read through Last Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day predetermined deposit system as portion of its own cheery season offerings.Click on this link to connect with our company on WhatsApp.The bank is actually providing a rates of interest of 8.10 per-cent per year for the so-called incredibly elderly People, 7.95 per cent for seniors, as well as 7.45 percent for various other clients under non-callable deposits (those surpassing Rs 1 crore).Under callable deposits with a choice of untimely drawback, the banking company is supplying rate of interest of 7.95 per-cent per annum (p.a.) for very seniors, 7.80 per cent for seniors and also 7.30 percent for other customers. .Trick functions of the program:.Length: 400 days.Deposit Amount: Less than Rs 3 crore.Schedule: All divisions and electronic stations (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Resident Indians, NRE (Non-Resident External) profile, and NRO (Non-Resident Common) account holders.Rate of interest:.Non-callable down payments (for quantities greater than Rs 1 crore):.- Super elderly people: 8.10 per-cent p.a.- Elderly people: 7.95 per-cent p.a.- Other consumers: 7.45 per cent p.a.Callable deposits (with untimely withdrawal option):.- Super senior citizens: 7.95 per cent p.a.- Seniors: 7.80 per-cent p.a.- Various other customers: 7.30 per cent p.a.Customers interested in the system can easily visit their nearest BOI branch or make use of the financial institution's digital systems - BOI Omni Neo Application or Internet Banking - to open a fixed deposit under this scheme.List of just recently revised interest rates by BOI:
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Very First Posted: Sep 27 2024|1:55 PM IST.