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Bank of India launches 400-day corrected down payment plan for festive period Personal Money management

.2 min reviewed Last Upgraded: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday launched a 400-day set down payment program as portion of its festive season offerings.Visit this site to connect with us on WhatsApp.The bank is providing an interest rate of 8.10 per-cent per annum for the so-called tremendously elderly People, 7.95 per cent for elderly people, and 7.45 per-cent for other clients under non-callable down payments (those exceeding Rs 1 crore).Under callable consign a choice of premature withdrawal, the bank is using interest rate of 7.95 per cent every annum (p.a.) for tremendously elderly people, 7.80 per-cent for senior citizens as well as 7.30 per-cent for various other consumers. .Trick attributes of the scheme:.Length: 400 days.Down Payment Amount: Lower Than Rs 3 crore.Schedule: All divisions as well as digital networks (BOI Omni Neo App/ Internet Banking).Eligible depositors: Homeowner Indians, NRE (Non-Resident Exterior) profile, as well as NRO (Non-Resident Average) account holders.Rate of interest:.Non-callable down payments (for volumes above Rs 1 crore):.- Super elderly people: 8.10 percent p.a.- Senior citizens: 7.95 per cent p.a.- Other consumers: 7.45 per cent p.a.Callable deposits (along with premature withdrawal choice):.- Super seniors: 7.95 per cent p.a.- Elderly people: 7.80 per-cent p.a.- Other consumers: 7.30 per cent p.a.Clients curious about the plan can see their closest BOI branch or make use of the banking company's digital systems - BOI Omni Neo Application or even Electronic Banking - to open a taken care of deposit under this scheme.List of just recently changed rate of interest through BOI:
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1st Published: Sep 27 2024|1:55 PM IST.