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Bank of India launches 400-day repaired down payment plan for festive season Personal Money management

.2 min read through Last Improved: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day predetermined down payment system as aspect of its joyful period offerings.Click here to associate with our team on WhatsApp.The banking company is giving a rates of interest of 8.10 per-cent per annum for the supposed tremendously senior Folks, 7.95 per cent for seniors, and 7.45 percent for other customers under non-callable down payments (those going over Rs 1 crore).Under callable deposits with a choice of early drawback, the banking company is offering rate of interest of 7.95 per-cent per year (p.a.) for super elderly people, 7.80 percent for seniors as well as 7.30 per-cent for other consumers. .Trick components of the scheme:.Duration: 400 times.Down Payment Quantity: Less than Rs 3 crore.Supply: All branches and also electronic channels (BOI Omni Neo App/ Electronic Banking).Qualified depositors: Resident Indians, NRE (Non-Resident External) account, and also NRO (Non-Resident Normal) account holders.Rate of interest:.Non-callable deposits (for amounts greater than Rs 1 crore):.- Super elderly people: 8.10 per-cent p.a.- Seniors: 7.95 per-cent p.a.- Other clients: 7.45 percent p.a.Callable down payments (along with untimely withdrawal possibility):.- Super seniors: 7.95 per-cent p.a.- Elderly people: 7.80 percent p.a.- Various other consumers: 7.30 percent p.a.Customers thinking about the system may explore their nearest BOI branch or use the bank's digital platforms - BOI Omni Neo App or even Electronic Banking - to open a taken care of down payment under this scheme.List of lately changed interest rates by BOI:
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1st Released: Sep 27 2024|1:55 PM IST.

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