.2 minutes went through Last Upgraded: Sep 27 2024|1:55 PM IST.Financial Institution of India (BOI) on Friday released a 400-day preset down payment system as part of its festive period offerings.Go here to get in touch with our team on WhatsApp.The financial institution is actually providing a rate of interest of 8.10 percent per annum for the so-called incredibly elderly Folks, 7.95 percent for seniors, and also 7.45 per-cent for various other consumers under non-callable down payments (those going beyond Rs 1 crore).Under callable consign a choice of early withdrawal, the banking company is using rate of interest of 7.95 per cent per annum (p.a.) for incredibly seniors, 7.80 per cent for senior citizens as well as 7.30 per-cent for various other consumers. .Key features of the scheme:.Length: 400 times.Deposit Volume: Less than Rs 3 crore.Accessibility: All divisions and digital channels (BOI Omni Neo App/ Electronic Banking).Entitled depositors: Individual Indians, NRE (Non-Resident Exterior) account, and NRO (Non-Resident Average) account owners.Rates of interest:.Non-callable deposits (for quantities greater than Rs 1 crore):.- Super elderly people: 8.10 per-cent p.a.- Senior citizens: 7.95 per-cent p.a.- Various other clients: 7.45 percent p.a.Callable down payments (with premature withdrawal choice):.- Super senior citizens: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Various other clients: 7.30 percent p.a.Consumers curious about the system can easily visit their nearest BOI branch or use the banking company's digital platforms - BOI Omni Neo Application or Electronic Banking - to open a dealt with down payment under this scheme.List of recently modified rate of interest by BOI:
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Very First Posted: Sep 27 2024|1:55 PM IST.