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Bank of India launches 400-day taken care of down payment plan for cheery time Personal Finance

.2 minutes read through Last Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day preset down payment plan as component of its festive time offerings.Visit this site to connect with our team on WhatsApp.The financial institution is actually supplying a rate of interest of 8.10 per cent per year for the supposed very senior Citizens, 7.95 per cent for senior citizens, as well as 7.45 per-cent for other customers under non-callable deposits (those surpassing Rs 1 crore).Under callable deposits with a choice of untimely withdrawal, the bank is actually delivering rate of interest of 7.95 percent per annum (p.a.) for incredibly seniors, 7.80 per cent for elderly people and 7.30 per cent for other customers. .Trick components of the program:.Period: 400 times.Down Payment Quantity: Lower Than Rs 3 crore.Availability: All divisions and electronic networks (BOI Omni Neo Application/ Electronic Banking).Qualified depositors: Individual Indians, NRE (Non-Resident External) account, and NRO (Non-Resident Regular) account owners.Interest rates:.Non-callable down payments (for volumes greater than Rs 1 crore):.- Super seniors: 8.10 per cent p.a.- Elderly people: 7.95 per cent p.a.- Various other clients: 7.45 per-cent p.a.Callable down payments (with premature withdrawal alternative):.- Super senior citizens: 7.95 per cent p.a.- Senior citizens: 7.80 per-cent p.a.- Other customers: 7.30 per cent p.a.Clients thinking about the system can easily visit their closest BOI division or utilize the banking company's electronic systems - BOI Omni Neo Application or Electronic Banking - to open a corrected down payment under this scheme.List of lately modified interest rates by BOI:
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Initial Released: Sep 27 2024|1:55 PM IST.

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