This exclusive 400-Day Fixed Deposit is available to Resident Indians, NRE, and NRO depositors in Domestic Rupees for amounts less than Rs 3 crore.
Good news for the Bank of India (BOI) customers. In a bid to celebrate the festive season, BOI has launched a Special 400-Day Retail Term Deposit for amounts under Rs 3 crore.
The bank is offering an appealing interest rate of 8.10% per annum for Super Senior Citizens, 7.95% for Senior Citizens, and 7.45% for other customers under Non-callable deposits (for deposits exceeding Rs 1 crore).
Read More: 5 special FDs offering higher interest rates will end on September 30
For callable deposits that allow for premature withdrawal, the bank provides competitive interest rates of 7.95% per annum for Super Senior Citizens, 7.80% for Senior Citizens, and 7.30% for other customers.
This exclusive 400-Day Fixed Deposit is available to Resident Indians, NRE, and NRO depositors in Domestic Rupees for amounts less than Rs 3 crore.
Read More: New UPI AutoPay rule: No 24-hour pre-debited notification for these two UPI recurring payments
The Special 400-Day Retail Term Deposit will be accessible from September 27, 2024, at all BOI branches, and can also be obtained through digital platforms such as the BOI Omni Neo App and Internet Banking.