New Delhi: Bank of India (BOI) has revised its Fixed Deposit (FD) interest rates for deposits under Rs 3 crore, effective from September 1, 2024. As part of this revision, the bank has introduced a new special FD scheme called ‘Star Dhan Vriddhi’, offering higher returns to customers.
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FD Interest Rates
After the changes, Bank of India is now offering interest rates between 3 per cent and 7.25 per cent on FDs with tenures ranging from 7 days to 10 years. These rates apply to deposits below Rs 3 crore for the general public.
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Star Dhan Vriddhi Scheme: Interest Rates
The Star Dhan Vriddhi scheme is a limited-time FD option that offers an attractive interest rate of 7.25 per cent for a fixed tenure of 333 days.
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Special Rates For Senior And Super Senior Citizens
Senior and super senior citizens get even better returns under this scheme:
– General citizens: 7.25%
– Senior citizens (ages 60-80): 7.75%
– Super senior citizens (age 80+): 7.90%
