Best FD Rates: Customers can go to any branch of Bank of India to open FD. Customers can also use BOI Omni Neo app to open FD. Customers can use internet banking to open FD.
Fixed Deposit or FD is one of the most popular means of investing. Through FD schemes, customers get guaranteed security as well as fixed returns. Currently, different banks are offering attractive interest rates on their FD schemes and are also bringing new FD schemes.
In this regard, Bank of India (BOI) has launched a special FD scheme of 666 days for senior citizens. Under this, customers get up to 7.95 percent annual return on deposits less than Rs 2 crore.
Giving information about this scheme, the bank said that the 666 days Fixed Deposit Scheme for Super Senior Citizens offers attractive returns of up to 7.95 per cent per annum on deposits of less than Rs 2 crore for 666 days. This Super Senior Citizen Scheme is for people aged 80 years or above.
All the customers of Bank of India and the general public can avail the benefits of this Super Senior Citizen Scheme. It has been said that this 666 days FD scheme will give one of the highest returns on FD.
What is the rate of return?: Senior citizens will get 7.80 percent annual interest on this FD. Customers of other age groups will get 7.30 percent annual interest.
Facilities available on FD: Loan is available on fixed deposit. Premature withdrawal facility is also available.
How to avail the benefit?: Customers can visit any branch of Bank of India to open FD. Customers can also use BOI Omni Neo app to open FD. Customers can use internet banking to open FD.
