Sunday , November 24 2024

New FD scheme for senior citizens, will get great interest | Live Updates, Unveiling the Latest India News Trends

Best FD Rates: Fixed Deposit or FD is one of the most popular means of investment. Through FD schemes, customers get guaranteed security as well as fixed returns. Currently, various 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 666 days FD scheme 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-day 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 Bank of India customers and the general public can avail this Super Senior Citizen Scheme. It is said that this 666 days FD scheme will give the highest return 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. Facility of premature withdrawal is also available.

How to avail?: 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.