New Delhi: Bank of India, has actually revealed to withdraw its unique set down payment plan for 400 days where it waws using rate of interest upto 7.30%.
Also, the general public industry financial institution has actually lowered Rate of Interest on its temporary & & medium-term Fixed Deposits for numerous maturations w.e.f 15th April 2025.
The financial institution has actually lowered its price for Fixed Deposits for quantity of much less than Rs.3.00 Crs and is currently using 4.25% for down payments growing in between 91 days and 179 days and 5.75% for 180 days to much less than 1 year.
Deposits for one year would certainly obtain a rates of interest of 7.05% while those over 1 year as much as 2 years would certainly obtain 6.75%. The down payment in the quantity pail of 3 crores to much less than Rs 10 Crs, Bank will certainly be using 5.75% for down payments growing in between 91 days and 179 days, 6.25% for 180 days to as much as 210 days, and 6.50% for down payments of 211 days to much less than one year. Deposits for one year would certainly obtain a rates of interest of 7.05% while those over 1 year to much less than 2 years would certainly obtain 6.70%.
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.(* )modified prices are to be made reliable from 15th
The, 2025. April extra interest rate of 0.65% on down payments of An and 0.50% on down payments of Super Senior Citizens listed belowSenior Citizens 3 Rs is provided for Cr with a maturation duration of 6 months & & over.Fixed Deposits
