New FD Scheme: In today’s time, even though many new investment options have come up, but even today, the trust of many people remains on the fixed deposit. People consider it a safe investment because it is not affected by market fluctuations.
After the completion of a certain period, fixed interest is earned on the deposited amount. If you are also thinking of investing in FD, then Bank of India’s ‘Star Super Triple Seven Fixed Deposit’ scheme can be of use to you. The bank has recently launched this scheme. BOI has offered attractive interest rates to its customers on this FD scheme. Know the details.
This scheme will mature on 777 days
Bank of India’s ‘Star Super Triple Seven Fixed Deposit’ scheme will mature on 777 days. On this new scheme, the bank has offered 7.25 percent interest to its customers on the deposited money. On the other hand, if senior citizens deposit the amount under this, then they will be paid an interest rate of 7.75%. The interest rates of 777-day FD scheme of Bank of India are much better than other investment options like Public Provident Fund, Senior Citizen Saving Scheme, National Savings Certificate.
Other FD interest rates
Not only this, Bank of India has increased the interest rate on FDs maturing in 555 days to 6.30%. At the same time, except for the 777 days scheme, other FD schemes which are from 2 years to 3 years, the bank is offering an interest rate of 5.75% on them. Apart from this, Bank of India will now pay an interest rate of 6.25% on schemes maturing in 3 years to 5 years and 5.75 per cent on FDs maturing in 5 years to 10 years.
On other FDs maturing between 1 year to 2 years except 555 days, the bank will pay an interest rate of 5.75%. At the same time, FDs maturing in more than 180 days and less than 1 year will get an interest rate of 4.60%. The interest rate of 3.85% has been offered by the bank on the schemes maturing in 46 days to 179 days, while the interest rate of 2.85% has been offered by the bank on the schemes maturing in 7 days to 45 days.
