CosmicTaco
CosmicTaco

Bank of India Launches New FD Scheme

  • Bank of India has introduced the 333 Days Star Dhan Vriddhi Fixed Deposit with interest rates up to 7.90% for Super Senior Citizens.
  • The scheme offers 7.75% for Senior Citizens and 7.25% for others, with loan and premature withdrawal facilities.
  • Customers can open the FD via branches, the BOI Omni Neo App, or internet banking.
  • UPI-based cash deposit is now available at ATMs, enhancing convenience without needing an ATM card.
  • New PPF rules effective from October 1, 2024, include guidelines for minors' accounts and NRIs.
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