Bank of India
Bank of India launches term deposit of 444 days with 5.50 pc p.a. ROI
Public Sector lender Bank of India launched 444 days term deposit scheme on June 23, 2022 with a rate of interest of 5.50 percent per annum.
This special term deposit scheme is launched on account of the bank’s ensuing 117th Foundation Day to be celebrated on Sept 7, 2022, with an intent to reaffirm its commitment to pass on the benefits of policy rate changes towards its customers & general public, the bank said in a statement.
This offer shall be valid for a limited period only and the same is available at Bank of India’s all Branches/ Online platforms viz. Internet Banking/ BOI Mobile App, it said.
On this very special term deposit, senior citizens will also get additional interest of 0.50 percent p.a, it added.
Bank of India said it has also hiked ROI up to 40 bps on term deposits of various maturity periods.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
