SBI New Scheme: Bank of India has launched ‘666 days special fixed deposit’ scheme. In this FD scheme, super senior citizens will get interest at the rate of 7.95% on deposits less than Rs 2 crore. Super senior citizens are those who are 80 years of age or above.
At the same time, senior citizens will get 7.8% annual interest. Common people will get 7.3% annual interest in this special FD scheme. This FD scheme has become effective from June 1, 2024.
Loan and premature withdrawal facility available
In this FD scheme, investors will get the facility of loan and premature withdrawal. Customers can visit any branch of Bank of India or use BOI Omni Neo app/internet banking to open this special fixed deposit scheme. Bank of India’s FD schemes offer interest rates ranging from 3% to 7.67% with tenures ranging from 7 days to 10 years.
These are also better options for FD
Bank of India is offering the highest interest rate of 7.67% on FDs of Rs 10 crore and above for a tenure of 1 year. The bank is offering an interest rate of 6.8% on FDs up to Rs 2 crore for a tenure of 1 year. For FDs above Rs 2 crore but less than Rs 10 crore for a tenure of 1 year, the rate is 7.25%.
