This bank has started this scheme of 444 days to give strong returns to the customers, the customers who will get huge benefits, and on maturity, customers will get crores of rupees.
Public Sector Bank, Bank of India has increased interest rates for 444 days of Special Fixed Deposits of less than Rs 2 crore from today. The bank said that after this amendment, a 7.05 percent annual interest rate will be available for general customers for a special deposit period of 444 days. The bank is offering an interest rate of 7.55 percent per annum for deposits up to 444 days for senior citizens and 7.25 percent per annum for 'under 2 years to less than 5 years tenure.
Interest rates on other fixed deposits maturing in 7 days to 10 years range from 3 percent to 6.75 percent for general customers. The revised interest rates are applicable for Domestic, NRO, and NRE deposits.
Let us tell you that a few days ago, the private sector ICICI Bank (ICICI Bank) gave a wonderful gift to its customers at the beginning of the new year 2023. The bank (ICICI Bank) decided to increase the interest rates of Fixed Deposit.
The bank has increased the interest rates available on fixed deposits (FD) from Rs 2 crore to Rs 5 crore. After which these new interest rates became effective from 2 January 2023. According to the bank's website, after this change, interest ranging from 4.50 percent to 6.75 percent is being given on FDs maturing in 7 days to 10 years.
