Eligibility to Open a Bank of India (BOI) FD Account
When considering to invest in Bank of India FDs, investors have to fulfil the following criteria:
1. You must have an individual or joint FD account with the bank.
2. NRIs can only invest through NRE and NRO accounts.
3. Investor should be memeber of HUF which stands for Hindu undivided family.
4. Minors can invest in these FDs as well, but they must be accompanied by their parents or guardians.
5. For these sort of Investments ,Trusts, public and private limited companies, partnerships, and sole proprietorships are also eligible.
Bank of India (BOI) FD Interest Rates 2024
The Bank of India (BOI) is one of India’s oldest and most well-known nationalised banks. BOI’s headquarters are in Mumbai. It provides the necessary banking and financial services to both retail and corporate customers. The Bank of India is also a founding member of SWIFT, which stands for the Society for Worldwide Interbank Financial Telecommunications. SWIFT offers low-cost financial processing and communication services.
Bank of India provides its customers with a variety of FD options through which they can secure their investments and earn interest. Bank of India FD rates are often higher than savings account interest rates. Customers are permitted to deposit a specified amount while opening an account. Additional money deposits and withdrawals are not permitted during the current tenure.
Table of Content
- Bank of India (BOI) FD Rates 2024 (Less than ₹2 Crore)
- Bank of India (BOI) FD Interest Rates (₹2 Crore to ₹10 crore)
- Benefits of Bank of India (BOI) Fixed Deposit
- Types of Bank of India (BOI) FD Schemes
- How to Invest in Bank of India (BOI) FD?
- Eligibility to Open a Bank of India (BOI) FD Account
- Documents Required to Open Bank of India (BOI) FD
- Tax on Bank of India Fixed Deposit
- Loan Against Bank of India (BOI) FD
- Premature Closure of Bank of India (BOI) Fixed Deposit
- Frequently Asked Questions (FAQs)
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