New Delhi: Financial institution of India, has introduced to withdraw its particular fastened deposit scheme for 400 days whereby it waws providing rate of interest upto 7.30%. 

Additionally,  the general public sector financial institution has lowered Charge of Curiosity on its short-term & medium-term Mounted Deposits for numerous maturities w.e.f fifteenth April 2025. 

The financial institution has lowered its fee for Mounted Deposits for quantity of lower than Rs.3.00 Crs and is now providing 4.25% for deposits maturing between 91 days and 179 days and 5.75% for 180 days to lower than 1 yr. 

Deposits for one yr would get an rate of interest of seven.05% whereas these above 1 yr as much as 2 years would get 6.75%. The deposit within the quantity bucket of three crores to lower than Rs 10 Crs, Financial institution will likely be providing 5.75% for deposits maturing between 91 days and 179 days, 6.25% for 180 days to as much as 210 days, and 6.50% for deposits of 211 days to lower than one yr. Deposits for one yr would get an rate of interest of seven.05% whereas these above 1 yr to lower than 2 years would get 6.70%. 

The revised charges are to be made efficient from fifteenth April, 2025. An extra fee of curiosity of 0.65% on deposits of Tremendous Senior Residents and 0.50% on deposits of Senior Residents beneath Rs. 3 Cr is obtainable for Mounted Deposits with a maturity interval of 6 months & above.