BOI Star Sunidhi Deposit Scheme - Star Sunidhi Tax Saving Deposit Scheme
The BOI Star Sunidhi Deposit Scheme, also called the Star Sunidhi Tax Saving Deposit Scheme, is a fixed deposit account offered by the Bank of India. It allows you to save money for a fixed term (5 to 10 years) and earn interest on your deposit.
BOI offers additional benefits for senior citizens (over 60 years old) who are the first account holders:
Additional Interest Rate:
0.50% p.a. extra on deposits between Rs. 5,000/- and Rs. 2 crore for terms of 6 months to 10 years.
0.75% p.a. extra on deposits for 3 years or more.
Staff/Ex-Staff Senior Citizens: An additional 1.50% p.a. on top of the regular staff rate and senior citizen rate for deposits below Rs. 2 crore (applicable to term deposits of 6 months to 10 years).
Rupee Term Deposit Rate - Additional Rate
Type Of Accounts
Additional Staff Rate Applicable To Staff/Ex-Staff
Additional Senior Citizen Rate Applicable To Senior Citizen/Ex-Staff Senior Citizen
*All savings are provided by the insurer as per the IRDAI approved
insurance plan. Standard T&C Apply + Trad plans with a premium above 5 lakhs would be taxed as per
applicable tax slabs post 31st march 2023 #Discount offered by insurance company
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in