Green Deposits Scheme

Bank of India is launched Green Deposit Scheme under brand name “Harit Jama Yojana ” which is a unique and innovative financial product designed to support sustainable projects and contribute to the environmental preservation. The BOI Green Deposit Scheme provides customers with an opportunity to invest in initiatives that promote green energy, reduce carbon emissions and support global sustainability efforts while earning competitive returns.

Applicability

Harit Jama Yojana
will be accepted at all Branches for amount less than Rs.10 Cr.
All KYC complied Resident Individuals, Non- Individuals and NRI Customers are permitted. Minors are however not permitted.

Type of Deposit

Only Term Deposits (cumulative) DBD

Period of Deposit

The Harit Jama Yojana is launched initially for a period of 999 Days. Tenure will be fixed and is subject to change from time to time as decided by the Bank.

Minimum Amount

Minimum – Rs 1 lakh
Maximum– Less than Rs 10 Cr.

Rate of Interest

7.00% p.a. for 999 Days

TDS

Applicable

Additional Interest Rates to Resident Senior /Super Citizen

Available: Additional interest benefits of Senior/Super Senior will be available.
Senior Citizen at 50 bps, Super Senior Citizen at 65 bps, over and above the ROI applicable for green deposits less than Rs 3 Cr

Premature withdrawal & Prepayment Penalty