BOI STAR SUNIDHI DEPOSIT SCHEME
Star Sunidhi Tax Saving Deposit Scheme

Disclaimer
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The Bank of India and its affiliates, subsidiaries, employees, officers, directors and agents shall not be liable for any loss, claim or damage whatsoever including in the event of deficiency in the service of such third party websites and for any consequences of error or failure of internet connection equipment hardware or software used to access the third party website through this link , slowdown or breakdown of third party website for any reason including and resulting from the act or omission of any other party involved in making this site or the data contained therein available to you including for any misuse of the Password, login ID or other confidential security information used to login to this website or from any other cause relating to your access to, inability to access, or use of the site or these materials in accordance thereto Bank of India and all its related parties described hereinabove stand indemnified from all proceedings or matters arising thereto.
By preceding further to access the said website it is presumed that you have agreed to the above and also the other terms and conditions applicable.
- Eligibility - Individuals & HUFs having PAN Numbers
- Minimum Deposit - Rs.10,000/-
- Maximum Deposit - Rs.1,50,000/- p.a.
- Type of Deposit - FDR/MIC/QIC/DBD
- Tenure - Minimum - 5 years , Maximum - Upto & including 10 years
- Rate of Interest - As applicable to our normal domestic term deposits
0.50% extra for Senior Citizens - Premature Withdrawal - Not permitted upto 5 years. However, in case of death of the depositor before the maturity of term deposit, levy of penalty would be exempted and nominee/legal heir will be allowed premature payment even before the lock-in-period as per rules. T&C Apply
- Advance Facility - Not available for a period of 5 years from the Date of Deposit
- Applicability - All branches in India
- Nomination Facility – Available
- Other Benefits - Tax Exemption u/s 80c of the Income Tax Act
This is a preliminary calculation and is not the final offer
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Other terms & conditions
- In the case of Joint Accounts, only the first named Depositor will be eligible for deduction under Section 80c of the Income Tax Act.
- No nomination shall be made in respect of a Term Deposit applied for and held by or on behalf of a Minor.
- The Term Deposit shall not be pledged to secure a loan or as security to any other advance.
- TDS norms will apply as per extant rules
- Other terms and conditions as applicable to normal Term Deposits.
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
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