Indian Bank is running a special FD scheme of 300 days. Under which, higher interest is being received as compared to normal fixed deposits.
Bank FD: Fixed deposit is considered a zero risk investment plan. Investments can be made in this for 7 days to 10 years. Banks also pay different interest rates on different tenures. At present the public sector Indian Bank is running a special FD scheme. In which maximum interest is available on FD of less than one year 7.80%. The benefit of this scheme can be availed only till 31st October. If you want to invest in FD this festive season, then this can prove to be a better option for you.
About FD Scheme
The name of this scheme of Indian Bank is Ind Supreme 300 Days. This plan was launched on July 1, 2023 and is now going to close in a few days. On this special FD, the bank is offering 7.05% interest to general citizens, 7.55% to senior citizens and 7.80% to very senior citizens. An investment of Rs 5000 to Rs 2 crore can be made in this.
You can also avail the benefits of this FD scheme
This public sector bank is offering a special FD scheme of 400 days. Its name is Ind Super 400 Days. You can invest in it till 31st October. Under this FD scheme, general citizens are getting 7.25% interest, senior citizens are getting 7.75% interest and very senior citizens are getting 8% interest. An investment of Rs 10000 to Rs 2 crore can be made in this.