Bank FD Update: If you also want to get bumper interest on your FD, then this news is very special for you. Actually, let us tell you that bumper interest is being given on 400 day FD of this bank. In such a situation, immediately check the complete details related to the bank.
The special FD scheme of Indian Bank and IDBI Bank is going to be closed in the next 10 days. After October 31, you will not get a chance to invest in the special FDs of these two banks. The special thing is that the special FD of these two banks is giving tremendous returns of up to 8 percent to the investors.
Indian Bank’s special FDs called Ind Super 400 Days, Ind Super 300 Days will close on 31 October 2023. IDBI Bank’s special FD called Amrit Mahotsav FD, one is for 375 days and the other is for 444 days. Valid till 31 October 2023 only.
Indian Bank Special FD-
Ind Super 400 Days-
This special FD is of 400 days with callable options. In this FD, investment can be made from Rs 10,000 to less than Rs 2 crore. Indian Bank is now giving returns of 7.25 percent to the general public, 7.75 percent to senior citizens and 8.00 percent to super senior citizens.
Ind Super 300 Days-
According to the bank’s website, the special retail FD “IND SUPREME 300 DAYS” was launched on July 1. This FD is for up to 300 days. In this FD, investment can be made from Rs 5000 to less than Rs 2 crore. This FD is giving a return of 7.05 percent to the general public, 7.55 percent to senior citizens and 7.80 percent to super senior citizens.
IDBI Bank Special FD-
According to the bank’s website, IDBI Bank’s special FD named Amrit Mahotsav FD was initially for 375 days, which was later extended to 444 days. In the month of September, the bank has extended the deadline of this FD from 30th September to 31st October. It is said on the IDBI Bank website that the festive offer of Amrit Mahotsav FD has been extended for 375 and 444 days till October 31, 2023.
How much return is being given on Amrit Mahotsav FD-
The bank is giving different returns to investors ranging from ordinary investors to super senior citizens. The bank is giving 7.65 percent return to senior citizens. Whereas, under the Amrit Mahotsav FD scheme for 375 days, it gives an interest rate of 7.10 percent to regular customers, NRE and NRO customers. Additionally, premature withdrawals and closures are also allowed.
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