Bank of India: Bank of India has launched Star Dhan Vriddhi Scheme. Under this scheme, you are getting the benefit of good interest rate on fixed deposit.
Bank of India Launches New FD Scheme: If you are liking to invest in fixed deposit scheme then there is good news for you. Public sector Bank of India has launched a new FD scheme. By investing in this scheme, you can get the benefit of high interest rate. The name of this scheme is Star Dhan Vriddhi Scheme. Under this scheme, both general customers and senior citizens are getting the benefit of higher interest rate than normal. Under this scheme, customers can deposit up to Rs 3 crore in the bank.
Know what is Star Dhan Vriddhi Scheme
Under the Star Dhan Vriddhi Scheme of Bank of India, customers are getting the benefit of high interest rate in a short period. Under this scheme, you can deposit money for 333 days. General customers are getting the benefit of 7.25 percent interest rate on this 333 day scheme. At the same time, senior citizens are getting the benefit of 0.50 percent higher interest rate. In this way, they will get the benefit of 7.75 percent interest on deposits. Super senior citizens will get the benefit of 7.90 percent interest. Along with this, the bank has also revised its FD interest rates. The new rates have come into effect from September 1, 2024.
Bank of India is offering this interest rate
The bank is offering 3 percent interest rate to general customers on FD schemes ranging from 7 to 45 days. At the same time, 4.5 percent interest rate is being offered on FD schemes of 46 to 179 days. 6% interest rate is available on FD schemes from 180 days to 1 year (except 333 days), 7.25% interest rate on FDs of 333 days, 6.80% on FD schemes from 1 year to 2 years, 6.75% on FD schemes from 2 to 3 years, 6.5% on FD schemes from 3 to 5 years and 6% interest rate is available on FD schemes above 5 years. At the same time, the bank is offering 0.50% additional interest rate to senior citizen customers.
Also Read- HDFC vs ICICI vs Axis Bank FD Interest Rates: Which bank is giving how much interest on 2-3 year FD? See here
You can also invest in these special FD schemes
State Bank of India has come up with Amrit Kalash Scheme. Under this scheme, you can invest in 400 days FD scheme. Under this scheme, general citizens are getting the benefit of 7.10% and senior citizens are getting the benefit of 7.60% interest rate. The deadline of this scheme is ending on 30 September.
Indian Bank’s special FD scheme i.e. Ind Super 300 Days is offering 7.05% interest rate to general customers, 7.55% to senior citizens and 7.80% to super senior citizens. Punjab & Sind Bank has also come up with special FD schemes of 222 days, 333 days and 444 days. The bank is offering 6.30% interest rate on 222 days FD scheme, 7.15% on 333 days FD scheme and 7.25% on 444 days FD scheme.
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