Fixed Deposit Scheme: Many big banks including SBI, IDBI Bank, Indian Bank and Punjab & Sind are offering limited time FD schemes with higher interest rates. However, there is a time limit to invest in them.
Fixed Deposit Scheme: Many big banks including SBI, IDBI Bank, Indian Bank and Punjab & Sind are offering limited time FD schemes with higher interest rates. However, there is a time limit to invest in them. Investors can invest in all special FDs till 30 September 2024. Up to 8 percent interest is being given on special FDs of banks. If you also want to earn more returns in less time, then invest in them by the end of this month.
IDBI Bank Special Fixed Deposit Scheme
IDBI Bank is offering special Fixed Deposit to its lakhs of customers. IDBI Bank is offering special FDs of 300 days, 375 days and 444 days. It is offering 7.75 percent interest on this. This special scheme is available to customers till 30 September 2024.
IDBI Utsav 444 days FD scheme (IDBI Utsav Special 400 days FD)
According to the website of IDBI Bank, you can invest in Utsav FD scheme till 30 September 2024. IDBI Bank is giving interest at the rate of 7.25% on FD of 444 days to regular customers, NRI and NRO customers. The bank also allows investors to withdraw and close this FD prematurely.
IDBI Utsav FD Scheme 375 days
IDBI Bank is giving 7.60% interest to senior citizens investing in 375 days Utsav FD. At the same time, it is giving 7.10% interest on FD of 375 days to regular customers, NRI and NRO customers. The bank also gives the option of withdrawing or closing money prematurely in this FD.
IDBI Utsav 300 days FD scheme
IDBI Bank is giving 7.55% interest to senior citizens investing in 300 days Utsav FD. At the same time, it is giving 7.05% interest on 300 days FD to regular customers, NRI and NRO customers. This FD also allows premature withdrawal of money. You can invest in these FDs till 30 September.
Indian Bank Special Fixed Deposit
Indian Bank is offering special FD scheme to customers. Public sector bank Indian Bank is offering FDs of 300 and 400 days to its customers. According to the website of Indian Bank, you can invest in FD schemes named Ind Super 400 and Ind Supreme 300 days till 30 September 2024.
Ind Super 400 days FD Scheme
This special FD is a callable FD. Callable FD means that in this you get the option to withdraw money before time. Indian Bank’s Ind Super FD is for 400 days. You can invest from Rs 10,000 to Rs 2 crore in this scheme. Indian Bank is now offering 7.25% interest to the general public and 7.75% to senior citizens and 8.00% to super senior citizens.
Ind Super 300 days
According to the website of Indian Bank, the special term deposit product Ind Super 300 days was launched on 1 July 2023. You can invest from Rs 5000 to less than 2 crore for 300 days on this FD. The bank is giving interest ranging from 7.05 percent to 7.80 percent on this. Indian Bank is now offering 7.05% interest rate to the general public and 7.55% to senior citizens and 7.80% to super senior citizens.
Punjab and Sindh Bank Special FD Scheme
Punjab and Sindh Bank is offering special FDs of 222 days, 333 days and 444 days to its customers. These special FDs are getting a maximum interest of 8.05 percent. According to the bank’s website, the bank is giving 7.05 percent interest on FDs of 222 days, 7.10 percent on FDs of 333 days and 7.25 percent on FDs of 444 days. The bank is giving 8.05 percent interest to super senior citizens on FDs of 444 days.
SBI Amrit Kalash Deadline
The Amrit Kalash Yojana of the country’s largest public sector bank SBI is a special FD scheme. The last date to invest in it is 30 September 2024. The bank is paying 7.10% interest on it. This is a special scheme of SBI in which 7.10 percent interest is being given on FD of 400 days. According to the bank’s website, anyone can invest in Amrit Kalash Special Scheme with a period of 400 days and get guaranteed returns. According to SBI Bank, Amrit Kalash FD investors can get monthly, quarterly and half-yearly interest payments. According to the SBI website, if the money deposited in Amrit Kalash FD is withdrawn before the FD of 400 days, the bank can deduct 0.50% to 1% less interest rate than the applicable rate as a penalty.