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SBI-HDFC Special FD Update: Big news! These big banks including SBI, HDFC are offering up to 8.05% interest on fixed deposits

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SBI-HDFC Special FD Update: Big news! These big banks including SBI, HDFC are offering up to 8.05% interest on fixed deposits

SBI, HDFC, IDBI, Indian Bank Special FD: Many major banks of the country are offering attractive interest on special FDs, in which money can be deposited till 31 March 2025.

Special FD Schems by SBI, HDFC, IDBI, Indian Bank: If you are thinking of investing in fixed deposits (Bank FD) of banks, then this can be a great opportunity for you. Many major banks of the country are offering attractive interest (Best FD Rates) on special FD schemes. These banks include big and major banks like State Bank of India (SBI), HDFC Bank, IDBI Bank, Indian Bank and Punjab & Sind Bank. By investing in the special FD of these banks, super senior citizens can get interest up to 8.05%, which is more than regular FD. But the deadline for depositing money in these special FDs is only till March 31, 2025. Here we are giving you information about the special FDs of these banks so that you can easily make investment decisions.

SBI Amrit Vrishti

The country’s largest bank, State Bank of India (SBI), is giving attractive interest on many special FD schemes. Among these, the SBI Amrit Vrishti FD scheme is for a period of 444 days. On this FD, 7.25% interest is being given to general citizens and 7.75% interest to senior citizens.

SBI Amrit Kalash

This special FD of SBI is available for a period of 400 days. In this FD, general investors will get 7.10% and senior citizens will get 7.60% interest.

HDFC Bank’s Special Edition FD

HDFC Bank, one of the largest banks in the country, is offering attractive interest on fixed deposits of 35 months in its Special Edition FD scheme. In this, general citizens will get interest at the rate of 7.35% while senior citizens will get interest at the rate of 7.85%. Senior citizens are being given 0.50% additional interest, so that they can get better returns on their investment.

IDBI Bank’s Utsav FD Scheme

In IDBI Bank’s Utsav Callable FD scheme, interest rates have been fixed on the basis of different maturity periods. In the scheme, the minimum interest on FD of 300 days is 7.05% for general citizens and 7.55% for super senior citizens. At the same time, 7.2% interest is being offered to the general public and 7.85% to super senior citizens on FD of maximum duration of 700 days. The last date for investment in these special FDs is also 31 March 2025.

Special FD of Indian Bank

Indian Bank’s 300-day special FD scheme is named IND Supreme, while the 400-day special FD has been introduced in the name of IND Super. Super senior citizens are being offered up to 8.05% interest on these special FD schemes. Punjab and Sindh Bank Special FD

Different interest rates are applicable for different periods in the special FD scheme of Punjab and Sindh Bank, which are as follows:

– 7.20% interest on FD of 333 days
– 7.30% interest on FD of 444 days
– 7.45% interest on callable FD of 555 days
– 7.20% interest on FD of 777 days
– 6.65% interest on FD of 999 days

Senior citizens will be given 0.50% extra interest on all these FDs. Like all the other FDs given above, this scheme is also open for investment till 31 March 2025.

Why special interest on special FD?

The interest rates offered under the above-mentioned special FDs of banks generally depend on the current market conditions, cost of funds of banks and future prospects related to the interest rate cycle. After March 31, 2025, these special FD schemes may be closed or their interest rates may change, so investors who want to invest in bank FDs can take advantage of them in time.

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