If you are planning to invest in Fixed Deposit (FD), then it is important to make the right choice between 444 days and 555 days bank FD scheme. SBI Amrit Vrishti FD (444 days) and IDBI Bank Utsav Callable FD (555 days), both are offering great interest rates. The last chance to invest in these schemes is till 31 March 2025. So let’s know about these schemes in detail.
FD Scheme
Fixed Deposit (FD) schemes of State Bank of India (SBI) give you safe and fixed returns. SBI’s FD scheme is the best option to increase money and create a strong fund without any risk. Invest in it and you can get the benefit of attractive interest rates. So know the complete details and choose the best FD plan for yourself.
Special FD Benefits
SBI’s Amrit Kalash FD can be best for you. These include SBI Amrit Kalash FD (400 days), SBI Amrit Vrishti FD (444 days) and IDBI Bank Utsav Callable FD (555 days). All these schemes offer attractive interest rates. Investors can get more benefits in this. The special thing is that investment can be made in these schemes till 31 March 2025.
You will get big returns in less time
SBI and IDBI Bank’s special FD schemes are Amrit Kalash (400 days), Amrit Vrishti (444 days) and Utsav Callable FD (555 days). You can get a lot of interest in this. You will be able to avail the benefits of these schemes till 31 March 2025.
SBI Amrit Vrishti FD: Great returns in 444 days
If you want to earn strong interest without risk, then SBI Amrit Vrishti FD can prove to be the best scheme for you. *High interest rates are being offered in this special FD of 444 days. In this, general citizens will get 7.25% interest and senior citizens will get 7.75% interest. The last chance to invest in this special FD scheme is till 31 March 2025.
Calculation example
Interest on investment of Rs 1 lakh A general investor will get Rs 7,100 on 1,00,000 interest at 7.10%. A senior citizen will get Rs 7,600 on 1,00,000 interest at 7.60%. Interest on investment of Rs 2 lakh A general investor will get Rs 14,200 on 2,00,000 interest at 7.10%. Whereas senior citizens will get Rs 15,200 on 2,00,000 at 7.60%.
IDBI Utsav Callable FD: High returns in 555 days
If you want high interest and safe investment, then IDBI Bank Utsav Callable FD is best for you. In this, general citizens will get 7.40% interest and senior citizens will get 7.90% interest. This can be a great scheme for 555 days.
Calculation example
In Utsav Callable FD calculation, interest calculation will be: (Investment amount Interest rate period / 365). Suppose for 555, interest on ₹1,00,000 at 7.40% will be ₹11,269.86. Then the fund will be ₹1,00,000 + ₹11,269.86 Total ₹1,11,269.86.
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