Fixed Deposit: 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.
Will be closed in 2023
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.
Valid only till 31st October
IDBI Bank’s special FD called Amrit Mahotsav FD, one is for 375 days and the other is for 444 days. Valid only till 31st October 2023
Ind Super 400 Days: This special FD is for 400 days with callable options. Investments ranging from Rs 10,000 to less than Rs 2 crore can be made in this FD.
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 SUPREME 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.
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. IDBI Bank’s website states that the festive offer of Amrit Mahotsav FD has been extended for 375 and 444 days till October 31, 2023.
