Bank FD Closed: Everyone wants to save some of their income and invest it in a place where the money is safe and gives great returns. In both these respects, Fixed Deposit i.e. FD Schemes are becoming quite popular and are providing income along with security.
The reason behind the popularity of Fixed Deposit in the past is also the interest rate given by banks on FD. There are two such big banks, which are offering interest rate of up to 8 percent to the customers on getting special FD with them. But the special thing is that both these FD Schemes are going to close at the end of this month and their deadline is 30 June 2024.
The first name in the list is IDBI Bank’s special Utsav FD, in which common people are getting 7.05% interest and senior citizens are getting 7.55% interest. In Utsav FD scheme, this great interest is being given on 300 days investment and the opportunity to invest in it is till 30th June.
Apart from this, Indian Bank special FD scheme is also running till June only, in which 8% interest is being given to super senior customers on FD of 400 days. Apart from these, there are many small finance banks where investors are getting up to 9 percent interest on FD.