FD Rate: In the month of August, many banks have revised their FD rates. Some banks have also launched special FDs. Two such banks are RBL Bank Special FD and Federal Bank Special FD, which have launched special limited period FDs.
FD Rate: In the month of August, many banks have revised their FD rates. Some banks have also launched Special FDs. Two such banks are RBL Bank Special FD and Federal Bank Special FD, which have launched Special Limited Period FDs. IDBI Bank Special FD has revised the rates of its existing Special FDs. In these, you can get up to 8.85 percent return (Return on Fixed Deposit). That is, your money will double in about 8 years.
RBL Bank: Vijay Fixed Deposits
The special fixed deposit plan launched by RBL Bank is named Vijay Fixed Deposit. The bank says that this FD has been launched in honor of the army personnel. Let us tell you that up to Rs 3 crore can be invested under this. Under this FD scheme, you have to make an FD for a period of 500 days.
How much interest are you getting?
Under this FD, people are being offered 8.1 percent interest. Senior citizens, i.e. people above 60 years of age, are being given this interest of 8.60 percent. On the other hand, super senior citizens, i.e. people above 80 years of age, are being given 8.85 percent interest.
Federal Bank: Independence Day offer
A special Independence Day offer has been started by Federal Bank. The bank has not given it any name, but under this, a special interest offer has been started for 3 periods. 7.35 percent interest is being given on a period of 400 days. At the same time, 7.40 percent interest is being given on a period of 777 days and 50 months. Let us tell you that senior citizens are being given an additional interest of 0.50 percent.
The bank has also started a plan called Deposit Plus, under which you have to fulfill certain conditions and you will be able to get more interest only in these periods. Under this, you will have to make an FD of more than Rs 1 crore. At the same time, this will be a non-callable FD, that is, it cannot be broken under any circumstances before maturity. Under this, you are getting 7.50 percent interest on a period of 400 days. At the same time, 7.55 percent interest is being given on the period of 777 days and 50 months. Let us tell you that senior citizens are being given an additional interest of 0.50 percent.
IDBI Bank revised special FD
IDBI Bank has revised the rates of special FD. Under this, the bank is giving 7.05 percent interest on Utsav FD maturing in 300 days. Senior citizens are being given 7.55 percent interest on this. At the same time, the bank is giving 7.20 percent interest on 700 days Utsav FD and senior citizens are getting 7.70 percent interest under this.
Under this, the bank has increased the interest rates from 7.15 percent to 7.25 percent on FD made for a period of 375 days. At the same time, senior citizens will get 7.75 percent interest on this period. Apart from this, on FD of 444 days, you will get 7.35 percent interest instead of 7.25 percent. In this way, senior citizens will now be able to get 7.85 percent interest.
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