Best FD Rates: Bank of Baroda, Bank of India, City Union Bank and Union Bank of India are offering 333 days FD scheme under different names for investors. Before locking money in it, see where you are getting the highest returns.
Highest Interest Rates on 333 Days FD: All banks like Bank of Baroda, Bank of India, City Union Bank recently changed their FD rates. During this time, some banks also introduced special FD schemes. Union Bank of India’s name is also included in this. At the beginning of last month, this government bank announced the Union Sumvriddhi deposit scheme. The maturity time of the FD scheme is 333 days. Deposit schemes with similar duration are being offered by many banks. In such a situation, which bank is getting the highest return on the 333 days scheme and where will you get the most benefit, check this list before investing money.
Bank of Baroda
Bank of Baroda is introducing the 333 days FD scheme as Monsoon Dhamaka Deposit Scheme. The bank is offering 7.15 percent interest on 333 days FD to its general customers. Senior citizens are getting 7.65 percent return on this scheme. Bank of Baroda has recently changed the FD interest rates for amounts less than Rs 3 crore. The new rates are applicable from September 5, 2024.
Bank of India
Bank of India is offering a 333-day FD scheme called Star Dhan Vriddhi. The bank is offering 7.25% interest on this 333-day scheme to its general customers. Senior citizens i.e. investors aged 60 years and above are getting 7.75 percent interest on this scheme. The same bank is giving 7.90% interest to its super senior citizens.
City Union Bank
City Union Bank has changed its FD interest rates for amounts less than Rs 3 crore from September 1. After this change, now common customers are getting interest rates ranging from 5% to 7.50% on FDs of different tenures in the bank. The bank is offering interest rates ranging from 5% to 8% on FDs to its customers aged 60 years and above.
333 days FD scheme is also available for investors in City Union Bank. The bank is offering interest at the rate of 7.50% on this scheme to its general customers. Senior citizens i.e. investors aged 60 years and above are getting 8 percent interest on this scheme. The same bank is giving 8.10% interest to its super senior citizens. The new rates for common people and senior citizens are applicable from September 1 and for super senior citizens from September 9.
Union Bank’s Union Samvriddhi Deposit Scheme
Union Bank is giving 7.40% annual interest to its general customers on FD of 333 days. At the same time, the annual interest rate for senior citizens is 7.90% and the annual interest rate for super senior citizens is 8.15%. In this FD, you can start your investment from Rs 1000 and the maximum investment limit of the scheme is Rs 3 crore.
The FD account opened under this scheme can be closed after 7 days and before maturity. In such a situation, the return will be 1.00% less than the interest rate applicable at the time of deposit. To open an FD account under this scheme, you can apply online through the Union Bank of India website or VYOM app. You can also take a loan under this scheme.
