Special FD Scheme: The deadline for special FDs of State Bank of India and IDBI Bank is going to end soon. In such a situation, it is the last chance to invest in both these schemes.
Special Fixed Deposit Scheme: To curb inflation in India, the Reserve Bank of India had continuously increased its interest rates. Due to this the repo rate has increased to 6.50 percent. With the increase in the repo rate, many banks had launched special FD schemes for customers, some of which are about to expire. State Bank of India had started Amrit Kalash Fixed Deposit Scheme for its customers. The deadline of this scheme is ending on August 15, 2023. It is worth noting that the bank has not made any announcement to extend its deadline. In such a situation, you have the last chance to invest in this FD scheme.
Large private sector bank IDBI Bank (IDBI Bank) has also launched Amrit Mahotsav FD for the customers. The deadline of this scheme is also ending on August 15, 2023. If you want to invest in either of these two schemes, then we are giving you information about the details of both-
SBI Amrit Kalash FD Scheme
If you want to invest in bank FD for more than 1 year, then SBI’s Amrit Kalash scheme can be a great option. This scheme was launched by the bank on 12 April 2023. This is a 400-day special FD scheme in which senior citizens are getting 7.60 percent interest rate. At the same time, customers under 60 years of age are getting 7.10 percent interest rate. Under this scheme, interest is paid on monthly, quarterly or half-yearly basis. To invest in this, you can invest through your nearest SBI branch or net banking or YONO.
IDBI Amrit Mahotsav FD Scheme
The deadline of IDBI Amrit Mahotsav FD scheme is also coming to an end. Under this scheme, you can invest in FDs of 375 days to 444 days. On FD of 375 days, general customers are getting 7.10 percent and senior citizens are getting 7.60 percent interest rate. At the same time, 444 days FD is getting 7.15 percent and senior citizens are getting 7.65 percent interest rate. If you want to invest in this scheme, contact your nearest branch as soon as possible.
