Special Fixed Deposit: Banks are now offering special fixed deposit (FD) schemes for super senior citizens, offering interest rates up to 8.05%. These limited period FD schemes offer better returns than regular FDs
Special Fixed Deposit: Banks are now offering special fixed deposit (FD) schemes for super senior citizens, offering interest rates up to 8.05%. These limited period FD schemes offer better returns than regular FDs. In this, investors are getting a golden opportunity to increase their savings. If you want to get higher returns on your savings, then this is the right time to invest in these special FD schemes. You can take advantage of these attractive interest rates by investing before 31 March 2025.
Invest before 31 March 2025
To take advantage of higher FD rates, investors have to invest before 31 March 2025.
SBI Amrit Vrishti Yojana of State Bank of India (SBI) is offering 7.25% interest rate for general citizens and 7.75% interest rate to senior citizens for a period of 444 days. This scheme is available till 31 March 2025.
SBI Amrit Kalash
This FD scheme is offering 7.10% interest rate (for general citizens) and 7.60% interest rate (for senior citizens) for a period of 400 days. This is also valid till 31 March 2025.
IDBI Bank Utsav Callable FD
IDBI Bank’s Utsav Callable FD is offering different interest rates depending on the maturity period. This scheme is available till March 31, 2025.
Indian Bank Special FD Schemes
Indian Bank’s IND Supreme 300 Days and IND Super 400 Days FD schemes are offering up to 8.05% interest for super senior citizens. The last date to invest in these schemes is March 31, 2025.
Punjab & Sind Bank Special FD
Punjab & Sind Bank is offering attractive interest rates.
For 333 days – 7.20%
For 444 days – 7.30%
For 555 days – 7.45%
For 777 days – 7.20%
For 999 days – 6.65%
Senior citizens will be given 0.50% additional interest on these rates. This scheme is valid till March 31, 2025.
