3 banks special FDs with higher interest rates ending on December 31
To entice depositors, the majority of banks are offering special fixed deposits with higher interest rates on their fixed deposits this year. The following five special fixed deposits (FDs) from different banks, including SBI, are recommended for depositors who want to get a higher return on their FDs before they expire in December 2023.SBI Amrit Kalash (400 Days)
According to the SBI website, “The specific tenor scheme of “400 days” (Amrit Kalash) at Rate of Interest of 7.10 % w.e.f. 12- April- 2023. Senior Citizens are eligible for rate of interest of 7.60%. The Scheme will be valid till 31-December-2023.”SBI Amrit Kalash FD Scheme can be invested through branch, INB, YONO channels, and the SBI special FD scheme also includes premature withdrawal and loan against deposit options
SBI Amrit Kalash: Only few days left to invest in this special FD with higher FD rates
Indian Bank Special FD
Last date to invest in Indian Bank special FD offering higher interest rate dubbed “Ind Super 400” and “Ind Supreme 300 days” is December 31, 2023.Ind Super 400 days
This special FD offers a higher rate of interest for investments ranging from Rs.10,000 to less than Rs.2 crore for 400 days with callable options.
Indian Bank will now offer 7.25% interest rates to the general public, 7.75% to seniors, and 8.00% to super senior citizens.
Ind Super 300 days
As per the website, “Special Retail Term Deposit Product “IND SUPREME 300 DAYS” has been launched w.e.f 01.07.2023 offering attractive rate of interest for investment starting from Rs.5000 to less than 2 Crore for 300 days in the form of FD/MMD with callable options.”
Indian Bank will now offer 7.05% interest rates to the general public, 7.55% to seniors, and 7.8% to super senior citizens.
IDBI Bank special FD
According to the bank website, “Festive Offer Extension of ‘Utsav FD’ for 375 Days and 444 Days up to December 31, 2023.”Amrit Mahotsav FD 444 days
The bank gives regular, NRE, and NRO customers an interest rate of 7.15% under the Amrit Mahotsav FD scheme of 444 days. The bank gives senior citizens 7.65%.
Amrit Mahotsav FD 375 days
The bank gives older folks 7.65%. The bank gives regular, NRE, and NRO customers an interest rate of 7.10% under the Amrit Mahotsav FD scheme of 375 days.Connect with Experts - Wealth creation made easy
This story originally appeared on: India Times - Author:Faqs of Insurances
