Limited period higher FD interest rates up to 8%: 3 banks' special fixed deposits will close next week
Many banks provide special deposit schemes with higher interest rates tailored for regular customers and senior citizens. These exclusive deposit accounts come with specific deadlines, which vary depending on the bank. Specifically, banks such as IDBI Bank, Indian Bank, and Punjab & Sindh Bank offer special fixed deposit schemes with a deadline set in June.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} FD interest rate up to 9.1%: 9 banks have revised fixed deposit terms, rates after new RBI rule
IDBI Bank special Utsav FDs deadline
IDBI Bank offers a special rate for its Utsav fixed deposits (FDs). To general citizens, the bank offers 7.05% on Utsav FDs maturing in 300 days. Meanwhile, senior citizens get 7.55% on Utsav FDs of 300 days.For Utsav FDs maturing in 375 days, the bank offers an interest rate of 7.1%. Senior citizens can earn 7.6% for Utsav FDs maturing in 375 days.
On Utsav FDs maturing in 444 days, the bank offers an interest rate of 7.2% for general customers and 7.7% for senior citizens.
As of now, you can invest in IDBI Bank Utsav FDs till June 30, 2024.
Indian Bank special FD deadline
Indian bank has special fixed deposits — Ind Supreme 300 Days and Ind Super 400 Days. For special FDs maturing in 300 days, Indian Bank offers 7.05% interest rates to the general public, 7.55% to seniors, and 7.80% to super senior citizens. For special FDs maturing in 400 days, Indian Bank offers an interest of 7.25% to the general public, 7.75% to senior citizens and 8% to super senior citizens. The last date to invest is June 30, 2024.Punjab & Sindh Bank special FD deadline
Punjab and Sindh Bank offers special fixed deposits for various tenures. The bank offers 7.05% on FDs maturing in 222 days, 7.10% on deposits maturing in 333 days, and 7.25% on special deposits maturing in 444 days. The last date to invest in Punjab and Sindh special FDs will be June 30, 2024.Special Fds with September deadline
SBI customers can invest in Amrit Kalash till September 30, 2024.According to the bank 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 30-September-2024.”
The interest rate for SBI WeCare is 7.50%. The deadline for the plan has been extended to September 30, 2024.
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This story originally appeared on: India Times - Author:Faqs of Insurances
