Special FDs with up to 8% interest rate: These 4 banks special FDs will end on September 30 It's important for potential investors to take note of the deadlines and consider investing before the offers expire. Let's take a closer look at these unique fixed deposit offerings and their corresponding deadlines
Many big banks including SBI, IDBI Bank, Indian Bank and Punjab & Sindh are offering limited period special fixed deposit with higher interest rates. However, they come with deadline. Investors should make sure to invest before the deadline. Here is a look at these special FDs and their deadlines.#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;}
IDBI Bank special FD deadline
What is the latest deadline for Utsav Callable FDIDBI Bank has extended the validity date for special FD deadline to September 30 from June 30, 2024. IDBI Bank has extended the validity date for Utsav FDs for special buckets tenures of 300 Days, 375 Days, and 444 Day. The new tenure added to the list is 700 days.
IDBI Bank extends special FD deadline, hikes interest rate, adds new fixed deposit tenure
Interest rate of Utsav callable fixed deposits
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 7.15% (earlier 7.1%). Senior citizens can earn 7.65% for Utsav FDs maturing in 375 days (earlier 7.6%).
Utsav FD details
Tenure of 300 Days not applicable for NRE Deposits. Premature withdrawal and closure is allowed under the scheme. All other features of term deposit as well as terms and conditions shall remain unchanged and are applicable for the above scheme also.
Indian Bank special FD deadline
What is the last date to invest in Indian Bank special FDsThe last date has been extended to September 30, 2024. Earlier the date was June 30, 2024.
Ind Super 400 Days
Special Retail Term Deposit Product, “IND SUPER 400 DAYS,” offers a higher rate of interest for investments starting from Rs.10000 to less than 2 Crore for 400 days in the form of FD/MMD 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
A Special Retail Term Deposit Product, “IND SUPREME 300 DAYS,” offers an attractive rate of interest for investments 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 7.80% to super senior citizens.
Punjab and Sindh Special Fd deadline
What is the latest deadline after extension?Punjab and Sindh's limited-time special deposits have been extended to September 30, 2024 from June 30, 2024.
The special FD duration of 222 days offers a higher interest rate of 6.30%. The bank provides 7.15% on special deposits with a duration of 333 days.
SBI special FD- Amrit Kalash, WeCare
SBI special FD with interest rate up to 7.6%: Last date to invest in SBI Amrit Kalash extended
When is the last date to invest in Amrit Kalash?
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.”
When is the last date to invest in SBI Wecare?
The scheme has been extended to September 30, 2024. The scheme is available on fresh deposits and renewal of maturing deposits.
According to the SBI website, “Additional premium of 50 bps (over and above existing premium of 50 bps) over card rate for Public i.e., 100 bps over card rate for Public.”
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This story originally appeared on: India Times - Author:Faqs of Insurances
