Special FD deadlines: Punjab and Sind Bank and IDBI Bank are offering special fixed deposits with high interest rates till December 31, 2024

Special FD offering up to 8.10% interest rate: Invest in these special FDs offering high interest rate before December 31, 2024 Investors looking for investments with high interest rates can do so before the deadline

Punjab and Sind Bank and IDBI Bank are offering special fixed deposits with high interest rates till December 31, 2024. Investors looking for investments with high interest rates can do so before the deadline.

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IDBI Bank special FD deadline

The last date to invest in Utsav FDs for special buckets tenures of 300 days, 375 days, 444 days and 700 days is December 31, 2024.

The last date to invest in Utsav FDs for special deposit tenures of 300 days, 375 days, 444 days and 700 days is December 31, 2024.

FD rates revised: Up to 7.9% interest for senior citizens on fixed deposits; check full list here

For the general public, the interest rates are 7.05%, 7.25%, 7.35%, and 7.20% for 300 days, 375 days, 444 days and 700 days tenures respectively. For senior citizens, interest rates offered on FDs with the above-mentioned tenures are 7.55%, 7.75%, 7.85%, and 7.70%, respectively.
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Special BucketsGeneral/NRE/NROSenior Citizens300 Days7.057.55375 Days7.257.75444 Days7.357.85700 Days7.27.7
General Terms and conditions for IDBI Bank’s UTSAV FD
Tenure of 300 Days not applicable for NRE deposits.Premature withdrawal / closure permitted.Staff & Senior Citizen Rates are not applicable to NRO & NRE term Deposits.All other features of term deposit as well as terms and conditions shall remain unchanged and are applicable for the above scheme also.

Punjab & Sind Bank special FD deadline: December 31, 2024

Punjab& Sind Bank offers various special fixed deposits with different tenures. The deadline for these deposits is December 31, 2024, according to the bank’s website.

The special FD with a duration of 222 days offers a high interest rate of 6.30%. The bank provides an interest rate of 7.20% on special deposits with a duration of 333 days. On a tenure of 444 days, the bank offers 7.30% interest for general citizens. For 555 days (Callable) deposit, the bank offers an interest rate of 7.45%. On a special deposit of 777 Days, the bank offers an interest rate of 7.25% and for 999 Days (Callable) deposits, the bank offers an interest rate of 6.65%.

Punjab & Sind Bank senior citizens FD rates
Senior citizens shall be given the benefit of an additional interest of 0.50% on term deposits of amount less than Rs. 3 crore, over and above the mentioned rates for the maturity of 180 days & above on fresh and on renewal of term deposits. The bank offers an interest rate between 4% and 7.95% for callable deposits with tenure of 555 days.

Punjab & Sind Bank super senior citizens FD rates
Super senior citizens (80 Years & above) will be given the benefit of an additional interest of 0.15% on specific period (i.e. 222Days, 333Days, 444Days, 555 Days, 777Days, 999Days) Term Deposits of less than Rs. 3 crores, above for the maturity of 180 days & above on fresh as well as on renewal of term deposits. The highest interest rate offered for super senior citizens is 8.10% on tenure of 555 days.
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This story originally appeared on: India Times - Author:Faqs of Insurances