Special Bank FD Scheme: Many leading government and private banks of the country are currently offering Special FD Schemes, which include State Bank of India (SBI), Indian Bank, IDBI and Punjab & Sind Bank.
These schemes are especially for those who want to get higher returns. The last date for investing in these schemes is September 30, 2024.
If you invest till this time, you can get better interest rates, and if banks extend this period, you can avail the same in the next month as well.
SBI Wecare Scheme
State Bank of India (SBI) has extended the validity of its popular WeCare Schemes till September 30. Both new and existing customers can invest in this scheme.
By investing in this scheme, you get an interest rate of 7.50%, which is much higher than the current market rates.
IDBI Bank Utsav Callable FD
IDBI Bank has extended the last date for its Utsav Callable FD Scheme to September 30. The scheme is available for tenures of 300, 375 and 444 days.
On this FD, the bank offers an interest rate of 7.05% to general citizens and 7.55% to senior citizens. On FD of 444 days, the interest rate is given to general citizens at 7.35% and to senior citizens at 7.85%.
Punjab and Sind Bank Special FD
Punjab and Sind Bank (PSB) has extended the last date for its 222, 333 and 444 days special FDs to September 30, 2024.
The bank offers 6.30% interest rate on 222 days FD, 7.15% on 333 days FD and 7.25% on 444 days FD to general citizens.
Indian Bank Ind Super FD
Indian Bank has introduced a special FD scheme called Ind Super for the general public. In this, general citizens get 7.05% interest on FD of 300 days, senior citizens get 7.55%, and super senior citizens get 7.80% interest. On FD of 400 days, these rates reach 7.25%, 7.75% and 8.00% respectively.
