Special Fixed Deposit: Banks are now offering special fixed deposits (FD) schemes for super senior stigs, in which interest rates are being given up to 8.05%. These limited period FD schemes give better returns than regular FDs. In this, investors are getting a golden opportunity to increase their saving. If you want to get more returns on your savings, then these special FD schemes are the right time to invest. You can take advantage of these attractive interest rates by investing before 31 March 2025.
Invest before 31 March 2025
Investors will have to invest before 31 March 2025 to take advantage of higher FD rates.
SBI Amrit Vrishti
State Bank of India (SBI )’s Amrit Vrishti Yojana is paying 7.25% interest rate for 444 days period for ordinary citizens and 7.75% interest rate to senior citizens. The scheme is available till 31 March 2025.
SBI Amrit Kalash
This FD scheme is offering 7.10% interest rate (for general citizens) and 7.60% interest rate (for senior citizens) for a 400 -day period. It is also valid till 31 March 2025.
IDBI Bank Festival FD
IDBI Bank’s celebration Callbal FD is offering different margin rate based on the maturity period. The scheme is available till 31 March 2025.
Indian Bank special FD schemes
Indian Bank’s IND Supreme 300 Days and IND Super 400 Days FD schemes are paying up to 8.05% for Super Senior Citizens. The last date for investment in these schemes is 31 March 2025.
Special FD of Punjab & Sindh Bank
Punjab and Sindh Bank is offering attractive interest rates.
For 333 days – 7.20%
For 444 days – 7.30%
For 555 days – 7.45%
For 777 days – 7.20%
For 999 days – 6.65%
Senior citizens will be given an additional interest of 0.50% at these rates. The scheme is valid till 31 March 2025.
Banking rules will be changed from April 1, withdrawing money from ATM, minimum balance and interest