Generally, senior citizens get the benefit of the highest interest rate on fixed deposits from the banks. There are certain banks and NBFC companies that have offered the highest interest rates on FD investment especially to women investors.
Whereas, some have launched special FD investment schemes for women. On the occasion of International Women’s Day, women can earn huge profits by investing in these FD schemes.
Interest Rates on Indian Bank Fixed Deposit
Indian Bank has launched a new retail FD scheme named IND Super 400 Days. The Special Deposit is open for investment from March 6, 2023 for the sake of investors. In this IND Super 400 Days Special Scheme, 0.05 percent higher interest rate has been offered to women investors. According to Indian Bank, senior citizen women investing on this FD scheme can get 7.65 percent interest rate and super senior citizens can get 7.90 percent interest rate.
Interest rates on Punjab and Sind Bank FD
Punjab and Sind Bank has launched a special FD scheme for women called PSB Griha Lakshmi Fixed Deposit Scheme (PSB GRIH LAKSHMI FIXED DEPOSIT SCHEME). Women can invest in this FD through online mode. On this FD scheme, the bank is giving an interest rate of 6.90 percent to women. For senior citizen women investors, the bank has offered an interest rate of 7.40 per cent.
Interest rates on FDs of SBI, HDFC and ICICI Bank
Most banks do not offer higher interest rates separately for women on investment in FDs. SBI offers the highest 7.10% interest rate on Special Amrit Kalash Deposit FD for its regular investors. The last date for investment in this FD scheme of SBI is 31 March 2023. Similarly, HDFC Bank and ICICI Bank offer an interest rate of up to 7.10 per cent on their fixed deposit schemes.
