Fixed Deposit Scheme : Many banks are offering special FD schemes with short duration and high interest to their customers. However, these special schemes are being offered for a limited period.
If you also want to earn high returns in less time, then invest in them in time. Indian Bank, IDBI Bank and Punjab & Sind Bank are offering special FD schemes till June 30. At the same time, you can invest in SBI’s special FD scheme Amrit Kalash till September 30, 2024.
Punjab and Sindh Bank Special FD Scheme
Punjab and Sindh Bank is offering special FDs of 222 days, 333 days and 444 days to its customers. These special FDs are offering a maximum interest of 8.05 percent. According to the bank’s website, the bank is offering 7.05 percent interest on FDs of 222 days, 7.10 percent on FDs of 333 days and 7.25 percent on FDs of 444 days. The bank is offering 8.05 percent interest to super senior citizens on FDs of 444 days.
Indian Bank Special Fixed Deposits
Indian Bank is offering a special FD scheme to its customers. Public sector bank Indian Bank is offering 300 and 400 days FD to its customers. According to the website of Indian Bank, one can invest in FD schemes named Ind Super 400 and Ind Supreme 300 days till 30 June 2024.
Ind Super 400 days FD Scheme
This special FD is a callable FD. Callable FD means that in this you get the option to withdraw money before time. Indian Bank’s Ind Super FD is for 400 days. You can invest from Rs 10,000 to Rs 2 crore in this scheme. Indian Bank is now offering 7.25% interest to the general public and 7.75% to senior citizens and 8.00% interest to super senior citizens.
Ind Super 300 days
According to the website of Indian Bank, the special term deposit product Ind Super 300 days was launched on 1 July 2023. You can invest from Rs 5000 to less than Rs 2 crore on this FD for 300 days. The bank is offering interest ranging from 7.05 percent to 7.80 percent on this. Indian Bank is now offering 7.05% interest rate to the general public and 7.55% to senior citizens and 7.80% to super senior citizens.
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IDBI Bank Special Fixed Deposit Scheme
IDBI Bank is offering special Fixed Deposit to its lakhs of customers. IDBI Bank is offering special FDs of 300 days, 375 days and 444 days. It is offering 7.75 percent interest on this. This special scheme is available to customers till 30 June 2024.
IDBI Utsav Special 400 days FD Scheme
According to the IDBI Bank website, one can invest in the Utsav FD scheme till June 30, 2024. IDBI Bank is paying 7.25% interest on FDs of 444 days to regular customers, NRIs and NRO customers. The bank also allows investors to withdraw and close this FD prematurely.
IDBI Utsav FD Scheme 375 Days
IDBI Bank is giving 7.60% interest to senior citizens investing in 375 days Utsav FD. At the same time, regular customers, NRI and NRO customers are being given 7.10% interest on 375 days FD. The bank also gives the option of premature withdrawal or closure of this FD.
IDBI Utsav 300 Days FD Scheme
IDBI Bank is offering 7.55% interest to senior citizens investing in 300 days Utsav FD. At the same time, regular customers, NRI and NRO customers are being offered 7.05% interest on 300 days FD. This FD also allows premature withdrawal of money.