There is a golden opportunity to invest in special FDs of many banks. You can get more interest by investing in these FDs. Let us know which banks are offering the opportunity to invest in special FD.
Due to Reserve Bank of India (RBI) not cutting the repo rate, most of the banks are paying heavy interest on FD. Many banks have launched special FD schemes. In these, higher interest is being offered on FD of a specific period. However, there is a fixed date for investment in these special FDs.
If you miss the deadline you will not be able to invest. Here we are giving you details of special FDs of big banks like SBI, HDFC Bank and IDBI Bank. You can take advantage of high interest by investing before the deadline.
IDBI Bank: 30th June final deadline
IDBI Bank has extended the validity date of Utsav FD with special period of 300 days, 375 days and 444 days. The bank is offering interest on this special FD ranging from 7.75% to 7.05% for different periods.
SBI Wecare FD: Deadline till 30 September
State Bank of India (SBI) has extended the deadline for investing in WeCare Special FD. Now investors will be able to invest in it till September 30, 2024. This FD offers high interest rates to senior citizens with a maturity period ranging from 5 to 10 years. The interest rate offered on SBI WeCare is 7.50%.
SBI Amrit Kalash: Last Deadline 30th September
SBI’s Amrit Kalash FD is a special fixed deposit scheme for retail customers. It offers higher interest rates to general and senior citizens. The bank extended the Amrit Kalash deadline from March 31, 2024 to September 30, 2024. According to the bank’s website, the interest rate on special FD of “400 days” (Amrit Kalash) is 7.10%.
HDFC Bank Senior Citizen Care FD: Last date 15 April
HDFC Bank offers higher interest rates on its special fixed deposits which are offered only to senior citizens. According to the HDFC Bank website, the last date to invest in HDFC Bank Senior Citizen Care FD is April 15, 2024. The bank gives interest ranging from 7% to 7.75% on this special FD.
PAN Card Update: How to change name, address, date of birth and mobile number in PAN Card? Know here
