Even today in India, Fixed Deposit (FD) is considered a good investment option. The FD craze continues due to good interest rates and negligible risk of losing money. To attract customers, many banks run special fixed deposits schemes. In these FDs, more interest is given than normal FDs. Let us know about it in detail.
The last date for investing in 3 such special FDs is 31st December. The special FDs whose deadline is nearing include SBI Amrit Kalash FD Scheme, Amrit Mahotsav FD of IDBI Bank and Ind Super FD run by Indian Bank.
One has to invest in SBI Amrit Kalash FD run by State Bank of India for 400 days. Under this scheme, 7.60% annual interest is being given on FD to senior citizens and 7.10% to others. A maximum of Rs 2 crore can be deposited in this. You can invest money in this special FD both online and offline. That means you can invest even by going to the bank branch. At the same time, you can also invest money through netbanking and SBI YONO app.
IDBI Amrit Mahotsav FD
IDBI Bank is running two special FDs named ‘Amrit Mahotsav’. In one FD you can invest money for 375 days and in the other for 444 days. The bank is offering interest at the annual rate of 7.10 percent to general customers on 375 day Amrit Mahotsav Special FD. At the same time, the bank is giving interest at the rate of 7.60 percent to senior citizens. Investments can be made in this FD till December 31, 2023.
IDBI Bank is giving interest at the annual rate of 7.15 percent to general customers, NRI and NRO customers on 444 days Amrit Mahotsav FD. At the same time, the bank is offering 7.65 percent interest to senior citizens. The bank also allows investors to withdraw and close this FD prematurely.
Indian Bank Ind Super FD
Indian Bank is also running two special FD schemes named Ind Super 400 and Ind Supreme 300. On investing in 400 days special FD scheme, interest is being given at the rate of 7.25 percent to general customers, 7.75 percent to senior citizens and 8.00 percent to super senior citizens.
At the same time, Bank Ind is offering 7.05 percent interest to general customers, 7.55 percent to senior citizens and 7.80 percent to super senior citizens on investing in Supreme 300 FD.
SBI issued alert for crores of its customers, do not ignore
