Bank Interest Rates: If you are also thinking of investing in fixed deposits then this is a useful news for you. Here we are giving a list of fixed deposits of special period which give higher interest.
Fixed Deposits Interest Rates: When opening a fixed deposit (FD), it is advisable to compare the interest rates offered by different banks. Importantly, after the RBI cut the benchmark repo rate after almost five years, some banks have started cutting their rates. If you are also thinking of investing in fixed deposits, then this is useful news for you. Here we are giving a list of special period fixed deposits which give higher interest.
Four special FDs offered by 3 banks-
1. SBI Amrit Vrishti: This is a 444-day scheme and offers 7.25 per cent interest per annum, while senior citizens get 7.75 per cent interest per annum. The last date to open this scheme is March 31.
2. SBI Amrit Kalash: This is a special FD offered for 400 days, which gives 7.10 percent interest on deposits. The last date to apply for this FD is also March 31.
3. IDBI Bank Utsav Callable FD: IDBI Bank Utsav Callable FD: IDBI Bank also offers several other special term FDs. On 300-day FDs, it offers 7.05 per cent interest to general citizens and 7.55 per cent to senior citizens. On 375-day FDs, the bank offers 7.25 and 7.85 per cent interest to general and senior citizens respectively. On 444-day FDs, the bank is offering 7.35 and 7.85 per cent interest to general and senior citizens respectively. On 555-day FDs, 7.40 per cent interest is offered to general citizens and 7.9 per cent interest is offered to senior citizens. Apart from this, on 700-day FDs, the bank offers 7.20 and 7.70 per cent interest. The last date to start this FD deposit is March 31, 2025.
4. Indian Bank: Indian Bank also offers IND Supreme 300 which is a fixed deposit for 300 days and offers 7.05 per cent to general citizens and an additional 50 basis points to senior citizens. The last date to open this FD is March 31.
