Sunday, April 28, 2024
HomePersonal FinanceInspire Fixed Deposit: 500 days investment and benefits only benefits... This new...

Inspire Fixed Deposit: 500 days investment and benefits only benefits… This new FD scheme is amazing

Bandhan Bank Inspire FD: Under the Inspire FD scheme, a fixed deposit of 500 days will have to be made. In this, not only you will get a strong interest of 8.35 percent, but health benefits are also being given.

The year 2023 is about to end and with its departure, private sector Bandhan Bank has given a wonderful gift to its customers. The bank has started a new fixed deposit scheme, which has been named INSPIRE. On Tuesday, the bank has started this new FD Scheme, which has been started especially keeping in mind the senior citizens. In this the bank is offering an excellent interest rate of 8.35 percent.

Money will have to be invested for 500 days

Under the Inspire FD scheme of Bandhan Bank, a fixed deposit of 500 days will have to be made. Not only will you get a whopping interest of 8.35 percent, this scheme will also provide an upgraded banking experience along with health benefits. Along with this, Bandhan Bank will also provide benefits like door step service to the investors investing in Inspire Scheme.

Safe investment and strong returns

In a report, Sujoy Roy, Branch Banking Head of Bandhan Bank has been quoted as saying that we recognize the importance and need of financial independence at every age. That is why we have come up with this offering equipped with safe and excellent facilities for senior citizens. It is worth noting that in the last few months, all the banks of the country have increased the interest rates on FD and at the same time, FD schemes are becoming very popular in terms of safe investment.

These banks are also giving interest up to 9%

Apart from Bandhan Bank, there are many such banks which are offering interest up to 9 percent on FD. Unity Small Finance Bank is at number one in this list, in which 9 percent interest is being given on FD of 1001 days. Apart from this, customers are being given 8.60 percent interest in Suryoday Small Finance Bank, 8.61 percent interest in Fincare Small Finance Bank and 8.50 percent interest in ESAF Small Finance Bank.

The service started during the British rule

Bank fixed deposit or FD is considered the best option for safe investment. This is considered a safe place for investment and the risk of losing your investment here is negligible. Along with this, guaranteed returns are also available. This is the reason why FD Schemes are becoming very popular not only among senior citizens but also among common investors.

However, if we talk about the history of this service, the history of FD in India is related to the British. The FD scheme was started in India by the British in the early 1900s to encourage savings in India.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments