There are 5 tenure options available under the Special FD Scheme. On a tenure of 300 days, the bank is giving 7.05% interest to general citizens, 7.55% to senior citizens and 7.55% to super senior citizens. Let us know what are the rates for the rest?
Special FD Scheme: Before the RBI MPC meeting, private sector KIDBI Bank has given a gift to the customers. The deadline of the Special Utsav FD Scheme has been extended. Earlier it was to close on 31 March 2025. But now customers can avail the scheme till 30 April 2025. Under this scheme, more interest is available in less time than regular FD.
Under the Utsav FD scheme, 4 tenure options are available, interest rates are also different. These include 300 days, 375 days, 444 days, 555 days and 700 days. Customers can choose any option according to their need. 300 days does not apply to NRE deposits. Premature withdrawal is also allowed under the scheme. Customers can invest less than Rs 3 crore in this.
How much interest is being given on FD scheme?
The bank is offering 0.50% extra interest to senior citizens on all tenures. Super senior citizens are getting 0.15% extra interest on the other four FD schemes except 300 days. The bank is giving 7.05% interest to general citizens, 7.55% to senior citizens and 7.55% to super senior citizens on a tenure of 300 days. On a tenure of 375 days, general citizens are getting 7.25% interest, senior citizens are getting 7.55% and super senior citizens are getting 7.90% interest.
The bank is giving 7.35% return to general citizens, 7.85% to senior citizens and 8% return to super senior secondary schools on FDs of 444 days. General citizens are getting 7.40% interest on FDs of 555 days, 7.90% to senior citizens and 8.05% to super senior citizens. The bank is giving 7.20% interest to general citizens, 7.70% to senior citizens and 7.85% interest to super senior citizens on FDs of 700 days.
Interest rate for regular FD as per tenure
7 to 30 days – 3%
31 to 45 days – 3.25%
46 to 60 days – 4.50%
61 to 90 days – 4.75%
91 days to 6 months – 5.50%
6 months 1 day to 270 days – 6%
271 days to less than 1 year – 6.25%
1 year to 2 years – 6.80%
More than 2 years and less than 3 years – 7%
3 years to 5 years – 6.50%
More than 5 years and up to 10 years – 6.25%
More than 10 years – 4.80%
5 years Tax Saver FD – 6.50%
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