The banks in the country are giving special fixed deposit schemes with interest rates of up to 8.05% for super senior citizens. These FDs are there to give a better return as compared to the normal fixed deposits. This makes it a good option for people to enhance their investment.
Banks like IDBI, Indian Bank, SBI, HDFC Bank, Punjab & Sind Bank have brought special Fixed Deposit schemes with good interest rates. These schemes cater to different categories of investors, including general investors, senior citizens, and super senior citizens, with rates varying depending on the tenure and investor category. To take benefit of these FD rates, one needs to lock their deposits before March 31.
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These are FDs from different banks:
SBI (Amrit Vrishti & Amrit Kalash):
SBI’s Amrit Vrishti offers a special 444-day plan with an interest rate of 7.25% for general citizens and 7.75% for senior citizens. This scheme is available until March 31, 2025. The Amrit Kalash scheme provides a 400-day tenor with an interest rate of 7.10% for general citizens and 7.60% for senior citizens. This offer is valid until March 31, 2025.
Punjab & Sind Bank Special FD
Punjab & Sind Bank offers attractive interest rates for various tenures: 7.20% for 333 days, 7.30% for 444 days, 7.45% for 555 days, 7.20% for 777 days, and 6.65% for 999 days. Senior citizens receive an additional 0.50% interest. The scheme is valid until March 31, 2025.
HDFC Bank (Special FD)
HDFC Bank’s special FD offers a higher interest rate for a 35-month term. Regular investors receive an annual interest rate of 7.35%, while senior citizens earn 7.85%. This scheme is available until March 31, 2025.
IDBI Bank (Utsav Callable FD):
IDBI Bank’s Utsav Callable FD offers varying interest rates based on the maturity period. This scheme is available until March 31, 2025.
Indian Bank Special FDs
Indian Bank’s IND Supreme 300 Days and IND Super 400 Days schemes provide interest rates of up to 8.05% for super senior citizens. The last date to invest is March 31, 2025.
