If you are interested in earning more from your savings, then the time is now! Many banks are currently promoting high FD interest rates for their customers, although most of these promotional schemes are due to end on September 30, 2024. Below are basic guide to these tremendous opportunities.
IDBI Bank Utsav FD rates
IDBI Bank is celebrating with its Utsav FDs – get ready to lock great rates at different tenures. If you decide to take a 300-day FD, the interest rate will be 7.05% if you are a new customer. However, if you are a senior citizen, which means you are over 60 years of age, then you are definitely offered a much better 7.55%. Other possibilities include 375 days, 444 days, and 700 days, with interest rates reaching 7.85% for pensioners. It is the epitome of savings!
FD rates: SBI, Indian Bank, Punjab and Sindh Bank
Indian Bank is also in the game with special FDs with maturity till 30th September 2024. For the 300-day FD, the lender is giving 7.05% to the public at large, but if you are a senior or a super senior citizen, it can give up to 7.80%. For 400 days, it is possible to earn up to 8%.
Special rates are also being offered by Punjab & Sindh Bank. They have terms of 222 days, 333 days, and 444 days, and their interest rates are between 6.30% and 7.25%.
SBI, one of the biggest names in banking, has two special schemes: Services provided by Amrit Kalash and Wecare. Both are valid until September 30, 2024. Amrit Kalash gives 7.10% for 400 days and 7.60% for senior citizens. The Wecare scheme is designed for seniors and the boosters are offering as high as a 7.50% rate on new deposits and renewals.
Thus, if you are determined to make more of your money, do not procrastinate any longer! These special FD offers are only available for a limited time only.
Grab great offers available at IDBI bank, SBI, Indian bank, and more. Special fixed deposit offers with high-interest rates end on September 30, 2024. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today