4 Special fixed deposit schemes: Which one is best for you?

Jun 04, 2024 07:19 PM IST

IDBI Bank

IDBI Bank offers a special rate of 7.05% on Utsav fixed deposits (FDs) maturing in 300 days for general citizens and 7.55% for senior citizens. For Utsav FDs maturing in 375 days, it is 7.1% and 7.6% respectively. For Utsav FDs maturing in 444 days, it is 7.2% and 7.7% respectively. The deadline for the scheme is June 30, 2024.

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Indian Bank

Indian Bank’s two special fixed deposits include Ind Supreme 300 Days and Ind Super 400 Days. For the former, general citizens get 7.05% interest, senior citizens get 7.55%, and super senior citizens get 7.80%. For the latter, the rates are 7.25%, 7.75% and 8% respectively.

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Punjab & Sind Bank

Punjab & Sind Bank offers 7.05% interest on FDs maturing in 222 days, 7.10% for 333 days, and 7.25% for 444 days.

SBI

SBI offers its Amrit Kalash FD scheme for a period of 400 days with general citizens getting an interest rate of 7.10% and senior citizens getting 7.60%. This scheme is valid till September 30, 2024. The interest rate for SBI WeCare is 7.50%

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