FD Interest Rates: These banks are giving up to 8 percent interest on FD, there will be no opportunity to invest after March 31 – 8 percent interest on psb pnb hdfc idbi and ubi fd
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Punjab & Sind Bank
According to the Money Control report, Punjab and Sind Bank is offering its special FD schemes PSB Fabulous 300 Days and PSB Fabulous Plus 601 Days FD schemes. These schemes are ending on 31 March. The bank is giving higher than normal returns on these schemes.
IDBI Bank
Private sector bank IDBI Bank is running a special FD named “IDBI Naman Senior Citizen Fixed Deposit”. In this special FD, senior citizens are getting 0.25 percent more interest on additional 0.50 percent interest. These FDs will mature in 1 year to 10 years. The bank launched this scheme on April 20, 2022. Investments can be made in this till 31 March 2023. You can invest a minimum of ten thousand and a maximum of Rs 2 crore in this FD. The highest 8 percent interest is on FDs maturing in 700 days.
Amrit Kalash Scheme
State Bank of India has launched a unique term plan named “400 Days” (Amrit Kalash) on February 15, 2023. In this, senior citizens are getting 7.60 percent interest and common people are getting 7.10 percent interest. According to State Bank, this special FD is also active till March 31, 2023. Another scheme of SBI is SBI WeCare FD scheme. In this, State Bank is giving 7.5 percent interest to senior citizens for fixed deposits between 5 years and 10 years. The scheme is available on fresh deposits and renewal of matured deposits. There is an opportunity to invest in this scheme of the bank till March 31, 2023 only.
Investment Tips: Sitting at home in old age will earn bumper! Invest in these government schemes, you will get strong returns
HDFC Bank
HDFC Bank is offering a special FD for senior citizens at attractive interest rates. The bank is offering an additional 0.75% interest on Senior Citizen Care FD. HDFC Senior Citizen Care Scheme is offering 7.75 per cent interest per annum on FD. This FD is of five years and one day to 10 years.
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