Several banks are offering special fixed deposit (FD) schemes with higher interest rates, set to expire on March 31. Investors seeking attractive returns should consider these options before they discontinue.
1. State Bank of India (SBI)
- Amrit Kalash Deposit: 400-day FD with 7.10% interest for the general public and 7.60% for senior citizens.
2. HDFC Bank
- Senior Citizen Care FD: Offers an extra 0.75% interest premium for senior citizens on tenures of 5 years 1 day to 10 years.
3. IDBI Bank
- Amrit Mahotsav FD: Provides 7.05% interest for regular customers and 7.55% for senior citizens on a 375-day tenure.
4. Indian Bank
- Ind Shakti 555 Days: Offers 7.00% interest for the general public and 7.50% for senior citizens on a 555-day tenure.
Key Considerations
- Limited-Time Offer: These FDs are available only until March 31.
- Higher Returns: They offer better interest rates than regular FDs.
- Senior Citizen Benefits: Enhanced rates for senior citizens provide better earnings.
Investors should act quickly to take advantage of these high-interest FD schemes before they expire.