Best Fixed Deposit Schemes- Since increasing the repo rate of the Reserve Bank of India, the interest rates of bank fixed have been increased. Now FD interest has become very attractive. Some banks have also run special FD schemes to attract customers. In these, instead of regular FD, more interest is being offered to the customers.
If you have to invest money in some special FDs run by many banks including SBI and HDFC, then you do not have much time left. Many banks are offering Fixed Deposits (FD) on the basis of days instead of months or years. You can invest in these only till March 31, 2023.
According to a report in cnbcTV18 Hindi, State Bank of India (SBI) launched an FD for 400 days on 15 February 2023 under the name ‘Amrit Kalash’. In this, 7.60 percent interest is being given to senior citizens and 7.10 percent to the common people. Investments can be made in this till March 31, 2023.
SBI WeCare FD is a special Fixed Deposit program available only for senior citizens. On March 31, 2023, SBI will close it after several extensions. Investments can be made in this for a minimum of five years and a maximum of 10 years. Senior citizens are being given 7.25 percent interest.
HDFC Bank launched ‘Senior Citizen Care FD’ in 2020 for senior citizens. HDFC Senior Citizen Care is offering an interest rate of 7.75 per cent per annum to senior citizens on FD. This FD is for a period of 5 years and 1 day to 10 years.
On 19 December 2022, Indian Bank launched a special retail FD called ‘Ind Shakti 555 Days’. In this, investment can be made from Rs 5000 to less than 2 crores for 555 days. This scheme is valid till 31.03.2023. The bank is giving 7 percent interest to the general customer and 7.50 percent to the senior citizen.
Money can be deposited in IDBI Bank’s Naman Senior Citizen Deposit from one year to ten years. Investments can also be made in this till March 31, 2023. The bank is paying 7.50 percent interest on FDs of more than 1 year and less than two years. 7.25 percent interest will be available on FD for a period of 3 to 5 years.
