Special Fixed Deposit Options by Banks in 2024
As a cryptocurrency enthusiast, you may be interested in exploring opportunities for secure investments in traditional financial institutions such as banks. This year, several banks are offering special fixed deposit (FD) programs with increased interest rates for a limited period. It’s important to take note of the deadlines for these special FD schemes, which are set for September 30, 2024. Let’s take a closer look at some of the offerings by prominent banks:
IDBI Bank Special FD Deadline
The deadline to avail of the special FD schemes offered by IDBI Bank is September 30, 2024. Investors can choose from various bucket tenures, including 300 days, 375 days, 444 days, and 700 days. Here are the interest rates provided by IDBI Bank for these schemes:
- For Utsav FDs maturing in 300 days, the bank offers 7.05% interest to the general public and 7.55% to senior citizens.
- For Utsav FDs maturing in 375 days, the interest rates are 7.15% for the general public and 7.65% for senior citizens.
- On a tenure of 444 days, the bank offers 7.35% interest to the general public and 7.85% to senior citizens.
- For a tenure of 700 days, the interest rates are 7.20% for the general public and 7.70% for senior citizens.
Indian Bank Special FD Deadline
Indian Bank is also offering special FD schemes with attractive interest rates for investors until September 30, 2024. Here are the details of the interest rates offered by Indian Bank:
- For Ind Super 300 Days, the bank offers 7.05% interest to the general public, 7.55% to seniors, and 7.80% to super senior citizens.
- On a tenure of 400 days, Indian Bank provides interest rates of 7.25% to the general public, 7.75% to seniors, and 8.00% to super senior citizens.
Punjab and Sindh Bank Special FD Deadline
Punjab and Sindh Bank is offering special FD schemes with higher interest rates for a limited period. The bank provides the following interest rates for different durations:
- 222 days: 6.30%
- 333 days: 7.15%
- 444 days: 7.25%
The deadline to invest in these special FD schemes by Punjab and Sindh Bank is September 30, 2024.
SBI Amrit Kalash Scheme
If you are a customer of State Bank of India (SBI), you can consider investing in the Amrit Kalash scheme before the deadline of September 30, 2024. The bank offers an interest rate of 7.10% for a tenure of 400 days, with a senior citizen rate of 7.60%.
SBI Wecare Extension
SBI has extended its Wecare scheme until September 30, 2024, providing an interest rate of 7.50% on fresh deposits and the renewal of maturing deposits. The scheme also offers an additional premium for customers.
Hot Take: Explore Lucrative Fixed Deposit Options in 2024
As a crypto enthusiast, you might be looking for secure investment opportunities in traditional financial instruments. Banks are currently offering special fixed deposit schemes with attractive interest rates for a limited period. By investing in these schemes, you can diversify your portfolio and earn competitive returns. Consider exploring the fixed deposit options provided by banks before the September 30, 2024 deadline to make the most of these lucrative opportunities.
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