Deadline of 6 banks’ special fixed deposit ends on March 31, 2025, ET BFSI
Many banks are providing particular fastened deposit (FD) schemes with enticing rates of interest as much as 8.05% for tremendous senior residents. These limited-period particular FDs supply higher returns than standard fastened deposits, making them a gorgeous selection for buyers wishing to optimize their investments.
Main banks equivalent to SBI, IDBI Bank, Indian Bank, HDFC Bank, and Punjab & Sind Financial institution have launched particular FD tenures with aggressive charges. The schemes cater to basic buyers, senior residents, and tremendous senior residents, with various rates of interest relying on the tenure and class.
Additionally learn: SBI special FD interest rates up to 7.75%: March 31, 2025, is the last date to invest in two special fixed deposits
Because the deadline to avail these particular FD charges is March 31, 2025, buyers ought to take into account locking of their deposits earlier than the month ends. Right here’s an in depth have a look at the particular FD schemes supplied by totally different banks.
SBI Amrit Vrishti
For basic residents, SBI’s Amrit Vrishti, a particular tenor plan of “444 days”, presents a fee of curiosity of seven.25%, whereas for senior residents, the rate of interest supplied below the scheme is 7.75%. The scheme is efficient until March 31, 2025.
SBI Amrit Kalash
The particular tenor scheme of “400 days” presents a fee of curiosity of seven.10% for basic residents, and for senior residents it presents a fee of curiosity of seven.60%. The scheme is legitimate until March 31, 2025.
IDBI Financial institution
Utsav Callable FD is a particular FD scheme with rates of interest that adjust relying on the maturity interval. The final date to spend money on Utsav FD is March 31, 2025.
| Particular Buckets | Normal/NRE/NRO | Senior Residents | Tremendous Senior Residents |
| (January 13, 2025) | |||
| 300 Days | 7.05 | 7.55 | 7.55 |
| 375 Days | 7.25 | 7.75 | 7.9 |
| 444 Days | 7.35 | 7.85 | 8 |
| 555 Days | 7.4 | 7.9 | 8.05 |
| 700 Days | 7.2 | 7.7 | 7.85 |
Indian Financial institution
Indian Financial institution presents particular fastened deposit (FD) schemes of IND Supreme 300 Days and IND Tremendous 400 Days. These schemes supply rates of interest of as much as 8.05% for tremendous senior residents. The final date to spend money on the scheme is March 31, 2025.
Ind Tremendous 400 days
| Class | Charge of Curiosity ( %p.a) | |
| Public | 7.30% | |
| Senior Citizen | 7.80% | |
| Tremendous Senior Citizen | 8.05% | |
Ind Supreme 300 days
| Class | Charge of Curiosity ( %p.a) | |
| Public | 7.05% | |
| Senior Citizen | 7.55% | |
| Tremendous Senior Citizen | 7.80% | |
HDFC Financial institution particular FD
HDFC Financial institution’s particular version Mounted Deposit (FD) providing increased fee of curiosity will finish quickly. For an FD with a tenure of 35 months, common buyers earn an annual rate of interest of seven.35%, whereas senior residents get a barely increased fee of seven.85%. This extra 0.50% profit for senior residents helps them maximize their financial savings and generate higher returns on their deposits.
Additionally learn: FD interest rate up to 7.9%: HDFC Bank’s special edition FD ends on March 31, 2025
Punjab and Sindh Financial institution particular FD
Punjab and Sindh Financial institution’s particular fastened deposit (FD) scheme presents enticing rates of interest for varied tenures. For a tenure of 333 days, the FD rate of interest is 7.20%, whereas for 444 days, the rate of interest is 7.30%. A callable FD with a tenure of 555 days presents an rate of interest of seven.45%. Moreover, the FD fee for a 777-day tenure is 7.20%, and for 999 days, it’s 6.65%. This particular FD scheme will stay legitimate till March 31, 2025 for basic residents. For senior residents, the financial institution presents a 0.50% increased FD rate of interest.
