Investing in FDs ensures customers receive a fixed income at a specified future date. If you are also considering making big profits by short-term investing soon, this information is for you. The State Bank of India (SBI), the biggest public sector bank in the country, provides a 400-day special FD scheme with customers receiving a maximum interest rate of 7.60%.
SBI Amrit Kalash
This well-liked program is known as SBI Amrit Kalash. Due to the high demand for this program, the bank has decided to prolong the deadline until March 31, 2025. SBM Bank is providing 8.25% interest on fixed deposits held for over 3 years and 2 days but less than 5 years for regular customers, while offering 8.75% for senior citizen customers. Bandhan Bank provides 8 percent interest to regular customers and 8.50 percent to senior citizens on FDs with a maturity period of 600 days. However, DCB Bank is providing an 8% interest rate on fixed deposits for a maximum of 36 months for regular customers and 8.50% for senior citizens.
Deutsche Bank is providing a 7.75%
Deutsche Bank is providing a 7.75 percent interest rate on fixed deposits that mature in 2 years and 3 years for both regular customers and senior citizens. In contrast, Yes Bank is providing a 7.75% interest rate for regular customers and 8.25% for senior citizens on fixed deposits maturing between 18 months and less than 36 months. RBL Bank is providing an interest rate of 7.50 percent for regular customers and 8 percent for senior citizens on fixed deposits that mature in 24 to less than 36 months. Additionally, IDFC First Bank is offering a 7.50% interest rate on fixed deposits for general customers ranging from 1 year to 550 days.
IndusInd Bank is providing a 7.50% interest rate for regular customers and 8% for senior citizens on FDs that mature between 2 years, 9 months, and 3 years, 3 months. HSBC Bank provides a 7.50 percent interest rate for regular customers and 8 percent for senior citizens on fixed deposits with a maturity period of 732 days to under 36 months. Karur Vysya Bank provides a 7.50 percent interest rate for regular customers and 8 percent for senior citizens on a 444-day fixed deposit.