The big fall in the stock market has taught investors that products offering fixed returns like FDs, PPF, etc., have their importance. One cannot ignore this. If you also want fixed returns without risk, we are telling you about 5 special FD schemes today. The last chance to invest in these schemes is 31 March 2025. This is because there is a strong possibility that after this, banks may close these special schemes due to the expected repo rate cut in the RBI policy to be held in April. After that, paying more interest on these FDs will become unprofitable for the banks. Let’s take a look at the special FD schemes and the interest rates they offer.

SBI Amrit Vrishti

SBI’s Amrit Vrishti is a special FD scheme for general citizens with a tenure of “444 days.” It currently offers an interest rate of 7.25%. For senior citizens, this FD scheme offers an interest rate of 7.75%. This scheme is valid until March 31, 2025.

SBI Amrit Kalash

The SBI Amrit Kalash Special FD Scheme has a tenure of “400 days.” This special FD scheme offers an interest rate of 7.10% for general citizens. For senior citizens, it offers an interest rate of 7.60%. This scheme will be valid until March 31, 2025.

IDBI Bank – Utsav Callable FD

IDBI Bank’s Utsav Callable FD is a special FD scheme with varying interest rates depending on the maturity period. The last date to invest in this scheme is March 31, 2025. For a tenure of 300 days, it offers an interest rate of 7.05% for general citizens, 7.55% for senior citizens, and 7.55% for super senior citizens. For a tenure of 700 days, it offers an interest rate of 7.20% for general citizens, 7.70% for senior citizens, and 7.85% for super senior citizens.

Indian Bank Special FD

Indian Bank offers special fixed deposit (FD) schemes called IND Supreme (300 Days) and IND Super (400 Days). These schemes offer interest rates of up to 8.05% for super senior citizens. The last date to invest in these schemes is March 31, 2025.

Post Office Fixed Deposit (FD) Scheme

The Post Office Time Deposit (POTD) is a safe investment with guaranteed returns. It offers 7.5% interest on a 5-year FD, which also qualifies for tax benefits under Section 80C. For 1-year, 2-year, and 3-year FDs, the interest rates are 6.9%, 7.0%, and 7.1%, respectively. The minimum deposit is Rs 1,000, with no maximum limit. Interest is compounded yearly and paid at maturity. The current interest rates are valid until March 31, 2025, after which they may change.

Disclaimer:

The information provided above is for general knowledge and investment awareness only. Interest rates and terms are subject to change as per government or financial institution policies. Investors are advised to verify details from official sources before making any financial decisions.