business news: SBI, which is counted among the big banks of India, is giving people a chance to earn a huge income. People are earning a good income by doing FD in SBI, which will not cause any kind of problem. If you want to earn a huge income by doing FD in SBI, then do not waste time at all.
We are going to tell you about a great offer, which will not cause any kind of problem. Do you know that only 10 days are left to do FD in SBI. This special FD of 3 government banks including SBI will be closed on 30 September. These government banks had launched this special FD to attract customers. SBI, IDBI and Indian Bank are getting the benefit of interest offer ranging from 7.05 percent to 7.35 percent on special FDs.
Will the interest on FD decrease?
It is being speculated that the US central bank Federal Reserve may reduce interest rates for the first time in 4.5 years after inflation and other figures come under control. After this, RBI can also decide to reduce the repo rate in India. In such a situation, it is expected that banks will also reduce the interest rate on FD in future. Obviously, you can also get less interest on FD in future. In such a situation, it would be better to take advantage of this special FD.
How much interest is SBI giving on FD?
SBI also launched a special FD named Amrit Kalash. This FD of 400 days is getting 7.10 percent interest, while senior citizens are given 7.60 percent interest. The validity of this FD is also ending on 30 September. Indian Bank is also offering 7.05 percent interest to general citizens, 7.55 percent to senior citizens and 7.80 percent interest to super senior citizens on its 300-day super FD. The interest rate on 400 days FD starts from 7.25% and goes up to 8%
Great benefits are available on IDBI FD
IDBI Bank’s Utsav FD scheme has been launched for 300, 375, 444, and 700 days. Under this scheme, senior citizens get interest ranging from 7.55 to 7.85%, while other general investors are given interest ranging from 7.05% to 7.35%. This interest is decided on the basis of the tenure of the FD.