Bank FD: For FDs with a 300-day maturity, this government bank is offering interest rates of up to 7.80%

 Bank FD: For FDs with a 300-day maturity, this government bank is offering interest rates of up to 7.80%

The Indian Bank is offering a unique 300-day FD program. Which results in receiving more interest than with typical fixed deposits.

Bank FD: Fixed deposits are regarded as risk-free investing strategies. Investment terms range from seven days to ten years. Additionally, banks provide various interest rates for various loan terms. The public sector Indian Bank is now conducting a unique FD program. which offers FDs with a term of less than a year the highest interest rate, 7.80%. This scheme's benefits may only be used until October 31st. This may prove to be a better alternative for you if you wish to invest in FDs throughout the holiday season.

On the FD Scheme

Ind Supreme 300 Days is the name of this Indian Bank program. This plan was introduced on July 1, 2023, and it will now expire soon. The bank is giving 7.05% interest on this special FD to regular people, 7.55% interest to senior persons, and 7.80% interest to extremely elderly citizens. You may invest anywhere between Rs 5000 and Rs 2 crore in this.

You too may profit from this FD program.

This public sector bank is providing a unique 400-day FD program. Ind Super 400 Days is the name of it. Investments may be made up to October 31. General people get 7.25% interest via this FD program, senior citizens receive 7.75% interest, and extremely senior citizens receive 8% interest. You may invest anywhere between Rs. 10,000 and Rs. 2 crore in this.