Special FDs: The deadline for investing in these two banks' special FDs, which provide 8% interest, is quickly approaching

 Special FDs: The deadline for investing in these two banks' special FDs, which provide 8% interest, is quickly approaching

unique FD Program: This is your final opportunity to invest in Indian Bank and IDBI Bank if you want to take advantage of the banks' unique FD programs and earn substantial profits. Be aware of this.

Deadline for Special Fixed Deposits: If you're interested in investing in Fixed Deposit Scheme, this is a fantastic chance for you. The deadline for investments in the two major public sector banks in the nation's special FD schemes, Indian Bank and IDBI Bank Special FD Scheme, is October 31. You may profit from greater interest rates than the typical duration by investing in these two banks' unique FDs. Tell us about the interest rates for the two banks' FD programs.

IDBI Bank's Unique FD Program

For its clients, IDBI Bank has introduced a unique 375- and 444-day FD program. By investing in this program, you have until October 31, 2023. The 375-day FD for IDBI Bank is known as the Amrit Mahotsav FD Scheme. Senior residents get a 7.60 percent interest rate under this program, whereas regular citizens receive a rate of 7.10 percent. While older folks get 7.65 percent interest under the 444-day FD program and the general public 7.15 percent, respectively.

Special FD Program of Indian Bank

Ind. Super. 400-Day FD.

A unique 400-day FD program has been introduced by Indian Bank. You may invest in this program for 400 days in amounts ranging from Rs 10,000 to Rs 2 crore. The bank is providing a 7.25 percent interest rate to the general public and a 7.75 percent interest rate to senior citizens at this time. In contrast, the bank offers super elderly persons an interest rate of 8.00% on their deposits.

Indian Super 300-Day FD Program

Along with the 400-day special FD program, Indian Bank also introduced a 300-day special FD program. The start date of this program is July 1. Investments under this program might range from Rs 5000 to Rs 2 crore. In this FD, regular customers will benefit from an interest rate of 7.05 percent, senior people will benefit from a rate of 7.55 percent, and super senior citizens would benefit from a rate of 7.80 percent. The deadline for this program is October 31, 2023.