These 2 banks extended the last date of special FD, getting returns up to 8%, know complete details

New Delhi: To attract their investors, banks from time to time launch special fixed deposit schemes, on which banks give higher than normal returns to their investors. But these special FD schemes are for a limited period only. Meanwhile, Indian Bank and IDBI Bank have extended the last date of their special FD to September 30.

IDBI Bank extended the deadline

IDBI Bank has extended the last date of Utsav FD maturing in 300 days, 375 days, 444 days and 700 days to December 31, 2024, giving investors a great opportunity to get good returns with safe investment. Let us tell you that common people are getting 7.05 percent interest on IDBI Bank's Utsav FD maturing in 300 days, while senior citizens are being offered 7.55 percent return for the same period.

Apart from this, the bank has increased the interest rate on Utsav FD maturing in 375 days by 10 bps from 7.15% to 7.25%. After which senior citizens will get 7.75% interest. At the same time, general citizens are getting 7.35% interest on FD maturing in 444 days, while senior citizens will get 7.85% return. Apart from this, the bank is giving interest rate of 7.20% to general citizens and 7.70% to senior citizens on a period of 700 days.

This is the last date of Indian Bank Special FD

Indian Bank has extended the last date of its special FD from 30 September 2024 to 30 November 2024. The bank is giving a return of 7.05% to its general customers, while it is giving 7.55% interest to senior citizens. At the same time, for super senior i.e. investors above 70 years of age, Ind Super will give 7.80% interest rate on 300 days.

Talking about 400 day special FD, the bank is offering 7.25% return to general citizens, while 7.75% interest rate is being offered to senior citizen customers and 8.00% interest rate is being offered to super senior citizen customers. According to the bank's website, “The special retail fixed deposit product “IND SUPER 400 DAYS” offers high returns on investments ranging from Rs 10000 to less than *3 crore in the form of FD/MMD for 400 days.”