Fixed Deposit Scheme: The common people of the country have many great options available for investment. These include many schemes like mutual funds, PPF, NPS, bank FD. But even today a large section of India considers bank FD (fixed deposit) to be the safest investment. In bank FD, investors have to invest for a fixed period, on which they get fixed and guaranteed returns. Due to fixed and guaranteed returns, common people trust bank FD the most.

Money will more than double on 10-year FD

Usually people invest in FD for 1 or 2 years. But if you invest in FD for a long period, you can get bumper profits. Private sector Axis Bank and HDFC Bank are offering 7 percent interest to general customers on 10-year long term FD scheme. The most special thing about this period is that at this interest rate, you can invest as much money as you want for a period of 10 years, you will get more than double the money on maturity.

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How much money will you get on maturity on making FD in Axis Bank

If you make an FD of Rs 10,00,000 in Axis Bank for 10 years, then you will get Rs 20,01,597 on maturity. Let us tell you that Axis Bank is giving 7.75 percent interest to senior citizens on 10-year term FD scheme. If a senior citizen invests Rs 10 lakh in this term FD scheme, then he will get Rs 21,54,563 on maturity.

How much money will you get on maturity if you make an FD in HDFC Bank

Similarly, if you make an FD of Rs 10,00,000 in HDFC Bank for 10 years, then you will get Rs 20,01,463 on maturity. Let us tell you that HDFC Bank is giving 7.50 percent interest to senior citizens on FD scheme of 10 years duration. If a senior citizen invests Rs 10 lakh in this FD scheme, then he will get Rs 21,02,197 on maturity.

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IDBI Bank Special Fixed Deposit Scheme

IDBI Bank is offering special Fixed Deposit to its lakhs of customers. IDBI Bank is offering special FDs of 300 days, 375 days and 444 days. It is offering 7.75 percent interest on this. This special scheme is available to customers till 30 June 2024.

IDBI Utsav Special 400 days FD Scheme

According to the IDBI Bank website, you can invest in Utsav FD scheme till 30 June 2024. IDBI Bank is paying 7.25% interest on FD of 444 days to regular customers, NRI and NRO customers. The bank also allows investors to withdraw and close this FD prematurely.

Also Read: ITR Filing 2024: Who cannot use ITR-1 to file income tax return?

IDBI Utsav FD Scheme 375 Days

IDBI Bank is giving 7.60% interest to senior citizens investing in 375 days Utsav FD. At the same time, regular customers, NRI and NRO customers are being given 7.10% interest on 375 days FD. The bank also gives the option of premature withdrawal or closure of this FD.

IDBI Utsav 300 Days FD Scheme

IDBI Bank is offering 7.55% interest to senior citizens investing in 300 days Utsav FD. At the same time, regular customers, NRI and NRO customers are being offered 7.05% interest on 300 days FD. This FD also allows premature withdrawal of money.

Indian Bank Special Fixed Deposits

Indian Bank is offering a special FD scheme to its customers. Public sector bank Indian Bank is offering 300 and 400 days FD to its customers. According to the website of Indian Bank, one can invest in FD schemes named Ind Super 400 and Ind Supreme 300 days till 30 June 2024.

Ind Super 400 days FD Scheme

This special FD is a callable FD. Callable FD means that in this you get the option to withdraw money before time. Indian Bank’s Ind Super FD is for 400 days. You can invest from Rs 10,000 to Rs 2 crore in this scheme. Indian Bank is now offering 7.25% interest to the general public and 7.75% to senior citizens and 8.00% interest to super senior citizens.

Ind Super 300 days

According to the website of Indian Bank, the special term deposit product Ind Super 300 days was launched on 1 July 2023. You can invest from Rs 5000 to less than Rs 2 crore on this FD for 300 days. The bank is offering interest ranging from 7.05 percent to 7.80 percent on this. Indian Bank is now offering 7.05% interest rate to the general public and 7.55% to senior citizens and 7.80% to super senior citizens.

Punjab and Sindh Bank Special FD Scheme

Punjab and Sindh Bank is offering special FDs of 222 days, 333 days and 444 days to its customers. These special FDs are offering a maximum interest of 8.05 percent. According to the bank’s website, the bank is offering 7.05 percent interest on FDs of 222 days, 7.10 percent on FDs of 333 days and 7.25 percent on FDs of 444 days. The bank is offering 8.05 percent interest to super senior citizens on FDs of 444 days.

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If you also want to earn high returns in less time, then invest in them in time. Indian Bank, IDBI Bank and Punjab & Sind Bank are offering special FD schemes till June 30. At the same time, you can invest in SBI’s special FD scheme Amrit Kalash till September 30, 2024.

Punjab and Sindh Bank Special FD Scheme

Punjab and Sindh Bank is offering special FDs of 222 days, 333 days and 444 days to its customers. These special FDs are offering a maximum interest of 8.05 percent. According to the bank’s website, the bank is offering 7.05 percent interest on FDs of 222 days, 7.10 percent on FDs of 333 days and 7.25 percent on FDs of 444 days. The bank is offering 8.05 percent interest to super senior citizens on FDs of 444 days.

Indian Bank Special Fixed Deposits

Indian Bank is offering a special FD scheme to its customers. Public sector bank Indian Bank is offering 300 and 400 days FD to its customers. According to the website of Indian Bank, one can invest in FD schemes named Ind Super 400 and Ind Supreme 300 days till 30 June 2024.

Ind Super 400 days FD Scheme

This special FD is a callable FD. Callable FD means that in this you get the option to withdraw money before time. Indian Bank’s Ind Super FD is for 400 days. You can invest from Rs 10,000 to Rs 2 crore in this scheme. Indian Bank is now offering 7.25% interest to the general public and 7.75% to senior citizens and 8.00% interest to super senior citizens.

Ind Super 300 days

According to the website of Indian Bank, the special term deposit product Ind Super 300 days was launched on 1 July 2023. You can invest from Rs 5000 to less than Rs 2 crore on this FD for 300 days. The bank is offering interest ranging from 7.05 percent to 7.80 percent on this. Indian Bank is now offering 7.05% interest rate to the general public and 7.55% to senior citizens and 7.80% to super senior citizens.

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IDBI Bank Special Fixed Deposit Scheme

IDBI Bank is offering special Fixed Deposit to its lakhs of customers. IDBI Bank is offering special FDs of 300 days, 375 days and 444 days. It is offering 7.75 percent interest on this. This special scheme is available to customers till 30 June 2024.

IDBI Utsav Special 400 days FD Scheme

According to the IDBI Bank website, one can invest in the Utsav FD scheme till June 30, 2024. IDBI Bank is paying 7.25% interest on FDs of 444 days to regular customers, NRIs and NRO customers. The bank also allows investors to withdraw and close this FD prematurely.

IDBI Utsav FD Scheme 375 Days

IDBI Bank is giving 7.60% interest to senior citizens investing in 375 days Utsav FD. At the same time, regular customers, NRI and NRO customers are being given 7.10% interest on 375 days FD. The bank also gives the option of premature withdrawal or closure of this FD.

IDBI Utsav 300 Days FD Scheme

IDBI Bank is offering 7.55% interest to senior citizens investing in 300 days Utsav FD. At the same time, regular customers, NRI and NRO customers are being offered 7.05% interest on 300 days FD. This FD also allows premature withdrawal of money.

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Kisan Vikas Patra (KVP) is a deposit scheme of this post office. It is the only government deposit scheme in the country where deposits are doubled. Apart from this, any amount can be deposited in this scheme.

Currently, the money deposited in the post office’s Kisan Vikas Patra (KVP) scheme is doubling in 115 months. 115 months is 9 years 7 months. In this scheme, 7.50 percent interest is being paid on compounding basis.

Minimum limit

Kisan Vikas Patra (KVP) can be started from a minimum of Rs.1000. There is no upper limit. So this plan is considered very good for those who want to double their money.

Beneficial even in financial difficulties

Kisan Vikas Patra (KVP) can be taken in single or joint name. Even if you want to invest more money, buying Kisan Vikas Patra (KVP) with less money is beneficial. Kisan Vikas Patra will help you financially even in times of trouble. If required, a loan can be taken against the bank by pledging the Kisan Vikas Patra (KVP). Thus, this money doubling plan becomes very attractive. Money can also be deposited in the name of children in this scheme.

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PNB tweeted

PNB has given information about this on its official tweet. PNB has written in the tweet that when you get good interest on investment, the savings will automatically increase. PNB has brought a special scheme of 600 days to the customers.

When interest rates are so high then saving will automatically fly!#InterestRates #FixedDeposit #Saving #Expectation pic.twitter.com/cjgYFujUlK

— Punjab National Bank (@pnbindia) November 11, 2022

will get big interest

PNB’s 600-day scheme offers the benefit of interest at the rate of 7.85 per cent. To take advantage of this scheme, you can apply through PNB One app. Apart from this, you can also take advantage of this by visiting the branch of the bank.

What is the specialty of the scheme

• This special scheme from the bank has started from 19 October 2022.
• This scheme is for senior citizens (60-80 years).
• Apart from this, very senior citizens (80 years and above) can also take advantage of this.
• Under this, a lump sum amount of less than two crore rupees can be deposited.

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Yes Bank’s special FD scheme is for investment of less than 2 crores. The tenure of this scheme ranges from 20 months to 22 months. Retail investors will get an annual interest rate of 7.25 percent on investment in this scheme.

On the other hand, senior citizens will get an interest of 7.75 percent on investing under this scheme, which is going to beat the current rate of inflation. Let us tell you that at present, there are very few FD schemes, which are offering inflation-beating returns to their investors.

Meanwhile, the shares of Yes Bank closed at Rs 16.00, down 0.93 per cent on the NSE today i.e. on Wednesday, October 12. The company’s shares have gained about 13.88 percent since the beginning of the year 2022. At the same time, its price has increased by about 20.75 percent in the last one year.

HDFC Bank also increased the interest rate on FD

Private sector lender HDFC Bank has increased interest rates on fixed deposits (FDs) of less than Rs 2 crore. According to the information available on the official website of the bank, the new rates have come into effect from October 11.

The bank has increased the interest rates on fixed deposits (FDs) by up to 0.75 percent. This is the second time in the last two months that the bank has increased the rates of FDs. Now investors making fixed deposits in HDFC Bank for tenures ranging from 7 days to 10 years will get interest between 3 to 6 percent. At the same time, this interest rate for senior citizens will be 3.50% to 6.75%.

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Though tax saving plans are usually included in the 5-year fixed deposit scheme, there are other FD options available during this tenure. Yes Bank has the highest earning FD option, which offers an interest rate of 6.50 per cent per annum for a tenure of five years.

1. State Bank Of India (SBI)

For an investment tenure of 5 years, SBI pays 5.50 per cent per annum in interest to all holders of normal fixed deposits. Senior citizens charge interest at the rate of 6.30 per cent per annum for this period.

2. Axis Bank

Axis Bank, one of the other well-known and reputed banks in India, offers an interest rate of 5.75 per cent per annum for fixed deposits of 5 years. For older citizens, an interest rate of 6.50 per cent per annum is offered over an investment tenure of 5 years.

3. Yes Bank

Yes Bank is offering fixed deposits to the general public with an annual interest rate of 6.50 per cent for five-year terms. Yes Bank will pay the senior citizens at the rate of 7.25 per cent per annum. Investors have a choice between a standard fixed deposit and a tax-free FD of five years. The interest rate is same for both the FDs. Interest will be paid monthly or quarterly.

4. Citibank

Citibank offers fixed deposits with an interest rate of 3.50 per cent per annum for investments made over a period of five years. Citibank will give interest at the rate of 4.00 per cent per annum to older people. The amount invested is subject to the rates of Rs.2 crore. The bank also offers tax saving term deposit plans.

5. HDFC Bank

The rate of return on fixed deposits opened with HDFC Bank for a tenure of five years is 5.70 per cent per annum. The bank offers an interest rate of 6.20 per cent per annum to senior citizens.

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Bank increased FD rates by 5 to 20 basis points

The bank has increased the interest rate twice within only 1 week. On August 19, the bank said that the interest rates of fixed deposits have been increased by a total of 5 to 15 basis points. Along with this, the bank has announced a special fixed deposit of 405 days.

In this FD, a special offer is being given to senior citizens (Senior Citizen Rates). You will get 6.60% rate of interest on FD (PNB Fixed Deposit Rates).

On the other hand, normal people will get 6.10% rate of interest on FD of 405 days. Giving information about the fixed deposit of this particular period, the bank has given information by tweeting from its official Twitter handle.

Check here the latest rate of interest of the bank

If you are planning to do FD in PNB (PNB FD Rates), then we tell you about its latest interest rate. The bank is offering 3% interest on fixed deposits for 7 to 14 days on deposits of less than Rs 2 crore.

Bank 3% on fixed deposits of 15 to 29 days, 3% on FDs of 30 to 45 days, 3.25% on fixed deposits of 46 to 90 days, 4.00% on FDs of 91 to 179 days , 4.50% on fixed deposits of 180 to 270 days, 4.50% on FDs from 271 days to 1 year, 5.50% on fixed deposits of 1 year, 5.50% on fixed deposits from 1 to 404 days Offering interest rate.

At the same time, the bank is offering 6.10% interest rate on fixed deposit of 405 days. At the same time, 5.50% on fixed deposits of 406 days to fixed deposits up to 2 years, 5.60% on FDs from 2 to 3 years, 5.75% on FDs from 3 to 5 years, 5 to 10 Offering 5.65% interest rate on fixed deposits up to one year and 5.75% interest rates on FDs of 1111 days.

Senior Citizen gets extra benefits

PNB is offering 0.50% higher interest rate to senior citizens as compared to normal citizens. This rate is applicable on fixed deposits of every tenor. Along with this, the bank offers 1% higher interest rate to its employees and retired employees.

Along with this, Bank PNB has offered an interest rate of 4.05% to 6.15% on FDs ranging from 91 days to 1111 days on Uttam FDs (PNB Uttam FD Rates) on fixed deposits of less than Rs 2 crore. doing.

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