Special Bank FD Schemes: Higher Interest Rates Available Until December 31, 2024

Punjab and Sind Bank alongside IDBI Bank have introduced special fixed deposits with higher interest rates available until December 31, 2024. Individuals seeking high-yield investments can participate before the specified end date.

IDBI Bank's Utsav FDs

IDBI Bank's Utsav FDs special offering concludes on December 31, 2024, for specific tenure periods of 300 days, 375 days, 444 days and 700 days. Regular customers can access interest rates of 7.05%, 7.25%, 7.35%, and 7.20% for 300 days, 375 days, 444 days and 700 days periods respectively. Senior citizens receive enhanced rates of 7.55%, 7.75%, 7.85%, and 7.70% for identical tenure periods.

Punjab & Sind Bank Special FD

Punjab & Sind Bank's special fixed deposit scheme remains valid until December 31, 2024. The bank presents multiple fixed deposit options with varying durations. For senior citizens, the bank grants an additional 0.50% interest on deposits below Rs. 3 crore, applicable to terms of 180 days and above. Super senior citizens, aged 80 years and above, receive an extra 0.15% interest on specific deposit periods for amounts under Rs. 3 crore.