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Fixed Deposit: The country’s largest bank took a big decision on Fixed Deposit, will get the best interest rate.

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Fixed Deposit
Fixed Deposit: The country's largest bank took a big decision on Fixed Deposit, will get the best interest rate.

FD Rates: SBI and IDBI Bank had given some special FD offers to their customers. Now the deadline for these offers has been extended. Due to which customers have the opportunity to take advantage of them.

To attract customers, banks provide various types of offers on their products under which customers get special benefits during a specific period. Even in the case of FD, banks keep giving such offers where investors get additional interest or some other benefits. Banks also increase these offers when they get better response. SBI and IDBI Bank had given some similar offers. Which were to end at the end of March, however now their deadline has been extended. Read what is this offer

SBI Special FD Offer

State Bank of India has extended the deadline for its special FD offer SBI We Care Special FD to 30 September. Through this special FD, the bank is giving 7.5 percent interest to senior citizens on FD for a period of 5 to 10 years. The offer is applicable on both new deposits and FD renewals.

Apart from this, the bank has also extended the deadline for SBI Amrit Kalash offer to 30th September. According to the bank, this offer is applicable on FD of 400 days. Under this offer, interest of 7.1 percent is being offered to the common people. At the same time, 7.6 percent interest is being offered to senior citizens.

IDBI Bank

IDBI Bank has extended the deadline for its special FD offer Utsav FD from March 31, 2024. The bank has announced that the deadline for FD deposit has been extended to June 30, 2024. FD offers are for deposits of 300 days, 375 days and 444 days.

Under the 300 day Utsav FD offer, the bank is offering 7.05 percent interest rate to general customers. Under this offer, senior citizens will get 7.55 percent interest.

At the same time, under 375 days Utsav FD, it is offering 7.1 percent interest to general customers. Whereas senior citizens are getting 7.6 percent interest.

For 444 days FD, general customers are getting 7.25 percent interest. Whereas senior citizens are getting interest of 7.75 percent.

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