Special FD Scheme: You will get 8.05% interest on 400 days tenure, avail the benefit till June 30

The 400-day FD scheme is giving strong returns. The interest rate is more than 7%. Senior citizens are also getting extra returns.

Special FD Scheme: RBI may once again cut the repo rate. After which the interest rates of fixed deposits are likely to come down. Meanwhile, the country’s famous public sector bank “Indian Bank” has extended the deadline of its two special FD schemes. Customers can avail the benefits of these schemes till 30 June 2025. This scheme is going to close on 31 March. But the bank has given relief to many investors by extending the last date.

Indian Bank is offering a special scheme called “Ind Super 400 Days”. In this, you can invest from Rs 10,000 to less than Rs 3 crore. Under this scheme, more returns are being received in less time as compared to regular FD. The bank is giving 0.50% extra interest to senior citizens and 0.15% extra interest to super senior citizens.

Who will get how much interest?

Under this scheme, general citizens get 7.30% interest on a tenure of 400 days. The interest rate for senior citizens is 7.80%. The bank is offering 8.05% interest to super senior citizens.

Take advantage of other special FD schemes too

India Bank is currently offering two other special FD schemes. Under Ind Supreme 300 days, it is giving 7.05% interest to the public. It is giving 7.55% return to senior citizens and 7.80% return to super senior citizens. You can also take advantage of this till 20 June.

Ind Green Deposit 555 days is also a special scheme of the bank. In this, you can invest from Rs 1000 to less than Rs 3 crore. Under this scheme, general citizens are getting 6.80% interest, senior citizens 7.30% and super senior citizens 7.55% interest.

Interest rates as per tenure

7 to 14 days – 2.80%
15 to 29 days – 2.8%
30 to 45 days – 3%’
46 to 90 days – 3.25%
91 to 120 days – 3.50%
121 days to 180 days – 3.85%
181 days to less than 9 months – 4.50%
9 months to less than 1 year – 4.75%
300 days – 7.05%
1 year – 6.10%
400 days – 7.30%
555 days – 6.80%
More than one year and less than 2 years – 7.10%
2 years to less than 3 years – 6.70%
3 years to less than 5 years – 6.25%
5 years – 6.25%
More than 5 years – 6.10%

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