IDBI Bank special FDs
Amrit Mahotsav FD 444 days
IDBI Bank offers regular, NRE, and NRO customers an interest rate of 7.15% under the Amrit Mahotsav FD scheme maturing in 444 days. The bank offers senior citizens an interest rate of 7.65% for the same period. Also, premature withdrawal and closure are allowed for these special FDs.For IDBI Bank’s special FD maturing in 375 days, the bank offers an interest rate of 7.10%. Senior citizens can fetch an interest rate of 7.60% for Amrit Mahotsav FDs maturing in 375 days. Do note that premature withdrawal and closure facilities are allowed for these special FDs.
| Maturity Slab | General Customers | Sr. Citizen |
| 0-6 Days | NA | NA |
| 07-30 days | 3 | 3.5 |
| 31-45 days | 3.25 | 3.75 |
| 46- 90 days | 4 | 4.5 |
| 91-6 months | 4.5 | 5 |
| 6 months 1 day to 270 Days | 5.75 | 6.25 |
| 271 days to | 6.25 | 6.75 |
| 1 Year to 2 Years | 6.8 | 7.3 |
| (except 375 Days and 444 Days) | ||
| > 2 Years to 5years | 6.5 | 7.00 |
| > 5 years to 10 years | 6.25 | 6.75 |
| >10 years to 20 years$ | 4.8 | 5.30 |
| Tax Saving FD | ||
| 5 years | 6.5 | 7 |
Punjab & Sindh new FD schemes: PSB Saving Plus and PSB Dhan Lakshmi
PSB Dhan Lakshmi
For general citizens, the bank offers an interest rate of 7.40% per annum. Senior citizens and super senior citizens will earn 7.90% and 8.05% interest rates respectively. The tenure of the deposit will be 444 days. The deposits will be available till November 30, 2023.
SCSS vs senior citizen FDs in SBI, HDFC Bank, ICICI Bank, YES Bank: Which offers higher interest?
PSB Saving Plus interest rate
For general citizens, Punjab & Sindh Bank offers an interest rate of 6.50% for special FDs maturing in 333 days. Senior citizens and super senior citizens will earn 7% and 7.15% interest rates respectively for FDs maturing in 333 days.
| Maturity | Fixed Deposit |
| Less than Rs.2 Cr | |
| 7 – 14 Days | 2.80(#) |
| 15 – 30 Days | 2.8 |
| 31 – 45 Days | 3 |
| 46 – 90 Days | 4.6 |
| 91 – 120 Days | 4.75 |
| 121-150 Days | 4.75 |
| 151 – 179 Days | 4.75 |
| 180 – 269 Days | 5.5 |
| 270 – 332 Days | 5.5 |
| 333 Days | 6.50($) |
| 334 Days – | 5.5 |
| 1 Year | 6.4 |
| >1 Year – 443 Days | 6.2 |
| 444 Days | 7.40($) |
| 445 Days – 554 Days | 6.2 |
| 555 Days | 7.35($) |
| 556 Days – 2 Years | 6.2 |
| Above2Years- | 6.5 |
| 3Years – 5Years | 6 |
| >5 Years – 10 Years* | 6.25 |
Indian Bank special FDs
Ind Super 400 days
For special FDs maturing in 400 days, Indian Bank will now offer a 7.25% interest rate to the general public, a 7.75% interest rate to senior citizens, and an 8.00% interest rate to super senior citizens. This scheme will end on October 31, 2023, according to the website.
Ind Super 300 days
As per the website, “Special Retail Term Deposit Product “IND SUPREME 300 DAYS” has been launched w.e.f 01.07.2023 offering an attractive rate of interest for investment starting from Rs 5000 to less than Rs 2 crore for 300 days in the form of FD/MMD with callable options.”
