2024-07-28 12:52:09
New Delhi: People’s trust in Fixed Deposit (FD) is increasing. Now investors have started getting more interest in FD than before. This is the reason why the number of people investing in it is quite good. Many banks keep launching new FD schemes from time to time. The interest rate in these schemes is very good, due to which investors get good returns. One such new scheme has been started by State Bank of India (SBI). In this scheme, investors are being given attractive interest. The name of this new FD of SBI is Amrit Vrishti. This scheme is for 444 days. In this, an interest rate of up to 7.25% per annum is being given to general citizens on investment. At the same time, senior citizens are being given higher interest rates for the same period. This annual interest rate for senior citizens is 7.75%. Investors will be able to invest in this scheme till March 31, 2025.
This government scheme is amazing for women, depositing Rs 200000 will give great benefit
Other banks are giving this much interest rate on FD
Other banks are also offering attractive interest rates on FDs. Our partner Economic Times has compared the interest rates of SBI Amrit Vrishti FD for the same period with some other banks. These FD interest rates are for amounts less than Rs 3 crore.
1. Punjab National Bank
Punjab National Bank (PNB) is offering maximum interest rate of 7.30% p.a. for general citizens and 7.80% p.a. for senior citizens for a tenure of 400 days.
2. Canara Bank
Canara Bank is offering maximum interest rate of 7.25% for general citizens and 7.75% for senior citizens for a tenure of 444 days.
3. Union Bank of India
Union Bank of India is offering maximum interest rate of 7.25% for general citizens and 7.75% for senior citizens for a tenure of 399 days.
4. Bank of Baroda
Bank of Baroda is offering maximum interest rate of 7.25% for general citizens and 7.75% for senior citizens on 399 days (BOB Monsoon Dhamaka Deposit Scheme).
5. Punjab & Sind Bank
Punjab & Sind Bank is offering maximum interest rate of 7.25% for general citizens and 7.75% for senior citizens for a tenure of 444 days.
6. Karur Vysya Bank
Karur Vysya Bank is offering maximum interest rate of 7.50% for general citizens and 8% for senior citizens for a tenure of 444 days.