Several leading banks in India, including the State Bank of India (SBI), IDBI Bank, Indian Bank, HDFC Bank, and Punjab & Sind Bank, are currently rolling out special fixed deposit (FD) schemes with eye-catching interest rates of up to 8.05%, exclusively for super senior citizens. These lucrative options are available until March 31, 2025, presenting a golden opportunity for smart investors to boost their savings.

In the realm of fixed deposits, the traditional options often fall short. However, these limited-period special FDs not only promise higher returns but also cater to the needs of various investors, including general citizens, senior citizens, and super senior citizens, with interest rates that fluctuate based on the tenure and investor category.

Featured Special Fixed Deposit Schemes

SBI Amrit Vrishti

SBI's unique 444-day Amrit Vrishti plan offers an interest rate of 7.25% for the general public, while senior citizens can enjoy a rate of 7.75%. This offer, valid until the end of March 2025, represents a substantial improvement over conventional deposits.

SBI Amrit Kalash

For those looking at shorter tenures, SBI’s Amrit Kalash allows investments for 400 days at an interest rate of 7.10% for the general public and 7.60% for senior citizens, concluding on March 31, 2025.

IDBI Bank - Utsav Callable FD

With variable interest depending on maturity, IDBI Bank's Utsav Callable FD remains open for investment until March 31, 2025. The rates range, comfortably accommodating both regular and senior investors.

Indian Bank - IND Supreme and IND Super

Indian Bank offers impressive returns with the IND Supreme 300 Days and IND Super 400 Days FDs. Super senior citizens can earn 8.05% interest, ensuring that investors can maximize their growth potential before the deadline on March 31, 2025.

- IND Super 400 Days: - Public: 7.30% - Senior Citizens: 7.80% - Super Senior Citizens: 8.05%

- IND Supreme 300 Days: - Public: 7.05% - Senior Citizens: 7.55% - Super Senior Citizens: 7.80%

HDFC Bank Special Fixed Deposit

HDFC Bank's limited-time FD offers 7.35% for regular customers for a tenure of 35 months, while senior citizens can secure 7.85%. This attractive rate helps maximize savings considerably.

Punjab & Sind Bank

This bank's offerings include flexible tenures with competitive rates, such as 7.20% for 333 days, and up to 7.45% for a callable FD of 555 days. This scheme remains valid for general citizens until March 31, 2025, and offers a boost of 0.50% to senior citizens.

Important Reminder for Investors

Time is of the essence! The deadline to take advantage of these exceptional FD rates is March 31, 2025. Interested investors should consider locking in their deposits soon to ensure they benefit from these high returns.

Stay informed and make financially savvy decisions—these special FD schemes could significantly enhance your portfolio!