If you want to take advantage of better interest rates on Fixed Deposit, then Indian Bank’s 400 days FD scheme can be very useful for you. Up to 8% interest is being offered in this scheme of Indian Bank.
Special FD: If you want to take advantage of better interest rates on Fixed Deposit, then Indian Bank’s 400 days FD scheme can be very useful for you. In this scheme of Indian Bank, interest up to 8% is being offered. The good thing is that your money will not be locked for a very long time and you will also get a good interest on it. If you also want to take advantage of this scheme, then invest in it quickly because you have only 5 days left to invest. The last date for investment is 30 June.
The scheme is running in the name of IND SUPER 400 DAYS
This FD running in the name of IND SUPER 400 DAYS is available with callable option. Callable FD means that you are also given the facility of premature withdrawal in it. Investments ranging from Rs 10,000 to Rs 3 crore can be made in this 400-day FD. Different interest rates are being offered to general citizens, senior citizens and super senior citizens.
General citizens will be given interest at the rate of 7.25 percent on this FD. Senior citizens will get 7.75 percent interest on this FD and super senior citizens will get 8 percent interest. In this way, this FD can be a profitable deal for senior citizens and super senior citizens.
There is also a scheme for 300 days
Apart from this, Indian Bank also has an FD of 300 days, which means that you have to invest money in this scheme for less than a year. In this scheme too, you are being offered a good interest. The bank is offering a maximum interest of 7.80 percent on the special term deposit scheme running in the name of IND SUPREME 300 DAYS. This scheme is also available with callable option.
Investments can be made in this scheme from Rs 5000 to Rs 3 crore. Ordinary citizens are offered an interest rate of 7.05%. Senior citizens are being given 7.55% interest and super senior citizens are being given 7.80% interest. Please note that people aged 80 years or above are counted as super senior citizens. The last date for investment in IND SUPREME 300 DAYS is also 30 June.
