However, with RBI’s rate pause for the third time in a row, it looks quite eminent that banks will not hike the interest rate on these deposits any further. IDBI's Amrit Mahotsav FD" for 375 Days and 444 Days is valid up to September 30, 2023, the lender mentioned on its website.īank fixed deposit (FD) interest rates are at their peak, and experts say that the rates will not go up further. Check here IDBI Special FD schemeĪpart from these three, special FD schemes for senior citizens, IDBI Bank introduced a special fixed deposit scheme for a limited period only. Enjoy HIGHER FD Rates 7.15 on tenure 35 months and 7.20 on tenure 55 months. Presenting, HDFC Bank Special Edition Fixed Deposits. This scheme is valid till October 31, 2023.Īlso Read: These seven banks offer above 9% returns on fixed deposits. Achieve your goals easily as we guarantee you Higher Returns. At present, senior citizens can fetch an interest rate of 7.5 per cent if they invest in ICICI Bank Golden Years FD. ICICI Bank offers an additional interest rate of 10 bps over and above the existing additional senior citizen FD rates of 50 bps, on tenure ranging from 5 years and 1 day to 10 years to elderly people. Best investment options for elderly ICICI Bank Golden Year FD latest interest rates Also Read: From Mutual Funds to bank fixed deposits to PPF.
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