Star Dhan Vriddhi Fixed Deposit Scheme: If you are looking for a fixed deposit scheme for a risk-free investment then Bank of India’s newly launched FD scheme can be an option for you. The public sector bank has launched a new FD scheme named ‘Star Dhan Vriddhi Scheme’. The scheme provides a lucrative interest rate for both general customers and senior citizens. Under this scheme, customers can deposit up to Rs 3 crore.
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Bank of India’s Star Dhan Vriddhi Scheme
– Under the Star Dhan Vriddhi Scheme of the Bank of India, customers can deposit money for 333 days.
Interest rate- General customers are getting the benefit of a 7a .25 percent interest rate on this 3333-day scheme. At the same time, senior citizens are getting the benefit of a 0.50 percent higher interest rate- 7.75 percent. Super senior citizens will get 7.90 percent interest.
Bank of India has also revised its FD interest rates and the new rates have come into effect from September 1, 2024.
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The interest rate of FDs- bank of India
– The bank is offering a 3 percent interest rate to general customers on FD schemes ranging from 7 to 45 days.
– 4A .5 percent interest rate is being offered on FD schemes of 46 to 179 days.
– A 6A percent interest rate is being offered on FD schemes from 180 days to 1 year (except 333 days).
– 7.25 percent interest rate on FD of 333 days, 6.80 percent on FD schemes from 1 year to 2 years, and 6.75 percent on FD schemes of 2 to 3 years.
– 6.5 percent interest on FDs of 3 to 5 years and 6 percent interest rate is being offered on FD schemes above 5 years.
Note- The Bank offers a 0a .50 percent additional interest rate to senior citizen customers for the above tenure.
Other special FD scheme
Amrit Kalash Scheme. Under this State Bank Of India’s special fFDscheme general citizens have an interest rate of 7.10 percent and senior citizens have a 7.60 percent interest rate on their deposits. The tenure of the deposit is 400 days and the deadline for the scheme is sSeptember30.
Indian Bank’s special FD scheme- Ind Super 300 Days is a special FD scheme that offers a 7.05 percent interest rate to general customers, and 7.55 percent to senior citizens. Super senior citizens are getting a 7.80 percent interest rate.
