As the September month comes to an end, there are several deadlines which will impact your personal finance. It’s essential to remember that the cutoff for the special fixed deposit (FD) programs offered by banks such as State Bank of India, IDBI, Indian Bank, Punjab and Sindh Bank is set for September 30, 2024. However, these deadlines can be extended depending on the bank.
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IDBI Bank special FD deadline
The last date to invest in Utsav FDs for special buckets tenures of 300 days, 375 days, 444 days and 700 days is September 30, 2024
To general citizens, the bank offers 7.05% on Utsav FDs maturing in 300 days. Meanwhile, senior citizens get 7.55% on Utsav FDs of 300 days. For Utsav FDs maturing in 375 days, the bank offers an interest rate of 7.15%. Senior citizens can earn 7.65% for Utsav FDs maturing in 375 days. On 444 days tenure, the bank offers 7.35% for general citizens, 7.85% for senior citizens. On 700 days tenure, the bank offers 7.20% for general citizens and 7.70% for senior citizens.
Indian Bank special FD deadline
Indian Bank offers 7.05% interest rates to the general public, 7.55% to seniors, and 7.80% to super senior citizens on Ind Super 300 Days. For 400 days, Indian Bank will now offer 7.25% interest rates to the general public, 7.75% to seniors, and 8.00% to super senior citizens.
The last date to invest in Indian Bank special FD is September 30, 2024.
Punjab and Sindh Special Fd deadline
The special FD duration of 222 days offers a higher interest rate of 6.30%. The bank provides 7.15% on special deposits with a duration of 333 days. On tenure of 444 days, the bank offers 7.25% for general citizens. Punjab and Sindh’s limited-time special deposits deadline is September 30, 2024.
Read More: Senior Citizen Fixed Deposits: Book best FDs before rates get revised post RBI rate cut
SBI Amrit Kalash
SBI customers can invest in Amrit Kalash till September 30, 2024.
According to the bank website, “The specific tenor scheme of “400 days” (Amrit Kalash) at Rate of Interest of 7.10 % w.e.f. 12- April- 2023. Senior Citizens are eligible for rate of interest of 7.60%. The Scheme will be valid till 30-September-2024.”
SBI Wecare
The scheme has been extended to September 30, 2024. The scheme is available on fresh deposits and renewal of maturing deposits. The interest rate offered is 7.50% under the scheme.
According to the SBI website, “Additional premium of 50 bps (over and above existing premium of 50 bps) over card rate for Public i.e., 100 bps over card rate for Public.”
