444 days FD: After the reduction in repo rate, banks have reduced the interest on FD. However, there is still a chance to get higher interest in special FDs of banks. Let’s take a look at the 444 day special FD.
444 days FD: After the cut in repo rate by the Reserve Bank of India (RBI), most banks have reduced interest on FDs. However, many banks are still giving great interest on special FDs. SBI, Indian Bank, Bank of Baroda and Canara Bank are giving an opportunity to invest in 444-day FD. Banks are giving more interest on this special FD than on normal fixed deposits. Let us know that if you are thinking of doing a 444-day FD, then where to do it and which bank is giving the highest interest.
FD scheme named Amrit Vrishti in SBI
SBI is running a 444-day special FD scheme named Amrit Vrishti. On this 444-day special FD, common citizens are being given an interest rate of 6.85% per annum. For senior citizens, the bank is offering an interest rate of 7.35% per annum on Amrit Vrishti and for super senior citizens (80 years and above), the bank is offering an interest rate of 7.45% per annum.
Canara Bank’s 444-day FD
Canara Bank is offering interest at the rate of 7.25% per annum to common citizens on 444-day FD for an amount less than Rs 3 crore. At the same time, senior citizens are being given interest at the rate of 7.75% per annum.
Bank of Baroda’s Square Drive Deposit Scheme
Bank of Baroda is running a 444-day FD named Square Drive Deposit Scheme. This special FD is being given interest at the rate of 7.10% per annum. At the same time, senior citizens are being given interest at the rate of 7.60%, while super senior citizens (80 years and above) are being given interest at the rate of 7.70% per annum.
Indian Bank IND SECURE FD
Indian Bank is running a special FD scheme called IND SECURE with a tenure of 444 days. Under this scheme, general citizens can get an interest rate of 7.15% per annum, while senior citizens can get interest at the rate of 7.65%. Super citizens (aged 80 years and above) can get interest at the rate of 7.90% per annum.
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