Bank of Baroda (BoB) has launched two new deposit schemes named ‘Monsoon Dhamaka’ FD Scheme. Under this scheme, 7.15% annual interest will be given on FD for 333 days. Senior citizens will be given interest at the rate of 7.65% per annum. 7.25% annual interest will be given on FD for 399 days. Senior citizens will be given interest at the rate of 7.75% per annum.
Bank of Maharashtra is Also Offering Four Special Schemes
Bank of Maharashtra has launched four special deposit schemes for different periods. In this, one has to invest in FDs of 200 days, 400 days, 666 days and 777 days. The interest rate for 200-day deposit is 6.9%, for 400-day deposit the interest rate is 7.10%, for 666-day deposit the interest rate is 7.15% and for 777-day deposit the interest rate is 7.25%.
SBI Launches ‘Amrit Vrishti’ Deposit Scheme
State Bank of India (SBI) has also launched a new deposit scheme named ‘Amrit Vrishti’. Under this scheme, 7.25% annual interest will be given on FD for 444 days. Senior citizens will be given interest at the rate of 7.75% per annum.
SBI is Also Running Amrit Kalash Scheme
State Bank of India (SBI) is also running a special fixed deposit (FD) scheme Amrit Kalash. Under this scheme, senior citizens are being given 7.60% annual interest on FD and others are being given 7.10% annual interest.
In this fixed deposit scheme, one has to invest for 400 days. In this, you can make a maximum FD of Rs 2 crore. Under the Amrit Kalash scheme, you are paid interest every month, every quarter and every half year. You can decide the payment of FD interest as per your convenience.
Visit the Official page for more details about the scheme- Link
Disclaimer
Information here is for education only. Not investment advice. Consult a financial advisor for decisions."