IDBI Bank, Indian Bank, Punjab and Sind Bank, and State Bank of India (SBI) have extended the validity of their special fixed deposit (FD) schemes till 30 September 2024. Earlier the deadline for these schemes was 30 June 2024, but it was extended for the convenience of the customers. Investors now have about 12 days left to invest in these schemes. Banks have extended the dates of these schemes several times. Let's take a look at the interest rates and benefits of these schemes.

IDBI Bank: Festive FD

IDBI Bank has extended the validity of its special 'Festival FD'. These FDs are available for 300, 375, 444, and 700 days.

On 300 days of FD, ordinary citizens will get a 7.05% interest rate, and senior citizens will get a 7.55% interest rate.

The interest rate for 375 days FD is 7.15% for general citizens and 7.65% for senior citizens.

By investing in this FD, customers can avail higher interest rates and secure their savings.

Indian Bank: Ind Super FD

Indian Bank's 'Ind Super' FD scheme is also a good option for investors. It is available for 300 and 400 days.

The interest rate on 300 days FD is 7.05% for general citizens, 7.55% for senior citizens, and 7.80% for super senior citizens.

FDs of 400 days are being offered at 7.25% interest for ordinary citizens, 7.75% for senior citizens, and 8.00% for super senior citizens. By investing in this scheme, customers can avail higher interest rates, especially senior and super senior citizens.

Punjab and Sind Bank: Special FD

Punjab and Sind Bank's Special FD Scheme has also been extended till September 30, 2024, for investors.

An interest rate of 6.30% is being offered on 222 days FD and a 7.15% interest rate is being offered on 333 days FD.

This scheme is for those who want to make short-term investments and want to avail higher interest rates.

SBI: Amrit Kalash and WeCare Schemes

State Bank of India (SBI) has extended the validity of its two flagship FD schemes 'Amrit Kalash' and 'WeCare' till September 30, 2024.

Amrit Kalash FD Scheme: This is a special scheme of 400 days, in which ordinary citizens are get a % and senior citizens get a 0% interest rate.

SBI WeCare Plan : In this scheme, senior citizens are getting an additional premium of 50 basis points over the current interest rates, which makes it even more attractive for them.