444-day special fixed deposits: Here’s a comparison of returns in SBI, Indian Overseas Bank, Federal Bank

444-day special fixed deposits: Here’s a comparison of returns in SBI, Indian Overseas Bank, Federal Bank

Many banks have introduced special fixed deposit (FD) schemes with competitive interest rates in recent years to attract investors. These limited-time schemes provide depositors, particularly senior citizens, with the chance to increase their returns compared to traditional FDs. Special FDs operate like regular term deposits but offer higher interest rates for a specific period. Leading … Read more

Special fixed deposits in July: SBI, Bank of Baroda, Bank of Maharashtra float new schemes; check rates, tenures, validity

Special fixed deposits in July: SBI, Bank of Baroda, Bank of Maharashtra float new schemes; check rates, tenures, validity

Fixed deposits (FDs) are a preferred investment option among Indian investors seeking a reliable and steady return on their savings. Although conventional bank FDs have been the traditional choice, the investment landscape has evolved. Though bank and post office fixed deposits are popular among investors, especially senior citizens, in recent years, small finance banks (SFBs) … Read more