Independence Day Fixed Deposit Scheme: India’s independence has completed 75 years. At this important stage, the country is celebrating the Amrit Mahotsav of Independence. Many banks have come up with special term deposit schemes on this occasion. From SBI to Bank of Baroda and private sector Axis Bank has launched a special FD scheme.
SBI Utsav Deposit Scheme
State Bank of India, the largest public sector bank, has launched a special term deposit scheme on this occasion, which is named Utsav Fixed Deposit Scheme (SBI Utsav Fixed Deposit Scheme). This fixed deposit scheme is open for a short period of time, on which the depositors get higher returns. SBI has given information about this deposit scheme by tweeting. In which it has been said that SBI has come up with the Utsav Deposit Scheme, in which the investment will get more interest. In SBI’s Utsav Deposit Scheme, investors will get 6.10 percent interest on FD of 1000 days. On the other hand, senior citizens will get 0.50 percent more interest. SBI Utsav Deposit Scheme will be open for the next 75 days from August 15, 2022.
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Introducing ‘Utsav’ Deposit with higher interest rates on your Fixed Deposits!#SBI #UtsavDeposit #FixedDeposits #AmritMahotsav pic.twitter.com/seMdVaOz0e— State Bank of India (@TheOfficialSBI) August 14, 2022
Bank of Baroda’s Tiranga Deposits
Bank of Baroda has launched the Baroda Tiranga Deposits scheme to celebrate the elixir of independence. Through this scheme, customers will be given more returns than the interest rates of normal FD. The bank has launched this special scheme on 15 August 2022. The special feature of this scheme is that under this scheme, you can get an FD of up to 2 crores between 16 August 2022 to 31 December 2022. Bank of Baroda is offering 5.75% interest on FDs of 444 days under the Tiranga Deposits Scheme. You will get 6.00% interest on FD of 555 days. Senior citizens get 0.50% more interest. Senior citizens are getting interest of 6.25% on FD scheme of 444 days and 6.50% on FD of 555 days.
Banaye rakhein Independence day ka josh with Baroda Tiranga Deposits. Open bob World ki duniya and start an FD with some shaandaar interest rates! #BankofBaroda #AzadiKaAmritMahotsav @AmritMahotsav pic.twitter.com/6sGSh0KdQU
— Bank of Baroda (@bankofbaroda) August 17, 2022
Axis Bank Special FD Scheme
Axis Bank has also come up with a special FD scheme on this auspicious occasion. In this scheme of Axis Bank, FD of 75 weeks i.e. one year, five months and 7 days will get 6.05 percent interest. On the other hand, senior citizens will get 6.80 percent interest on FD for 75 weeks. This offer is open from August 11 to August 25.
A special rate for a special occasion! On our 75th Independence Day, inviting the senior citizens to open an FD for 75 weeks at 6.80% with us. Visit https://t.co/C2WLFB2yAh to get started! #AxisBank #FixedDeposit #AzadiKaAmritMahotsav pic.twitter.com/9ZEdAIxouj
— Axis Bank (@AxisBank) August 12, 2022
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