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Up to 7.50% FD interest rate: Bank of India launches super special fixed deposit scheme

Bank of India introduces Super Special Fixed Deposit with an attractive interest rate of 7.50% p.a. for deposits between ₹2 Crores and below Rs. 50 Crores for a specific maturity period of 175 days. ....

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Bandhan Bank introduces INSPIRE designed exclusively for senior citizens

Bandhan Bank s INSPIRE program provides an annual interest rate of up to 8.35% on fixed deposits, along with an improved banking experience and healthcare benefits. ....

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Over 9% fixed deposit interest rates for senior citizens: Check these 7 small finance banks

A few small finance banks are luring both new and old customers by offering more than 9% interest rate on their fixed deposits, thus, helping them amass considerable returns for the future. ....

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Good news for investors! Senior citizens FD schemes extended till June 30

Highlights
Banks offer an additional interest rate of 0.3%-1% under this scheme.
SBI, HDFC, among other leading banks, are offering special FDs for the elderly.
New Delhi: In pleasant news for senior citizens of the country, the last date for registering for the special bank fixed deposit schemes for people above 60 has been extended to June 30, 2021, from March 31, 2021.
A few banks had introduced special FD schemes for senior citizens in May 2020 offering an investment period of five years or more. All the investments were entitled to an additional interest rate of 0.80% or more under this scheme, instead of the usual 5.5% interest that banks offer. The benefit of this additional rate of interest will be provided to all fresh deposits as well as renewal during the scheme period. ....

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