Banks periodically announce special fixed deposits for customers, with the help of which they are given the benefit of better interest rates. FD Schemes are considered a better option for safe investment where there is no possibility of any kind of loss. The deadline for SBI's 400-day special FD was till September 30, which has now been extended.
Deadline of 30 September extended to 31 March 2025
If you want to invest in this scheme then you do not need to panic because its deadline has been extended. Earlier its date line was fixed by the bank as 30 September, which has now been extended to 31 March 2025. That means customers can invest in this scheme till 31 March 2025.
How much interest rate are you getting?
Interest rates up to 7.10 percent are being given to customers on tenure of 400 days. On this tenure, senior citizens are being given 0.50 percent more interest rate i.e. up to 7.60%. This is a very popular FD scheme in which more and more people want to invest, hence its deadline is extended from time to time.
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