Top News

Bank of India: The Bank of India has launched the Star Dhan Vriddhi Scheme. Under this scheme, one is getting the benefit of a good interest rate on fixed deposits.

Bank of India Launches New FD Scheme: If you would like to invest in a fixed deposit scheme then there is good news for you. The public sector Bank of India has launched a new FD scheme. By investing in this scheme, you can get the benefit of a higher interest rate. The name of this scheme is the Star Dhan Vriddhi Scheme. Under this scheme, both general customers and senior citizens are getting the benefit of higher interest rates than normal. Under this scheme, customers can deposit up to Rs 3 crore in the bank.

Know what is Star Dhan Vriddhi Scheme

Under the Star Dhan Vriddhi Scheme of the Bank of India, customers are getting the benefit of a high interest rate in a short period. Under this scheme, you can deposit money for 333 days. General customers are getting the benefit of a 7.25 per cent interest rate on this 333-day scheme. At the same time, senior citizens are getting the benefit of a 0.50 per cent higher interest rate. In this way, they will get the benefit of 7.75 per cent interest on deposits. Super senior citizens will get the benefit of 7.90 per cent interest. Along with this, the bank has also revised its FD interest rates. The new rates have come into effect from September 1, 2024.

Bank of India is offering this interest rate

The bank is offering a 3 per cent interest rate to general customers on FD schemes ranging from 7 to 45 days. At the same time, a 4.5 per cent interest rate is being offered on FD schemes of 46 to 179 days. 6% interest rate is available on FD schemes from 180 days to 1 year (except 333 days), 7.25% interest rate on FDs of 333 days, 6.80% interest rate on FD schemes from 1 year to 2 years, 6.75% interest rate on FD schemes from 2 to 3 years, 6.5% interest rate on FD schemes from 3 to 5 years and 6% interest rate on FD schemes of more than 5 years. At the same time, the bank is offering a 0.50% additional interest rate to senior citizen customers.

You can also invest in these special FD schemes

State Bank of India has come up with the Amrit Kalash Scheme. Under this scheme, you can invest in a 400-day FD scheme. Under this scheme, general citizens are getting the benefit of 7.10 per cent and senior citizens are getting a 7.60 per cent interest rate. The deadline for this scheme is ending on 30 September.

Indian Bank’s special FD scheme i.e. Ind Super 300 Days is offering a 7.05 per cent interest rate to general customers, 7.55 per cent to senior citizens and 7.80 per cent interest rate to super senior citizens.

Punjab and Sindh Bank have also come up with special FD schemes of 222 days, 333 days and 444 days. The bank is offering a 6.30 per cent interest rate on a 222-day FD scheme, 7.15 per cent on a 333-day FD scheme and 7.25 per cent on a 444-day FD scheme.