New fd schemes launched in 2025: In January 2025, major banks like State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB) and IDBI Bank (IDBI Bank) launched fixed deposit schemes. Banks are offering better returns on the recently launched new FD scheme. These FDs are available with more flexibility. This option has been offered by banks to meet the needs of customers with special group. Let’s know about these latest FD schemes and returns on them.
SBI’s new FD scheme for common people and senior citizens
SBI Patrons FD
SBI’s This special FD scheme is for those above super senior citizens i.e. 80 years old. Under the SBI Patrance Term Deposit Scheme, investors above 80 years of age will get 10 basis points on FD than 10 Basis Points i.e. 0.01 percent more interest on FD than senior citizens FDs. This scheme is available to the bank’s current and new term deposit customers.
Under SBI Patrance Term Deposit, senior citizens can invest at least Rs 1000 and a maximum of Rs 3 crore. They can lock their savings for a period of 7 days to 10 years. Under the SBI Patrance Term Deposit, the facility of operating open account in both single or joint is available. All people above 80 years can invest in this FD scheme. The additional interest rate on FD under scheme tax is applicable to investment of less than 3 crores.
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SBI Har Ghar Lakhpati RD Scheme
At the beginning of the month, SBI, the country’s largest government bank, launched SBI Har Ghar Lakhpati RD Scheme with SBI Patrons FD. This is a recurring deposit scheme. This scheme has been designed to help customers save Rs 1 lakh or more over time. SBI is for people of all ages in every household scheme. That is, all people can open the account alone or jointly under this scheme. Children above 10 years who can sign the correct way can open an account alone. Under every house millionaire scheme, the account of children below 10 years of age can be opened with parents or legal guardians.
PNB is giving better returns on special FD
Punjab National Bank also introduced two new FD schemes with special period this month. Which includes the first 303 days FD and the second 506 days FD scheme.
303 day FD
The bank is offering 7 per cent returns annually to its common customers on 303 days FD.
506 day FD
The bank is offering 6.7 per cent returns annually to its common customers at 506 days FD. This option is available from January 1, 2025. In this, customers have been given more convenience. The bank is offering an additional 0.50 per cent returns to investors above 60 years on FDs of the same period.
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Chiranjeevi FD Scheme of IDBI Bank
IDBI Bank has given Chiranjeevi-Super Senior Citizen FD this month (Idbi Chiranjeevi-Super Senior Citizen fd) Launched the scheme. This scheme of private bank is for people above 80 years. The bank is offering better returns to investors on these schemes. Whose details are given below.
555 days: 8.05% Salan Interest Rate
375 days: 7.90% Salan Interest Rate
444 days: 8.00% Salan Interest Rate
700 days: 7.85% Salan Interest Rate
Investors allow these options to flexibility, and fulfill various investment deadlines.
Bank of Baroda liquid FD
This month, Bank of Baroda has launched a unique scheme – Liquid Fix FD. Under this scheme started in the name of Liquid Fixed FD, customers can get a better interest rate on their deposits and break FD without need, as much as needed, also as much as partial withdrawal (Partial withdrawal) Can do This facility is very beneficial for those who need to withdraw money if needed along with safe investment. Liquid FD Interest rates for the scheme are between 4.25% to 7.15% in line with regular FD rates. Additionally, senior citizens get an additional 0.50% on deposit less than Rs 3 crore. This new FD scheme is available with flexible conditions for customers from youth to senior citizens.
