Bank FD: 450 days FD will make you rich, this government bank has announced bumper interest..
Bank of India has launched a new special FD scheme called "Star Vaibhav Fixed Deposit" for its investors in an environment of cutting interest rates. This scheme provides investors with higher interest returns than regular FDs so that they can get better benefits in the current market scenario. This is an attractive investment opportunity for the bank for its customers.
Let us tell you that in this new scheme of the Bank of India, investors have been given both callable and non-callable options so that they can choose the desired option according to their needs and convenience. By the way, after the recent reduction in repo rate, while other banks are reducing interest rates, this scheme of the Bank of India can prove to be a profitable deal.
Star Vaibhav Special FD Scheme-
By the way, Bank of India's New Star Vaibhav Special FD Scheme can be considered a great opportunity for those investors who want strong returns in a limited time. Let us tell you that in this scheme, the general public will get a very attractive interest of 7 percent, senior citizens 7.50 percent, and super senior citizens 7.65 percent for 450 days.
You can invest less than Rs 3 crore in this scheme of the bank. The special thing is that by taking non-callable FD in this, common citizens can get 7.15% interest and super senior citizens can get up to 7.80% interest, just you will not get the option of withdrawal before maturity.
What will be the return in regular FD?
The bank has implemented new FD rates from June 1, 2025. So now the bank is going to give 3 percent to 7 percent interest to the customers on the tenure of 7 days to 10 years, only in this senior citizens (senior citizen fd rates) are getting about 0.50% extra return. Let us understand how much interest rate you will get according to the tenure-
-7 to 14 days - up to 3%
-15 to 30 days - up to 3%
-31 to 45 days - up to 3%
-46 to 90 days - up to 4.50%
-91 to 179 days - up to 4.25%
-180 to 210 days - up to 5.75%
-211 to 269 days - up to 5.75%
-270 to less than one year - up to 5.75%
-One year - up to 6.75%
-1 more and less than 2 years - up to 6.70%
-450 days - up to 7%
-2 to less than 3 years - up to 6.65%
-3 to less than 5 years - 6.50% Upto
-5 to less than 8 years- Upto 6%
-8 to 10 years- Upto 6%
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