Special fixed deposit schemes offer higher interest rates on certain type of deposits compared to a regular FD.
SBI Amrit Kalash scheme offers an interest rate of 7.10% p.a for general citizens and 7.60% p.a for senior citizens for a tenure of 400 days.
For a tenure of 444 days, this FD provides interest of 7.25% p.a for the general public and 7.75% p.a for senior citizens.
In December 2024, a 555-day tenure was introduced, offering interest rates of 7.40% p.a. for general citizens and 7.90% p.a. for senior citizens.
The IND Super 400 days scheme offers interest of 7.30% p.a. for general citizens, 7.80% p.a. for senior citizens, and 8.05% p.a. for super senior citizens.
The Punjab & Sind Bank offers special FD schemes with tenure options of 222 days, 333 days, 444 days, 555 days, 777 days, and 999 days.
SBI Patron is designed especially for super senior citizens. The interest rate will be 10 basis points higher than senior citizens FD rates, in the range of 4.0% p.a to 7.50% p.a.