Special FD Offers - Business Outrank

The banking sector demonstrates a new direction through Bank of India and State Bank of India (SBI) withdrawing their FD scheme announcements regarding interest rates and liquidity management. Bank of India terminated its special 400-day fixed deposit plan which provided maximum returns of 7.30%. The new FD interest rate structure at Bank of India starts on April 15, 2025, as the institution implements its complete FD rate revision. SBI ended its Amrit Kalash fixed deposit scheme but did not provide exact interest rate information. The elimination of these high-interest deposit options represents banking institutions changing their strategies because of RBI's accommodative policy and liquidity control measures. Punjab National Bank together with Shivalik Small Finance Bank and Kotak Mahindra Bank and Canara Bank have implemented changes to their fixed deposit interest rates. Shivalik Bank lowered its peak interest rates to 8.30% for regular customers and 8.80% for seniors while PNB now provides up to 7.10% interest for a 390-day deposit period. The rate adjustments combined with FD scheme withdrawals at multiple banks will reduce the number of available high-yield options for customers. The market trends push financial institutions to adjust their product offerings based on economic indicators.

What's Hot

Ghost Paradise – A Heart-touching Cinematic Experience

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: Special FD Offers

Withdraw FD Scheme: Bank of India and SBI End Special Deposit Offers Amid Market Shift

Ghost Paradise – A Heart-touching Cinematic Experience

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

Our Picks

Ghost Paradise – A Heart-touching Cinematic Experience

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

Most Popular

How to optimise instagram account to increase more followers

Maruti Suzuki Company expanded the SUV lineup with a new mid-size model Victoris.

US House passes bill to ban TikTok

Subscribe to Updates

What's Hot

Browsing: Special FD Offers