SBI extends deadline for special FDs, know which banks beside SBI are providing such offers
State Bank of India boosts interest rates on special FDs.
Stay updated with breaking news from Special Fd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
State Bank of India boosts interest rates on special FDs.
A special fixed deposit (FD) is a kind of investment option provided by some banks and financial institutions.
Fixed deposits are a low-risk investment choice since the interest rate remains constant during the duration of the account.
Indian banks phase out special fixed deposits offering higher interest rates.
Amid rising interest rate regimes some banks are providing special fixed deposits (FDs) with irregular tenors of days rather than months or years—that effectively guarantee higher interest rates than traditional FDs.