If you’ve been thinking about locking your money in a safe and rewarding investment, now is the time. SBI, HDFC, and several top Indian banks are offering limited-time Fixed Deposit (FD) interest rates of up to 8.05% — but here’s the catch: these special rates are only available until March 31, 2025.
Whether you’re a retiree looking to maximise returns or a young investor searching for a safe parking spot for your funds, this opportunity is worth a closer look. Let’s break down what this offer means, how it works, and how you can take advantage of it before the deadline.
SBI, HDFC and Other Big Banks Fixed Deposits
| Feature | Details |
|---|---|
| Banks Offering Special FDs | SBI, HDFC Bank, IDBI Bank, Indian Bank, Punjab & Sind Bank |
| Highest Interest Rate | 8.05% p.a. for Super Senior Citizens (Indian Bank & IDBI) |
| Deadline to Invest | March 31, 2025 |
| SBI Schemes | Amrit Kalash (400 days), Amrit Vrishti (444 days) |
| HDFC Special FDs | 35-month and 55-month options |
| Minimum Investment | ₹1,000 (varies by bank) |
| Best For | Senior Citizens, Retirees, Low-risk Investors |
These special FD offers from SBI, HDFC, and other top banks present an excellent chance to earn higher returns on your savings — especially if you’re a senior citizen. With interest rates as high as 8.05%, low risk, and a guaranteed return, this is one of the best short-term investment opportunities in 2025.
But remember — the window closes on March 31. So, take action soon by visiting your bank or booking online. Whether you’re planning for retirement or looking for stable income, these FDs are worth the investment.
Why These Special Fixed Deposit Rates Matter
In recent years, bank Fixed Deposit rates have seen fluctuations due to inflation and monetary policy changes. But now, with inflation cooling and interest rates holding steady, banks are offering special limited-period FD schemes to attract long-term depositors.
These schemes offer higher-than-usual rates, especially tailored for senior and super senior citizens. That means if you’re aged 60 or above, you could earn significantly more than standard FD rates — but only if you act fast.
see also: PNB FD: Get FD of ₹3 Lakh for So Many Years
Current Limited-Period Fixed Deposit Offers from Top Banks
Let’s take a closer look at what each major bank is offering and how you can benefit:
State Bank of India (SBI)
SBI, the country’s largest public-sector bank, is offering two special FDs:
1. Amrit Kalash (400 days)
- Interest Rate:
- General Citizens: 7.10%
- Senior Citizens: 7.60%
- Maturity: 400 days
- Last Date to Invest: March 31, 2025
2. Amrit Vrishti (444 days)
- Interest Rate:
- General: 7.25%
- Senior Citizens: 7.75%
- Maturity: 444 days
HDFC Bank
India’s top private bank is running two “Special Edition” FDs:
1. 35-Month Fixed Deposit
- General: 7.35%
- Senior Citizens: 7.85%
2. 55-Month Fixed Deposit
- General: 7.40%
- Senior Citizens: 7.90%
IDBI Bank – Utsav Callable FD
- General: Up to 7.80%
- Senior Citizens: 8.05% (for 555-day FD)
Indian Bank
Offers one of the highest FD rates for super senior citizens (above 80 years):
- IND Super 400 Days:
- General: 7.30%
- Senior: 7.80%
- Super Senior: 8.05%
- IND Supreme 300 Days:
- General: 7.05%
- Senior: 7.55%
- Super Senior: 7.80%
Punjab & Sind Bank
- Offering special FDs for 333 days, 444 days, and 999 days
- Rates: 7.20% to 7.45% + 0.50% extra for seniors
Why You Should Consider These FDs
Guaranteed Returns
Fixed Deposits are backed by Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance, ensuring safety up to ₹5 lakh per depositor.
No Market Risk
Unlike mutual funds or stocks, FDs offer fixed returns regardless of market conditions.
Attractive for Seniors
The extra interest for senior citizens (usually 0.50%) and super senior bonuses make these FDs ideal for retirement planning.
Flexible Tenure Options
You can choose tenure from 300 days to 55 months, depending on the bank.
How to Book These Special Fixed Deposits
Here’s how you can book a special FD with your bank:
Step 1: Choose Your Bank
Decide based on interest rate, tenure, and whether you’re a senior/super senior citizen.
Step 2: Visit the Official Website or Branch
You can open an FD online through:
- Net banking or mobile apps
- Visiting the nearest branch
Step 3: Provide KYC Documents
Ensure your Aadhaar, PAN, and address proof are updated.
Step 4: Choose FD Scheme & Tenure
Select the special scheme like Amrit Kalash, IND Super 400, etc.
Step 5: Fund Your FD
Minimum deposit ranges from ₹1,000 to ₹10,000 depending on bank policies.
Step 6: Get Confirmation
You’ll receive an FD receipt or certificate by email or in-person.
Real-Life Example: What You Can Earn
Let’s say you invest ₹5 lakh in Indian Bank’s IND Super 400 Days FD at 8.05% (for super seniors).
- Maturity Value: ₹5,44,027
- Interest Earned: ₹44,027
- Tax Implication: Interest is taxable, but TDS applies only if total interest exceeds ₹40,000 (₹50,000 for seniors).
see also: Post Office RD Scheme Get Such Huge Returns on Depositing ₹1000 to ₹10,000!
SBI, HDFC and Other Big Banks Fixed Deposits FAQs
Q. What is the last date to invest in these special FD schemes?
March 31, 2025 is the deadline across most banks.
Q. Who qualifies as a super senior citizen?
Anyone above 80 years of age.
Q. Are these FDs safe?
Yes. They are insured up to ₹5 lakh under DICGC and offered by reputed banks.
Q. Can I withdraw the FD before maturity?
Yes, but penalty charges may apply. Check with your bank.
Q. Can NRIs invest in these FDs?
Some banks allow NRIs to open NRE/NRO FDs with special schemes. Confirm with your bank.
