Fixed Deposits Rates: 666 days FD launched, this scheme offers great interest, know the details before investing..

Fixed Deposits Rates: Bank of India has launched a 666-day fixed deposit (FD). Under this scheme, super senior citizens (80 years or above) will get 7.95% interest per annum. Senior citizens (60 years or above) will get 7.80% interest per annum, while others will get 7.30% interest.
The new interest rates have come into effect from June 1. In this fixed deposit scheme, investment has to be made for 666 days. In such a situation, if you want more interest on FD, then you can invest in this scheme.
Amrit Kalash scheme is also being run in SBI
State Bank of India (SBI) is also running a special fixed deposit (FD) scheme Amrit Kalash. Under this scheme, senior citizens are being given 7.60% annual interest on FD and others are being given 7.10% annual interest.
In this fixed deposit scheme, one has to invest for 400 days. A maximum of Rs 2 crore FD can be made in it. Under the Amrit Kalash scheme, you are given interest every month, every quarter and every half year. You can decide the payment of FD interest as per your convenience.
You can also invest in SBI 'WeCare' scheme
SBI is also running another special term deposit (FD) scheme 'WeCare'. Under this scheme of SBI, senior citizens will get an additional interest of 50 basis points on deposits (FD) of 5 years or more. Senior citizens get 0.50% more interest than the general public on retail term deposits of less than 5 years.
At the same time, under the 'WeCare Deposit' scheme, 1% interest will be given on FDs of 5 years or more. However, no additional interest will be given on withdrawal before maturity. In this too, you can now invest till 31 September 2024.