Special FD Calculations: Special fixed deposit (FD) schemes come in different durations, which can be less than a year to around 10 years. They mostly pay a slightly higher interest rate compared to traditional FDs of nearly the same or slightly higher duration. Like other FDs, they provide higher interest rates to senior citizens. Banks launch these special FDs for a limited duration, but, based on the investor interest, they may extend the deadline to invest. Sometimes, they decrease the interest rate after extending the deadline.
In this write-up, we compare 3 special FDs with slightly over 1-year duration.
These special FDs offer the highest interest rates among their respective bank FDs.
Let’s discuss City Union Bank 365-day FD, Bank of Maharashtra 366-day FD and Punjab & Sind Bank 375-day FD interest rates for general and senior citizens.
Also know which of all 3 FDs offers the highest maturity amount to its investors on a Rs 9,99,999 investment.
City Union Bank 365-day FD: Interest rate for general citizens
The bank provides a 7.25 per cent interest rate to general citizens.
City Union Bank 365-day FD: Interest rate for general citizens
The interest rate for senior citizens is 7.50 per cent.
Bank of Maharashtra 366-day FD: Interest rate for general citizens
Bank of Maharashtra also provides 7.25 per cent interest to general citizens in its 366-day FD.
Bank of Maharashtra 366-day FD: Interest rate for senior citizens
For senior citizens, the interest rate is 7.75 per cent.
PSB 375-day FD: Interest rate for general citizens
The interest rate in PSB’s 375-day FD is also 7.25 per cent.
PSB 375-day FD: Interest rate for general citizens
The interest rate for senior citizens is 7.75 per cent.
City Union Bank 365-day FD: Maturity on Rs 9,99,999 investment
General citizens: Rs 10,74,493.94
Senior citizens: Rs 10,77,134.79
Bank of Maharashtra 366-day FD: Maturity on Rs 9,99,999 investment
General citizens: Rs 10,74,705.48
Senior citizens: Rs 10,80,007.60
PSB 375-day FD: Maturity on Rs 9,99,999 investment
General citizens: Rs 10,76,611.19
Senior citizens: Rs 10,82,053.64
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
