Diwali Offer On FD: In India, fixed deposits are regarded as the greatest and safest option for financial investments. However, a lot of people claim that fixed deposits don’t offer very excellent returns, but as you are all aware, Diwali is quickly approaching in India.
As a result, numerous banks are offering numerous offers to the financial sector because of Diwali. However, a lot of people are unaware of the bank’s latest promotions. For this reason, we will tell you about a bank in today’s post that will give you an annual fixed deposit interest rate of 8.25% on the occasion of Diwali. is expected to yield a profit of Rs.
That indicates that if you make a fixed deposit of your money in this bank, you can profit by 8.25 percent. But which banks have launched the Diwali Offer On FD, enabling you to profit handsomely from fixed deposits? We will learn more about these banks in this article today.
Diwali Offer On FD: This bank is giving return of 8.25%
State Bank of Mauritius (SBM), situated in Mumbai, has prepared a special Diwali offer for all of you. Under this offer, the bank will pay an 8.25 percent profit on fixed deposits. All Indian nationals and NRIs (non-resident Indians) are eligible for this deal.
In addition, we would like to inform you that the State Bank of Mauritius (SBM) is offering a special FD rate for Diwali that is only available for a limited period of time. If you invest in an FD with SBM during this time, you will receive an 8.25% return. The bank states that this special FD rate for Diwali will only be available from November 3 to November 17. During this time, anyone investing in a fixed deposit with the bank will receive an extra 8.25% return on their investment.
You need to have an account with SBM Bank in order to take advantage of this exclusive Diwali deal. In addition, this special discount is only valid on purchases under Rs 2 crore.
Conditions for taking special Diwali Offer On FD from SBM Bank
You can surely invest your money in this bank’s fixed deposit if you want to take advantage of the Diwali Offer on FD. However, you need to be aware of its terms and conditions before making an investment.
- You must first have an account of your own with SBM Bank.
- You must hold your money in an FD for a minimum of five years and a maximum of three years and two days in order to receive an 8.25% return on investment from SBM Bank.
- This bank is only offering this special Diwali deal from November 3rd to November 17th. If you invest in an FD with this bank during this time, you will only receive an 8.25% return.
- This means that you can profit up to 8.10% if you invest in this Diwali Offer on FD only for a period of 391 days to 15 months.
- This Diwali promotion is only available to you if the total is less than Rs 2 crore.
- These are some of the primary terms and conditions of SBM Bank’s Diwali Special FD Rate. In addition, you should thoroughly review all of their terms and conditions before making an investment in one of their fixed deposits.
Senior citizens will get more profits!
You will receive a 0.5 percent increase in the special FD rate this Diwali if your name appears on the list of elderly persons. This implies that senior citizens will receive an additional 0.5 percent in their 8.25% FD return; if you are a senior citizen as well, this bank can provide you highly competitive yields on FD.
Special Diwali FD Rate in SBM Bank
| Bank Name | State Bank of Mauritius (SBM) |
| Special Diwali FD Rate | 8.25% p.a. |
| Tenure | 3 Years 2 days to less than 5 years |
In addition, you can visit SBM Bank’s official website at www.sbmbank.co.in to learn about various FD Rates.
We hope that this post has given you some knowledge about the Diwali Offer on FD. Please tell your friends about it as well so they are aware of this unique Diwali Offer on FD. Please visit our “Finance” page to view more articles of this type.