Salient features of SIDBI Fixed Deposit Scheme:
- SIDBI’s Fixed Deposit Scheme is rated ‘AAA(FD)’ by CARE indicating highest safety of Investments
- Nomination facility available on Single & Joint Deposits by Individuals
- TDS exemption for income upto Rs. 5,000
- Direct Credit of Interest to Depositor’s Bank Account through ECS, wherever facility available and requested by the investor
- Higher rates of interest for Senior Citizens
- Minimum amount of Deposit – Rs.10,000 and in multiples of Rs.1,000 thereafter
Period (Months) | General | Senior Citizens | ||
Interest (% p.a.) | Annualised Yield (% p.a.) | Interest (% p.a.) | Annualised Yield (% p.a.) | |
12 – 13 | 9.5 | 9.84 | 10 | 10.38 |
14 – 36 | 9.25 | 9.58 | 9.75 | 10.11 |
37 – 60 | 9 | 9.31 | 9.5 | 9.84 |
For more details download form below
{filelink=19}
Website: http://www.sidbi.in/investor.asp
how safe is sidbi fd compared to psu banks
SIDBI is a PSU so its as safe as PSU banks