Important Updates on Fixed Deposits and Credit Card Rules

General
1

IDBI Bank Special FD Deadline Extended

  • New Tenure Added: 700 days
  • Current Rates:
    • 300 Days:
      • General Citizens: 7.05%
      • Senior Citizens: 7.55%
    • 375 Days:
      • General Citizens: 7.15% (up from 7.1%)
      • Senior Citizens: 7.65% (up from 7.6%)
  • Extended Deadline: September 30, 2024 (from June 30, 2024)

Indian Bank Special FD Deadline Extended

  • Ind Super 300 Days Rates:
    • General Public: 7.05%
    • Senior Citizens: 7.55%
    • Super Senior Citizens: 7.80%
  • Ind Super 400 Days Rates: Same as above
  • Extended Deadline: September 30, 2024 (from June 30, 2024)

Punjab and Sindh Special FD Deadline Extended

  • 222 Days:
    • Interest Rate: 6.30%
  • 333 Days:
    • Interest Rate: 7.15%
  • Extended Deadline: September 30, 2024

SBI Amrit Kalash FD Scheme

  • Tenor: 400 days
  • Interest Rates:
    • General Citizens: 7.10%
    • Senior Citizens: 7.60%
  • Extended Deadline: September 30, 2024

SBI Wecare FD Scheme Extension

  • Interest Rate Increase: 50 bps additional for public (100 bps in total)
  • Extended Deadline: September 30, 2024

RuPay Card Reward Points Update

  • New Directive: NPCI mandates that RuPay credit card and UPI transaction fees should not deduct from reward points or benefits.
  • Effective Date: September 1, 2024

RBI Credit Card Rule Change

  • New Rule: RBI prohibits exclusive agreements between card issuers and networks that limit card usage options.
  • Effective Date: September 6, 2024