Earn huge returns by investing in green FDs, banks including SBI are offering – India TV Hindi

Green FD- India TV Paisa
Photo: Canva The renewable projects are financed from the money raised under the Green FD.

Today the country is rapidly moving towards green or renewable energy. Financing of green projects is being promoted by banks. For this reason Green FDs have been launched by banks. This FD is almost like a normal FD. These are covered under the Deposit Insurance and Credit Guarantee Corporation Act, 1961. Because of this, there is no risk of losing money in Green FD. Currently SBI, Central Bank of India and AU Bank are offering Green FD.

SBI Green Deposit

SBI Green Rupee Term Deposit is offered by State Bank of India. You can start investing in this FD with a minimum of Rs.1000. There is no maximum limit. It is offering three term FD. FDs of 1111 days and 1777 days are offering 6.65% interest to general investors and 7.15% to senior investors. 2222 days FD is offering 6.40% interest to investors and 7.40% to senior investors.

Central Bank of India Green Time Deposit

Green Time Deposit is being offered by the Central Bank of India. The bank is offering 5.90% interest on 1111 days green FD, 6.00% on 2222 days green FD and 6.10% on 3333 days green FD.

AU Green Fixed Deposit

AU Green Fixed Deposit FD is being offered by AU Small Finance Bank. It can be invested from one year to 10 years. The bank offers 6.75% on 12-month Green FD, 8% on 18-month Green FD, 7.50% on 36-month Green FD, 7.25% on 60-month Green FD and 7.25% on 120-month Green FD. is offering interest.

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