The largest government bank in the country, State Bank of India (SBI), is currently running multiple Fixed Deposit (FD) schemes aimed at helping customers achieve financial prosperity.
If you hold an account with SBI, you too can take advantage of these lucrative offers.
It is worth noting that the deadline to invest in SBI’s premier scheme, SBI WeCare, has been extended,
allowing individuals to invest in this special FD scheme until September 30, 2023.
SBI WeCare, available for both new deposits and maturing FDs, offers investors an attractive interest rate of 7.50 percent.
This special FD scheme provides senior citizens with the highest interest benefits over a period of 5 to 10 years, making it an excellent investment option for this demographic.
SBI Extends Amrit Kalash FD Scheme Duration
Furthermore, SBI has also extended the tenure of its Amrit Kalash Special FD scheme.
This scheme offers significantly higher interest rates compared to other FD schemes for senior citizens and regular customers alike.
As per information available on the bank’s official website, the Amrit Kalash Deposit Scheme will remain valid until August 15, 2023.
Under the Amrit Kalash FD scheme with a tenure of 400 days, senior citizens can earn interest at a rate of 7.6 percent,
while regular customers will receive interest at a rate of 7.1 percent on their deposited amount.