highlights
More ways for seniors to earn more interest
SBI extended the deadline for the WeCare FD program
SBI extended the deadline for the Amrit Kalash FD program
New Delhi. If you are an elderly person and are looking for a better way to invest your savings, then there is good news for you. Is. The State Bank of India (SBI) has extended the deadline for investing in the special FD program SBI WeCare. Now this special FD program can be invested until September 30, 2023.
The WeCare FD program is available for new deposits and renewal of maturing deposits. Currently, depositors benefit from an interest rate of 7.50 percent for this particular FD program. Under this special FD system, seniors receive the maximum interest benefit within 5 to 10 years. For seniors, SBI’s VCare FD program can prove to be a great investment plan.
Also read: What is a Special FD? How different is it from regular FD, why is it worth investing money? learn
SBI also extended the final date of the Amrit Kalash FD program
In addition, SBI has also extended the term of the Amrit Kalash Special FD program. Under this program, SBI offers the highest interest rate for seniors and others compared to FDs with other tenures.
According to the bank’s website, the Amrit Kalash Deposit Scheme is now in effect until August 15, 2023. Seniors can earn 7.6 percent interest under the 400-day Amrit Kalash FD, while regular customers earn 7.1 percent interest on their deposits can.
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Tags: Bank FD, FD prices, fixed deposits, State Bank of India
FIRST RELEASED : Jun 25, 2023 5:24 PM IST
