If you also have an account in most banks in the country, then this is useful news for you. Many special FD and term deposit facilities are available from SBI (SBI FD Scheme). If you are also going to make a fixed deposit, then before that know which scheme is getting the benefit of higher interest.
Many schemes like SBI Amrit Kalash, SBI We Care, SBI Green Deposit, and SBI Sarvotham are getting the benefit of interest up to 7.9 percent.
The special feature of the SBI 'Amrit Kalash' scheme is that it offers interest at the rate of 7.6 percent on FD for 400 days. Common citizens investing in the Amrit Kalash Special FD scheme will get a 7.10% interest rate. You can invest in this scheme till 31 March 2024. This is a special FD scheme of SBI.
Only senior citizens can invest in the SBI WeCare Scheme. In this scheme, senior citizens get the maximum interest benefit for a period of 5 to 10 years. The last date to invest in this scheme is 31 March 2024. Under this scheme, an interest of 7.50 percent is being given on FD of 5 years to 10 years. Bank customers are getting FDs ranging from 7 days to 10 years. In this, interest is available from 3.5 to 7.5 percent.
SBI customers in Green Term Deposit for senior citizens get interest at the rate of 7.15 percent for the tenure of 1111 days and 1777 days. Apart from this, customers are getting interest at the rate of 7.40 percent on the tenure of 2222 days. Talking about common citizens, these people are getting interested at the rate of 6.65% in the period of 1111 days and 1777 days. The bank offers 6.40% on retail deposits with a tenure of 2222 days.
The biggest advantage of this scheme of SBI is that it is only a year and 2-year scheme. In the SBI Best Scheme, general customers are getting 7.4 percent interest on 2 year deposit i.e. FD (Fixed Deposit). At the same time, senior citizens are getting 7.90 percent interest in this scheme. At the same time, the general public is getting 7.10 percent interest and senior citizens are getting 7.60 percent interest on a one-year investment.
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