SBI FD Rate: SBI Bank keeps bringing new schemes for the benefit of all its customers, which benefits its customers a lot. Recently, SBI has given an update to senior citizens regarding the interest received on FD, which has made senior citizens happy. Now senior citizens will get returns on SBI FD according to the new interest rates. Let us know about this latest update in the news.
(SBI FD interest) In today’s time, to secure their future, people want maximum returns in less time by investing less, due to which they look for different means of investment. Bank FD is also one of those safe and secure options, which is also risk free. Different banks offer different interest rates in bank FD. SBI is especially offering attractive interest rates on FD to senior citizens. This will enable senior citizens to get strong returns.
SBI launches new FD scheme –
SBI has introduced a Patrons FD new scheme for people aged 80 years and above, which offers high interest rates especially to senior citizens. Under this scheme, senior citizens get a slightly higher benefit than the normal interest rate they get, allowing them to get higher returns. Currently, a good rate of 7.6 percent (SBI FD rate) is being offered under this scheme for a period of 2 to 3 years, which can be attractive to investors. This scheme (SBI FD scheme) is not only for new investors, but customers who have already invested can also take advantage of it. The aim of this scheme is to give better returns to senior citizens who want to invest their savings in a safe and profitable manner.
SBI’s Recurring Deposit Scheme –
A new recurring deposit (RD) scheme named ‘Har Ghar Lakhpati’ has been launched by SBI, through which people can regularly deposit 1 lakh or more money and get good returns (SBI FD return). The aim of this scheme is to achieve financial goals and promote the habit of saving. The special thing is that this scheme is also available for children, so that savings can be started at an early age. The interest rates of the scheme have been fixed for different time frames.
Interest rates are different in different periods –
General customers are getting 6.75 percent interest (SBI FD interest) in the period of 3 and 4 years, while senior citizens are being given 7.25 percent interest. Apart from this, in other time periods, general customers get 6.50 percent (SBI senior citizen FD rate) and senior citizens get 7 percent interest. This scheme can be a convenient and beneficial option to achieve certain goals.
These banks also launched schemes on FD-
Recently, some major banks like State Bank of India (SBI), Punjab National Bank (PNB), IDBI Bank and Bank of Baroda have introduced new savings schemes for their customers. Various time frames and beneficial rates are being offered in these schemes. These new schemes can be beneficial especially for senior citizens and small investors. These banks have provided many options to provide good interest rates and security in their schemes New FD schemes, which can benefit investors. These changes can prove beneficial for investors.
PNB Special FD –
From the first day of 2025, Punjab National Bank has launched two new deposit schemes (PNB FD scheme), in which investors can get better benefits. The first scheme is for 303 days, in which customers are getting 7 percent annual interest rate. The second scheme is for 506 days, in which 6.7 percent (PNB FD interest rate) interest rate is being given. Both these schemes are especially attractive for those who expect good returns in a short period. These new schemes of PNB are a great opportunity for those investors who want safe and better returns, and at the same time they want their money back in a short time. This change has come into effect from January 1.
What is the benefit of IDBI FD –
IDBI Bank has launched a new scheme (IDBI FD scheme), which is named Chiranjivi (chiranjivi scheme) and is especially for people aged 80 years and above. Under Utsav FD, this scheme is valid for a limited period and attractive interest rates are being given to the investors. Under this scheme, the option of different interest rates is available for different periods. A very good interest rate of 8.05 percent is being offered for a period of 555 days. At the same time, interest of 7.90 percent (SBI FD interest rate) has been offered for 375 days.
Benefits of IDBI’s 444 days FD –
Apart from this, rates of 8.00 percent (IDBI 444 FD interest rate) for 444 days and 7.85 percent for 700 days are available. This scheme is specially designed for senior citizens, so that they can get more benefits. There is also flexibility in it, so that investors can invest as per their convenience. These types of schemes help investors to get good returns.
Bank of Baroda’s new liquid FD –
Bank of Baroda has made a new investment option available to the people, which has been introduced in the name of Liquid Fixed Deposit and it makes savings flexible as well as gives attractive returns. In this scheme, customers can withdraw some amount without exhausting their deposit. This gives them the option of easy withdrawal whenever they need money. This product is especially suitable for those who need both liquidity (BOB liquidity scheme) and interest. This type of product gives more convenience to the customers.
Interest rate on BOB’s new liquid FD –
The bank is introducing a new scheme in which investors can keep their savings for a long period and can also withdraw funds when needed. The interest rate in this scheme ranges from 4.25 percent to 7.15 percent (BOB liquid FD rate), which can give investors good returns (BOB FD return). This scheme can be beneficial for those who want to keep their savings safe and also want the facility to withdraw money immediately when needed.
How these schemes were prepared –
The new investment schemes have been specially designed for different classes of investors. There is a scheme for small investors, which is designed to benefit people investing with small amounts. At the same time, some special schemes have been introduced for the elderly, which provide them higher returns (High FD interest). Apart from this, some schemes are for those investors who want to invest their capital with more flexibility. For such investors for whom the option of withdrawing money is important, there is a scheme for them, which can be ideal for them.
What is the benefit of these schemes –
All these schemes have been designed in such a way that they can meet the different needs of the investors. Through these schemes, investors can invest according to their financial condition along with getting better returns (High FD interest rate). If you are also planning to invest, then these new options can give you more benefits. Investing in these schemes can not only give more interest, but they are also designed according to your personal needs.
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