SBI giving chance to customers Earn more interest on FD, Know details

State Bank of India (SBI) has started Special Deposit Scheme for its customers.

New Delhi. If you also consider a good option of Fixed Deposite- FD for safe investment, then this news can be of your use. Actually, the country’s largest bank State Bank of India (SBI) has started Special Deposit Scheme for its customers. Let’s know everything about it…

Let us tell you that on the celebration of 75 years of independence, the bank had announced to give special facility of Platinum Deposits to the customers. You can take advantage of this offer till September 14.

Can FD for so long already

can get fixed money for the customer 75 days, 75 weeks and 75 months under the SBI Platinum Deposits. In this fixed deposit, customers are being given the facility of extra interest up to 15 bps.

Know what are the interest rates

>> SBI is offering 3.90 percent interest on 75 days term deposit, while it is proposed to pay 3.95 percent interest on Platinum deposit.
>> For a period of 525 days, 5 percent interest is available now, but platinum will get 5.10 percent interest.
>> At the same time, it is proposed to pay 5.55 percent interest on 2250 days term deposit instead of 5.40 percent.

The interest rate for senior citizens is currently proposed to be 4.45 percent instead of 4.40 percent interest, 5.60 percent instead of 5.50 percent for 525 days and 6.20 percent interest for 2250 days.

Specialty of the scheme 

In this scheme, you get more interest and along with many other benefits are also available. Let us know about the features of this scheme. Under the SBI Platinum FD scheme, customers are paid on a monthly and quarterly basis. Apart from this, customers get the benefit of interest on maturity in special term deposits. This amount of interest gets credited into the account of the customers.

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com