This scheme is for those customers who make deposits for a time period of 5 years or above. This list of banks includes big lenders like State Bank of India, HDFC Bank and ICICI Bank.
Special Fixed Deposit Schemes: After the Covid-19 epidemic, many big private and government banks of the country have launched special fixed deposit (FD) schemes for senior citizen customers. This scheme is for those customers who make deposits for a time period of 5 years or above. This list of banks includes big lenders like State Bank of India, HDFC Bank and ICICI Bank. Let us know in detail about the special FD scheme of these banks.
‘SBI Wecare’ Deposit Scheme
State Bank of India is offering 50 basis points interest over and above the regular FD rate of 50 basis points to its senior citizen customers under the ‘SBI Wecare’ deposit scheme. The bank is paying 7.50% interest on deposits of 5 years and above. The bank has extended the period of this special FD scheme till 30 September.
HDFC Special FD Scheme
HDFC Bank is offering an interest of 25 basis points over and above the regular 50 basis points to its senior citizen customers on deposits ranging from 5 years 1 day to 10 years. You can deposit in this special FD scheme till 7 November.
ICICI Bank Special FD Scheme
ICICI Bank is offering 10 basis points interest over and above the regular 50 basis points to its senior citizen customers on deposits ranging from 5 years 1 day to 10 years. You can deposit in this special FDA scheme till 31 October.
