SBI Scheme: Are you looking for a risk-free investment for yourself? So India’s largest public sector bank SBI is giving the best offers to the customers. SBI is giving special offers to its customers. In this, customers’ money can double in a few years.
SBI Scheme: Are you looking for a risk-free investment for yourself? So India’s largest public sector bank SBI is giving the best offers to the customers. SBI is giving special offers to its customers. In this, customers’ money can double in a few years. The deadline for investment in SBI WeCare FD scheme is till 31 March 2024. Know everything about the scheme here.
SBI WeCare FD interest rates
The bank gives 0.50 more interest on any FD to senior citizens than a normal customer. SBI Wecare is getting 7.50% interest. Investments under the scheme are made for a minimum of 5 years and a maximum of 10 years. These rates will be available on new and renewable FDs. If you invest Rs 5 lakh, you will get Rs 10 lakh directly on maturity. SBI recently announced that the deadline for investment in the WeCare FD scheme is till 31 March 2024. SBI is offering the best interest to its customers on its WeCare FD.
You will get Rs 10 lakh by investing Rs 5 lakh
Currently, SBI Bank is giving 7.5 percent interest to its customers on WeCare FD. If seen, the money in this will double in 10 years at this interest rate. That is, if you invest Rs 5 lakh, you can get Rs 10 lakh at the time of maturity. For Rs 5 lakh, you will get Rs 5.5 lakh as interest in 10 years. The bank is offering 6.5 percent interest on 10 year FD on regular FD. SBI gives interest ranging from 3.50 percent to 7.60 percent on its FD.
SBI Wecare FD Scheme
If you invest in SBI’s WeCare Special FD Scheme, you get interest at the rate of 7.5 percent. In this scheme of SBI, customers get 0.30 percent more interest than regular FD. If you join this FD scheme, you can also get loan facility.
