FD has always been the first choice of people in terms of secure investment. In FD, not only your money is safe, but you also get options of different tenures. You can choose any tenure as per your choice. You will get FD options in every bank. The interest rates of all are also different according to different tenures. At the same time, some special FD schemes are also run in many banks. Here know about 4 such special FDs of SBI which can make huge profits for investors with better interest.
Amrit Varshi
SBI’s Amrit Varshi scheme is for 444 days. In this scheme, common people are being given interest at the rate of 7.25%. At the same time, senior citizens are being given .50% additional interest. In such a situation, senior citizens will get 7.75% interest.
Amrit Kalash Scheme
SBI’s Amrit Kalash Scheme is for 400 days. Any Indian citizen can invest in it. Common people are being given interest at the rate of 7.10% on this FD, while senior citizens are getting interest at the rate of 7.60%. You can invest in it till 30 September 2024.
We Care Scheme
High interest rate is offered in SBI’s WeCare FD scheme. The purpose of this special scheme of SBI is to secure the income of senior citizens by giving them additional interest on fixed deposits. Investment can be made in it for 5 years and 10 years. At present, the elderly are getting up to 7.50 percent interest on SBI’s WeCare scheme.
Best FD
You can invest in SBI’s best FD for 1 year or 2 years. This is a very good scheme for getting good interest in a short time on a large amount deposit. In this, more than 1 crore and less than 2 crores can be deposited. In this, common people are getting 7.10% interest on 1 year FD and 7.40% interest on 2 year tenure. On the other hand, senior citizens are getting 7.60% interest on 1 year tenure and 7.90% interest on 2 year tenure.
Related Articles:-
PPF 5 Key features: Why is PPF included in the favorite schemes of investors? know here
Mutual Fund SIP 5 Key Features: Every investors should know before investing
7th Pay Commission: How much did dearness allowance increase in which month?
