SBI WeCare FD: SBI WeCare FD is run for senior citizens. Additional interest of 1 percent on this FD to senior citizens
SBI WeCare FD:
The last date to invest in ‘SBI WeCare FD’ run by State Bank of India (SBI) for senior citizens is 31st March. Till this date you can get a new FD or renew a matured FD.
It is being run by SBI for senior citizens. The maturity period of this special FD is 5 to 10 years. In this FD, senior citizens are given additional interest of one percent compared to normal interest rates.
Interest rate for senior citizens in SBI
At present, SBI offers FDs ranging from 7 days to 10 years to senior citizens. In this, interest ranging from 4 percent to 7.50 percent is being given to senior citizens.
From 7 days to 45 days – 4 percent
From 46 days to 179 days – 5.25 percent
From 180 days to 210 days – 6.25 percent
From 211 days to less than 1 year – 6.5 percent
From 1 year to less than 2 years – 7.3 percent
From 2 years to less than 3 years -7.5 percent
From 3 years to less than 5 years – 7.25 percent
From 5 years to 10 years – 7.50 percent
SBI Amrit Kalash
In SBI’s 400 day FD Amrit Kalash, 7.60 percent interest is being given to senior citizens. The last date to invest in this FD is also 31st March. SBI Amrit Kashal is the highest interest paying special FD of the bank. In this, common citizens are getting returns of 7.1 percent.