SBI Update: SBI has made senior citizens happy, now they will get this much interest on FD..

(SBI FD interest) In today's time, to secure their future, people want maximum returns in a short time by investing as little as possible, due to which they look for different means of investment. Bank FD is also one of those safe and secure options, which is also risk free. Different banks offer different interest rates in bank FD. SBI is especially offering attractive interest rates on FD to senior citizens. This will enable senior citizens to get strong returns.
SBI launches new FD scheme -
SBI has introduced a new scheme called Patrons FD for people aged 80 years and above, which offers high interest rates, especially to senior citizens. Under this scheme, senior citizens get a little more benefit than the normal interest rate they get, so that they can get higher returns. Currently, a good rate of 7.6 percent (SBI FD rate) is being offered under this scheme for a period of 2 to 3 years, which can be attractive for investors. This scheme (SBI FD scheme) is not only for new investors, but customers who have already invested can also take advantage of it. This scheme aims to give better returns to senior citizens who want to invest their savings safely and profitably.
SBI Recurring Deposit Scheme -
A new recurring deposit (RD) scheme named 'Har Ghar Lakhpati' has been launched by SBI, through which people can deposit 1 lakh or more money regularly and get good returns (SBI FD return). The aim of this scheme is to achieve financial goals and promote the habit of saving. The special thing is that this scheme is also available for children, so that savings can be started at an early age. The interest rates of the scheme have been fixed for different time frames.
Interest rates are different in different periods-
General customers are getting 6.75 percent interest (SBI FD interest) in the period of 3 and 4 years, while senior citizens are being given 7.25 percent interest. Apart from this, in other time periods, general customers get 6.50 percent (SBI senior citizen FD rate) and senior citizens get 7 percent interest. This scheme can be a convenient and beneficial option to achieve a certain goal.
These banks also launched schemes on FD-
Recently some major banks like State Bank of India (SBI), Punjab National Bank (PNB), IDBI Bank, and Bank of Baroda have introduced new savings schemes for their customers. Different time frames and beneficial rates are being given in these schemes. These new schemes can be beneficial, especially for senior citizens and small investors. These banks have provided many options to provide good interest rates and security in their schemes New FD schemes, can benefit investors. These changes can prove beneficial for investors.
PNB Special FD -
From the first day of 2025, Punjab National Bank has launched two new deposit schemes (PNB FD scheme), in which investors can get better benefits. The first scheme is for 303 days, in which customers are getting a 7 percent annual interest rate. The second scheme is for 506 days, in which a 6.7 percent (PNB FD interest rate) interest rate is being given. Both these schemes are especially attractive for those who expect good returns in the short term. These new schemes of PNB are a great opportunity for those investors who want safe and better returns, and at the same time they want their money back in a short time. This change has come into effect from January 1.
What is the benefit of IDBI FD -
IDBI Bank has launched a new scheme (IDBI FD scheme), which is named Chiranjivi (Chiranjeevi scheme) and is especially for people aged 80 years and above. Under Utsav FD, this scheme is valid for a limited period, and attractive interest rates are being given to investors. Under this scheme, the option of different interest rates is available for different periods. A very good interest rate of 8.05 percent is being offered for 555 days. At the same time, an interest of 7.90 percent (SBI FD interest rate) has been offered for 375 days.
The benefit of IDBI's 444 days FD -
Apart from this, rates of 8.00 percent (IDBI 444 FD interest rate) for 444 days and 7.85 percent for 700 days are available. This scheme is specially designed for senior citizens so that they can get more benefits. It also has flexibility, so that investors can invest as per their convenience. Such schemes help investors to get good returns.
Bank of Baroda's new liquid FD -
Bank of Baroda has made a new investment option available to the people, which has been introduced in the name of Liquid Fixed Deposit and it makes savings flexible as well as gives attractive returns. In this scheme, customers can withdraw some amount without exhausting their deposit. This gives them the option of easy withdrawal whenever they need money. This product is especially suitable for those who need both liquidity (BOB liquidity scheme) and interest. Customers get more convenience from this type of product.
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