State Bank of India has extended the last date for opening an account under SBI WeCare, a special fixed deposit scheme for senior citizens till September 30, 2022. For example, senior citizens can avail of an interest rate of 6.30 per cent on five years fixed deposit scheme under SBI WeCare, when the interest rate for the general public 5.50 …
Country's largest lender State Bank of India, and private lenders HDFC Bank, and ICICI Bank have recently launched special fixed deposit schemes for senior citizens. Some of the common features of Senior citizens special FD scheme by SBI, HDFC, and ICICI Bank are: 1) Senior citizens special FD scheme is applicable for tenure of 5 years or more. -Premature withdrawal …
