BANK NEWS
SBI special FD scheme extended till year-end
New Delhi: The country’s largest lender state bank of India earlier announced a scheme in May for the senior citizen to give the higher interest rates on their money, now the ‘SBI Wecare’ extended the special fixed deposits scheme till the year-end which is earlier valid up to 30, September 2020.
The bank also introduced the Retail TD segment where an additional premium of 30 bps will be paid to Senior Citizen on their retail TD for '5 Years and above' tenor only, the bank’s website mentions.
This FD scheme is available in the fixed deposits and renewal of maturing deposits. Currently, the bank is giving a 6.20 percent interest rate on the FD of the senior citizen ad 5.4 percent on the general public.
Read Also : KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sector
News Must Read
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE