SBI Wecare Deposit Interest Rate The last date to apply for SBI Wecare, the FD scheme run by State Bank of India for senior citizens, is ending in September. In this FD scheme, additional interest is being given by the bank to the senior citizens. The benefit of this scheme is being given on both fresh deposits and renewables.
SBI Wecare Deposit Interest Rate: If you are a senior citizen and planning to get FD, then this is important news for you. The last date to apply for SBI We Care, the high-interest FD scheme run by the country’s largest government bank State Bank of India for senior citizens, ends in September. Has been.
This FD was launched by SBI in 2020 to provide additional interest to senior citizens.
How much benefit is available in SBI We Care FD?
According to SBI website, in this FD, the bank gives an additional interest of 0.50 percent to senior citizens. This is in addition to the 0.50 percent interest given to senior citizens compared to general investors. In this way, senior citizens are given 1.00 percent interest on investing in SBI We Care FD.
How long is its last date?
Any senior citizen can get SBI V Care FD till September 30, 2023. This benefit is given on both fresh deposits and renewables.
SBI interest rate for senior citizens
- On FD from 7 days to 45 days – 3.5 percent
- On FD from 46 days to 179 days – 5 percent
- On FD of 180 days to 210 days – 5.75 percent
- On FD from 211 days to less than one year – 6.25 percent
- On FDs of one year and less than two years – 7.30 percent
- On FDs of 2 years and less than three years – 7.50 percent
- 3 years to less than 5 years on FD -7.00 percent
- 5 years to less than 10 years on FD – 7.50 percent
