Only a few days left to invest in SBI WeCare Scheme, invest today itself to avail the benefits

SBI Special FD Offer: India's government bank SBI has launched the SBI WeCare Scheme for senior citizens. This is an FD scheme. The bank offers high-interest rates in this scheme. The last date to invest in this scheme is 30 September 2023. It is believed that the deadline for this scheme may be extended. 

Sep 28, 2023 - 14:08
Only a few days left to invest in SBI WeCare Scheme, invest today itself to avail the benefits

India's government bank State Bank of India (SBI) offers many types of offers to its customers. If you are also planning to get FD in SBI, then you should invest in the SBI WeCare Scheme. Now only a few days are left to invest in this scheme. In this scheme, you get more interest and benefits than other FDs.

This scheme has been specially designed for senior citizens. In this, you can get FD for up to 5 years. In this, customers get good returns. This scheme will close on 30 September 2023. This means that you have only 2 days left to invest in this scheme. The deadline of this scheme has been extended once, so it is expected that this time the deadline of this scheme may be extended.

In this scheme, the customer gets an additional interest of 0.50 percent.

You can invest in this scheme for 5 to 10 years.

In this scheme, you get interest according to your investment. This means that the interest rate does not remain constant.

Currently, SBI offers 7.50 percent interest to its customers.

SBI Regular FD i.e. FD with a maturity of 7 days to 10 years gives interest of 3.50 percent to 7.50 percent. Let us tell you that in the SBI WeCare Scheme, customers get the benefit of tax benefits along with higher interest rates. For this, the customer has to submit a 15H/15G form.

Muskan Kumawat Journalist & Content Writer