The last date to invest in SBI Wecare is March 31, 2024. The scheme is available on fresh deposits and renewal of maturing deposits.
Also read: Earn up to 7.6% on SBI Amrit Kalash special FD; check last date to invest, who is eligible
SBI offers 0.50% higher interest rates to senior citizens, interest rates on regular fixed deposits vary between 3.50% and 7.50% for tenures ranging from 7 days to 10 years. The bank offers 7.50% interest on SBI Wecare special FD.
According to the SBI website, “Additional premium of 50 bps (over and above existing premium of 50 bps) over card rate for Public i.e., 100 bps over card rate for Public.”
Under the special deposit scheme, senior citizens can earn rate of interest of 7.60% on 400 days tenure. The Scheme will be valid till 31-March-2024.
Also read: SBI deadlines, changes in March 2024: SBI Wecare, SBI Amrit Kalash FD, home loan concession, credit cards
Under the green deposit scheme, senior citizens can earn 7.15% on tenure of 1111 Days and 1777 Days. The bank offers 7.40% on 2222 Days tenure on retail deposits.
Under SBI Sarvottam term deposits, the bank
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