SBI vs HDFC Bank vs ICICI Bank: Check the latest FD rates
Zee News
This scheme's deadline has been extended, which means you can now benefit from increased interest rates until March 2022.
New Delhi: If you think Fixed Deposit-FD is an excellent alternative for a safe investment, this news is for you. Actually, SBI, HDFC Bank, ICICI Bank, and Bank of Baroda had offered a unique deal for older persons in May 2020. This scheme's deadline has been extended, which means you can now benefit from increased interest rates until March 2022.
SBI Wecare Deposit
SBI has launched a new FD scheme for senior folks called 'Wecare Deposit.' You can now benefit from higher interest rates until March 2022. In this case, the benefit of an additional 80 basis points in interest is obtained from the rates applicable to the general public. The interest rate on a fixed deposit made by a senior citizen under the special FD plan would be 6.20 percent.
