Senior citizen particular FD scheme: What SBI, ICICI and HDFC Bank supply

Senior citizen particular FD scheme: State Bank of India (SBI), HDFC Bank and ICICI Bank are offering increased rates of interest on fastened deposits to senior residents. These particular FD schemes by varied banks had been launched amid the Covid-19 pandemic.

SBI Wecare Deposit for Senior Citizens

“A special “SBI Wecare” Deposit for Senior Citizens launched within the Retail TD phase whereby a further premium of 30 bps (over & above the present 50 bps) shall be paid to Senior Citizens on their retail TD for ‘5 Years and above’ tenor solely. “SBI Wecare” deposit scheme stands extended up to 30th September 2022,”SBI talked about on its web site.

SBI particular FD scheme for senior residents rate of interest

If a senior citizen places a hard and fast deposit beneath the particular FD scheme, then the rate of interest relevant to the FD shall be 6.30%. SBI has elevated rates of interest on fastened deposits (FDs) with impact from February 15, 2022.

HDFC Bank particular FD scheme

An Additional Premium of 0.25% (over and above the present premium of 0.50%) shall be given to Senior Citizens who want to guide the Fixed Deposit of lower than 5 crores for a tenure of 5 (5) years One Day to 10 Years, throughout particular deposit supply commencing from 18th May’20 to thirtieth Sep’2022. This particular supply shall be relevant to new Fixed Deposit booked in addition to for the Renewals, by Senior Citizens in the course of the above interval.

HDFC Bank particular FD scheme for senior residents rate of interest

If a senior citizen places a hard and fast deposit beneath HDFC Bank Senior Citizen Care FD, then the rate of interest relevant to the FD shall be 6.35%. These rates of interest are with impact from twentieth April 2022

ICICI Bank Golden Year FD

Resident Senior citizen prospects will get a further rate of interest of 0.20% for a restricted time over and above the present extra fee of 0.50% each year. The extra fee shall be accessible on contemporary deposits opened in addition to deposits renewed in the course of the scheme interval. These charges are relevant from seventh October 2022

ICICI Bank particular FD scheme for senior residents rate of interest

ICICI Bank Golden Year FD scheme will give 6.35% each year. These charges are with impact from January 20

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