SBI special fixed deposit(FD) scheme for senior citizens extended till September 2022. Details here
SBI special FD scheme for senior citizens -We Care -offers an additional 30 bps interest rate to the senior citizens on their FD for the tenor of 5 years and more
The country's largest lender State Bank of India (SBI) has once again extended the special deposit scheme for senior citizens. The special fixed deposit scheme was launched in May 2020, SBI 'WECARE' Senior Citizens' Term Deposit scheme for senior citizens, which was initially applicable till September 2020. But amid the Covid-19 pandemic, the special FD scheme was extended several times. The bank has further extended it to September-end this year.