Invest in this scheme of SBI, your money will double in a few years
Investment Tips - Everyone likes to invest to fulfill their needs as well as to secure their future. And in such a situation, investors look for low risk options. But today there are many options available for investment. In such a situation, many times investors get confused as to which scheme they should invest in. Everyone wants to get maximum returns in whatever scheme they invest. SBI has come up with a similar scheme for crores of its customers, by investing in which your money will soon double. Let us know in detail in the news below-
HR Mandi Bhav News (Bureau). If you dream of becoming a millionaire, then it is not a difficult thing. You just have to invest some money from your income in a disciplined manner. Today, there are many such schemes where you can double your money by investing.
If you want to invest, India's largest public sector bank SBI is giving the best offers to its customers. SBI is giving special offers to its customers.
In this, customers' money can double in a few years. The deadline for investment in SBI WeCare FD scheme is till 31 March 2024. Know everything about the scheme here.
Interest rates on SBI WeCare FD-
The bank gives 0.50 more interest on any FD to senior citizens than a normal customer. SBI Wecare is getting 7.50% interest. Under the scheme, investment is made for a minimum of 5 years and maximum of 10 years.
These rates will be available on new and renewable FDs. If you invest Rs 5 lakh, you will get Rs 10 lakh directly on maturity. SBI recently announced that the deadline for investment in the WeCare FD scheme is till 31 March 2024. SBI is offering the best interest to its customers on its WeCare FD.
If you invest Rs 5 lakh, you will get Rs 10 lakh after so many days.
Currently, SBI Bank is giving 7.5 percent interest to its customers on WeCare FD. If seen, the money in this will double in 10 years at this interest rate.
That is, if you invest Rs 5 lakh, you can get Rs 10 lakh at the time of maturity. For Rs 5 lakh, you will get Rs 5.5 lakh as interest in 10 years.
The bank is offering 6.5 percent interest on 10 year FD on regular FD. SBI gives interest ranging from 3.50 percent to 7.60 percent on its FD.
SBI Wecare FD Scheme
RBI told that these 3 banks of the country are the safest, one government and 2 private, customers' money will never be lost in them.
If you invest in SBI's WeCare Special FD Scheme, you get interest at the rate of 7.5 percent. In this scheme of SBI, customers get 0.30 percent more interest than regular FD (Fixed Deposit Interest Rate). If you join this FD scheme, you can also get loan facility.