Last Dates for both the scheme. Oops! Senior Citizens are eligible for rate of interest of 7.60%." This SBI special FD scheme also includes premature withdrawal and loan against deposit options. Let's take a comparative look at the interest rates offered by SBI, HDFC Bank, ICICI Bank, Yes Bank and Kotak Mahindra Bank. HDFC Bank Special FD for senior citizens HDFC Older Citizen Care is a special FD scheme offered by HDFC Bank for senior citizens. and You are now subscribed to our newsletters. This Google translation feature is provided for informational purposes only. Those who want to deposit in the scheme can do so at SBIs branches, through Netbanking, or through the SBI YONO mobile app. SBI had mentioned in the release that the senior citizens and SBI pensioners shall continue to receive their benefits under the SBI WECARE Scheme for the next five years and above the tenor. SBI extended this special fixed deposit scheme for senior citizens Ricardo Lara. and and This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp, Copyright © HT Digital Streams Limited, Copyright 2023 HT Digital Streams Ltd All Right Reserved. ATM Interchange (Transactions at Non ICICI Bank ATMs), Transactions at ICICI Bank ATMs / Cash Recycler Machines (cash withdrawals), Issue of DD drawn on ICICI Bank by cheque/transfer, For amounts upto Rs.10,000 Rs.40, For amounts above Rs.10,000 till Rs.50,000 Rs.60, For amounts above Rs.50,000- Rs.5 per thousand rupees or part thereof (maximum of Rs.15,000), Nil for 25 cheque leaves in a year; However, these preferential interest rates are only offered to resident senior citizen FD depositors. Once the changes is done, click on the Save Changes option to save the changes. and more, Special The Scheme will be valid till 30-June-2023, the SBI said in a statement. Credit Cards, MakeMyTrip Credit Card, Manchester Please consult with a translator for accuracy if you are relying on the translation or are using this site for official business. SBI had mentioned the following Revision in Interest Rates on Retail Domestic Term Deposits (Below Rs. Click on the Options , it opens up the settings page. Password SBI Wecare Policy ( Deposit Scheme for Senior Citizens), Interest Rate Prepaid Cards, Gift Card, Expressions Gift Card and The child/youth may also eventually apply to become a U.S. citizen. more, Co-Brand Credit Card more, Internet Income Flexible RD, Forex services, Send Money Abroad, Online Forex and more, Forex like, Generate your ATM PINGenerate your ATM PIN, Prepaid Card The State Bank of India has also introduced an UTSAV deposit scheme to mark India's 76th year of independence. How To Make The Most of Special FD Schemes of SBI, HDFC, & ICICI Bank? The special fixed deposit scheme of ICICI Bank will be available until October 7, 2021. Once the changes is done, click on the Save Changes option to save the changes. SBI offers huge 7.65% rate on fixed deposits to senior citizens but Pockets, the Digital bank, Meal Card and ISRO Invites Citizens to Register, Top 5 Tata Cars Sold In India June 2023, CRPF Recruitment: SSC CAPF GD Constable 2022 DV/DME Exam Date Released, Bigg Boss OTT 2 | Fukra Insaans Brother Mocks Pooja Bhatts Kiss With Dad Mahesh Bhatt: Kuch Chand Paison, Off-Peak Travel: 8 Best Places to Visit in India to Get Advantage and Avoid Heavy Rains, Tipster Claims OnePlus' Foldable Device to Be Named "Open", SBI Introduces Interoperable Cardless Cash Withdrawal Facility Through YONO App, Sensex Gains 446 Points After Falling For Three Sessions, PSU Bank Stock Declines 9% YTD, Motilal Oswal Recommends Buy Call, SBI Wecare Special Senior Citizens FD Scheme Extended For Three Months, Check Details, SBI's Amrit Kalash Fixed Deposit Scheme: Benefits, Interest Rates And Last Date To Apply, Govt. However, there is a certain category of elderlies who receive an additional 1% on FD rates applicable. SBI fixed deposit (FD) scheme for senior citizens with higher interest penalty 744 P Street, MS 08-13-78 Woman Savings Account and more, Family Savings AccountFamily Banking, Young Stars Savings (Deposits and withdrawals across branches and deposits in Cash Recycler Machines considered.). more, Multi Wallet Prepaid CardMulti Wallet Prepaid Card and Cards at places near you, Get assured cashback on electronics, travel, food & groceries and much more, 1800 103 India's largest lender State Bank of India (SBI) has extended SBI FD for senior citizens called 'SBI WeCare' for the third time till June 30. like, Generate Rs.4500. The scheme is available from August 15, 2022 to October 28, 2022. They will be paid an additional rate of 30 basis points over and above the existing premium of 50 basis points over the public card rate, for a total of 80 basis points over the public card rate. However, there is a certain category of elderlies who receive an additional 1% on FD rates applicable. and more, Expressions Debit Cards The purpose of this new state law is to eliminate or reduce family reunification barriers for immigrant families by creating uniformity across state and . Resident Indian, >60 yrs of age. Domestic term deposits interest rates for 10 years; Interest Rate On Sarvottam (Non-Callable) Domestic Term Deposits w.e.f. Should your retirement nest be far from the teeming crowd? Please check back in a few minutes as an error has occurred. These rates are effective from 16 December 2022. It is a special scheme of 400 days tenor from the SBI. Services, Buy, reload or avail refund on your travel Among the debt category investors, especially senior citizens who want to seek a long-term capital appreciation, investing in the fixed income category or fixed deposits of banks for assured returns with a promise of deposit safety provided by DICGC is highly preferred. The bank further stated that Interest rates for all other tenors of Domestic Retail Term Deposits which are below Rs. +91-40-7140 3333, Corporate for Senate Bill 1064. NRIs: Heres what you need to know when writing a will, Rahul Gandhi defamation case verdict LIVE, Delhi drenched by torrential rainfall, IMD issues 'Yellow' alert for today, Heavy rainfall alert: IMD issues red alert in Himachal Pradesh's 7 districts, Himachal weather update: IMD warns of flash floods, avalanches in two districts, Sharad Pawar holds rally at Bhujbal's Yeola seat, apologises for making him MLA, US: Six killed as business jet crashes in California, Horoscope Today: Money astrological predictions for 9 July 2023, West Bengal Panchayat polls marred by violence, 12 dead; Here's top developments, Sharad Pawar says no problem if Ajit Pawar, other rebels decide to comeback, K. Rajaraman appointed as new chairperson of IFSCA. Offer valid up to 14th Sept 2021.. Cash Transaction Charges Banking Interest Rate Additional premium of 50 bps (over and above existing premium of 50 bps) over card rate for Public i.e., 100 bps over card . Should your retirement nest be far from the teeming crowd? Do you want to clear all the notifications from your inbox? ATM To Start receiving timely alerts please follow the below steps: For investment related articles, business news and mutual fund advise, Story first published: Tuesday, August 17, 2021, 12:22 [IST]. more, Gift The Senior Gateway is a one-stop website intended to provide seniors, their families, and caregivers with the information they need to connect to helpful services and resources, to find answers, and solve problems. Deposit Rates - Interest Rates - SBI We suggest investors to invest in fixed deposits for shorter term duration as interest rates would move higher in the longer term. A blessing for wealth creation is here for you! Right from your HDFC Bank Senior Citizen FD At 7.75% Deposit Rate, Last Date Is July 7 Senior citizens will get an interest rate ranging from 3.5 to 7.75%* on FDs maturing in 7 days to 10 years. Published Date:April 16, 2023 6:50 AM IST. branch Senior Citizens who make a deposit of less than 2 crores for a duration of 5 (five) years 1 day to 10 Years during the special deposit offer beginning from 18th May'20 to 30th Sep'21 will receive an additional premium of 0.25 percent over and above the existing premium of 0.50 percent. 100 whichever is lower, Savings The bank currently is offering a maximum 7 per cent rate of interest for fixed deposits of two years to less than three years, whereas the highest interest rates for senior citizens is 7.5 for the same tenure as well as for longer term under the SBI Wecare fixed deposit scheme, which has a 5-10 year deposit period.