SBI WeCare FD. Before March 31, SBI is giving a chance to earn good profits, know what is VCare Special FD?

SBI WeCare FD: State Bank of India (SBI), the country’s largest public sector bank, is giving people a chance to earn profits on its WeCare Special FD scheme. And this scheme is going to close very soon. The last date to invest in SBI’s WeCare Special FD scheme is March 31, 2023, so investors who want to make profits with good and guaranteed returns should think about investing in this scheme as soon as possible.

SBI launched the WeCare FD Scheme in the year 2022 to benefit senior citizens during the Corona period. Although this scheme was about to end in the month of August last year, but later its last date was extended to 31 March. Now the last date to invest in this scheme is 31 March 2023. The bank is offering an additional premium of 30 BPS under the WeCare FD scheme.

Interest on WeCare FD Scheme

This excellent SBI FD scheme allows investors to invest for two years.You can invest for a period of five or ten years.According to SBI, the investor receives a 7.50% return on both tenures.The good news is that, just like a traditional FD plan, arrangements have been made to provide loans.

SBI is giving more benefits to seniors

SBI is currently providing numerous opportunities for senior citizens to profit from their fixed deposit schemes.After raising the repo rate, the bank is now paying 6.50 percent interest on 3- to 5-year FDs to senior citizens.Senior citizens receive 7.50 percent interest on 5- to 10-year fixed-term deposits.In such a case, senior citizens can benefit from investing in FDs here