India Business News: According to ET, the SCSS interest rate remains unchanged at 8.2% for January-March 2024. The scheme has a 5-year tenure (extendable by 3 years), with
HDFC Bank has yet again extended its senior citizens-only fixed deposit scheme. This special Senior Citizen Care FD offers higher interest rate benefits for senior citizens.
HDFC Bank Senior Citizen Care FD Scheme will give Resident Senior Citizen customers an additional interest rate on an FD of 0.50% for a limited time over and above the existing additional rate of 0.50% per annum, said the bank’s website.
The State Bank of India (SBI) has extended the deadline for applying for SBIWeCare. The scheme is available on fresh deposit and renewal of maturing deposits.