SBI customers alert! Earn more on fixed deposits under THIS scheme of State Bank of India, details here If a senior citizen is planning to open a new FD account, here is an opportunity to earn 0.80% more than a normal SBI FD investor. Share Updated: Jan 31, 2021, 10:23 PM IST If a senior citizen is planning to open a new FD account, here is an opportunity to earn 0.80% more than a normal SBI FD investor. The State Bank of India (SBI) extended the special Fixed Deposit scheme for senior citizens from December 31, 2020 to March 31, 2021. As per SBI's official website — sbi.co.in, a senior citizen will get 50 bps more than a normal FD investor while under Senior Citizen Special FD Scheme, the FD account holder will get an additional 30 bps FD interest rate.