Fixed Deposit Scheme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

India Business News: The State Bank of India (SBI) has extended the deadline for applying for SBI WeCare, a fixed deposit scheme designed to provide higher interest rates to senior citizens for terms lasting between 5 to 10 years. According to ET, SBI WeCare was introduced to protect senior citizens' income by offering them extra interest.

India Business News: State Bank of India (SBI) has prolonged the availability of its Amrit Kalash special fixed deposit (FD) scheme, providing an opportunity for investors to benefit from higher interest rates, especially designed for retail customers including senior citizens.

Recently a host of banks including ICICI, SBI, Bank of India, Bank of Baroda revised their FD rates after the announcement of RBI monetary policy.

Bank of India introduces Super Special Fixed Deposit with an attractive interest rate of 7.50% p.a. for deposits between ₹2 Crores and below Rs. 50 Crores for a specific maturity period of 175 days.

Some of the deadlines that were not extended are the last date to file belated ITR, deadline to sign the bank locker agreement, renewal of inactive UPI, and no paper-based KYC for SIM cards.