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SBI special deposit scheme launched check last date interest rate and other scheme details

SBI special deposit scheme launched: SBI has launched a scheme called SBI Platinum Deposits. Which customers can do till September 14,

SBI special deposit scheme launched: State Bank of India has started a special scheme on the occasion of 75th Independence Day. State Bank of India has shared an information with the people regarding the Special Deposit Scheme. SBI has started a scheme called SBI Platinum Deposits. Which customers can do till September 14, many benefits are being given by the bank under this.Also Read:Best prepaid Plan with up to 2GB daily data under Rs 200, check all offers




State Bank of India tweeted from its official Twitter handle that the time has come to celebrate the independence of the country with Platinum Deposits. Take advantage of term deposits and special term deposits in association with SBI. This offer will be valid only till 14 September 2021. Customers making deposits by 14 September 2021 will be able to take advantage of this.Also Read: How to file ITR on the new website of Income Tax, know every step here with pictures!

What is Special Deposits Scheme

If you are thinking of depositing lump sum money somewhere, then SBI’s Platinum Deposits scheme is of your use. In SBI Platinum Deposit, the customer can get the money fixed for 75 days, 525 days and 2250 days. On the other hand, domestic retail term deposits (less than Rs 2 crore) including NRE and NRO term deposits can take advantage of this scheme. The interest rate available in this is also higher as compared to other deposit schemes.Also Read: Sarkari Naukari: Vacancy for many posts in SBI, apply like this




Know the interest rate and other features of the scheme

State Bank of India has started this scheme from the day of Independence i.e. 15th August. The last date for conducting this has been kept as 14 September 2021. Under this scheme, 3.90% interest will be given on 75 days term deposit. At the same time, it is proposed to pay 3.95% interest on platinum deposits. Currently 5.00% interest is available for the time frame of 535 days. But only 5.10% interest will be available on Platinum. At the same time, it is proposed to pay 5.55% interest on 2250 days term deposit instead of 5.40%. That is, if you want more interest on your money in less time then you can take advantage of this scheme.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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