SBI should note that after March 31, lakhs of customers will not get the benefits of these schemes

SBI Special FD Scheme: SBI provides many special facilities to its customers. The country's largest government bank is giving the benefit of higher interest on FD (SBI FD) to its customers, but you can avail this benefit only till 31st March. You can avail the benefits of SBI Amrit Kalash Scheme and Waycare Scheme only till 31st. If you have not invested in this scheme yet, there is still a chance. In these schemes you get the benefit of more than 7 percent interest.

State Bank of India provides special FD facility to the customers. The name of this FD is Amrit Kalash. The last date to invest in this is 31st March. This scheme gives interest at the rate of 7.10 percent on FD of 400 days. It also has money back guarantee. In this scheme, interest is given only on maturity of fixed deposit. Suppose you have made a fixed deposit for 400 days and if you withdraw the money before that, then an amount of 0.50 to 1 percent is deducted as interest penalty on withdrawal of the deposit amount.

The facility of WeCare scheme is being provided by State Bank of India, but you can avail its benefit only till 31st March. SBI customers are getting the benefit of higher interest on WeCare FD. In this scheme of SBI, interest is being given at the rate of 7.50 percent.

This is a type of domestic term deposit scheme, in which you can invest less than Rs 2 crore for a minimum of 5 years and maximum of 10 years. Under this scheme you also get loan facility. Along with this, you also get the benefit of interest on maturity.

SBI WeCare Senior Citizens FD scheme was launched in May 2020, which has been expanded several times since then. SBI launched a special FD scheme aimed at giving higher interest to senior citizens on their fixed deposits.