News India Live, Digital Desk: In today’s times, as important as it is to save money, it is more important to invest at the right place, where the risk is low and the benefits are high. And when it comes to the safest investment option, millions of Indians trust SBI’s FD (SBI Fixed Deposit). But do you know that SBI has a special FD scheme, which can give you much more benefits than other schemes?
Special FD Scheme for 1000 days: What is this scheme?
State Bank of India from time to time brings FD schemes of specific tenure for its customers. The tenure of the FD that is running at present is 1000 days (1000 Days FD). This special FD scheme is much discussed among investors due to its high interest rate.
- How much return will you get? Suppose, if you invest ₹ 1,00,000 (One Lakh Rupee) in this 1000 day scheme, then after completion of 1000 days (i.e. approximately 2 years and 9 months), you will get a total profit of ₹ 1,41,826 (Approximately 41.826% profit) including interest.
For whom is this investment best?
This FD scheme is especially best for those who:
- Those who do not want to take market volatility risk.
- Those who know that they will not need money for about 3 years (Money Needed After 3 Years).
- Those who are senior citizens, they get the benefit of higher interest rate (Extra Interest Rate for Senior Citizens) in this scheme.
Why does this work have to be done immediately?
See, banks bring such special FD scheme (SBI FD Interest Rate) only for a limited period of time. If you do not deposit money in this FD now, then it is possible that in a few weeks or months the bank may reduce its interest rate, or it may be closed altogether. So, if you have some extra savings, then without any delay invest in a 1000 day FD immediately through your nearest SBI branch or SBI online portal.
look news india