sbi wecare fixed deposit, jackpot for senior citizens.. a surprise no one expected! – sbi extends wecare special fixed deposit scheme for senior citizen till 2023 march 31st

SBI Bank has announced a happy news for senior citizens. SBI Bank launched the ‘Wecare Fixed Deposit’ scheme to provide additional income to senior citizens during the Corona crisis.

Senior Citizens are offered a higher interest rate than usual under this VeCare Fixed Deposit Scheme. This scheme is a relief to senior citizens during the Corona crisis. Because senior citizens mostly invest in fixed deposit schemes.

SBI Bank continued to extend the VeCare Fixed Deposit scheme even after the corona virus had subsided. In this case, SBI Bank has informed that the SBI VeCare Fixed Deposit Scheme has been extended till March 2023.

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Thus, senior citizens can invest and benefit from VeCare Fixed Deposit Scheme till March 2023. How much additional interest rate is available on VK Fixed Deposit Scheme?

Normally, fixed deposit schemes offer an additional 0.50% interest rate to senior citizens as compared to general customers. In addition to 0.50%, VeCare Fixed Deposit offers an additional 0.30% interest.

That is, senior citizens get a total additional interest rate of 0.80% on VeCare Fixed Deposit Scheme.