SBI FD Scheme: Rs 10 lakh will become Rs 20 lakh without any market risk; know how

 

State Bank of India gives 3 per cent to 6.5 per cent annual interest to regular customers and 3.5 per cent to 7.5 per cent to senior citizens on fixed deposits (FDs) of different maturities.

SBI FD Scheme: The risk of investing in the stock market is always high. Not every investor has the ability to take market risks. In such a situation, a strong and evergreen option for safe and fixed income for them is Bank Fixed Deposits (Bank FDs). A major feature of this deposit scheme is that senior citizens get more interest than regular customers on schemes of different maturities.

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