New Delhi: The last date of Fixed Deposit Scheme Golden Years FD (Golden Years FD) has been reached out by ICICI Bank. If you have not had the option to put resources into this plan yet, then, there is still time. One can put resources into this plan of ICICI Bank till eighth April 2022. Prior its last date was 31 March.
Higher interest than ordinary FD
Then again, State Bank of India (SBI) has likewise broadened the last date for interest in ‘WeCare SBI’ plan to 30 September. Under this plan of the two banks, senior urban communities are getting more interest than ordinary FD.
What is Golden Years FD Scheme?
ICICI Bank has begun an extraordinary scheme for senior citizens under the Golden Years FD scheme. The individual putting resources into this gets 0.75% more interest than the ordinary FD. As of now ICICI Bank is giving 5.60% premium on residencies going from 5 to 10 years. In any case, under this plan, senior residents will get 6.35% yearly interest. This plan is applicable on deposits of Rs 2 crore for a very long time 1 day to 10 years.
SBI’s ‘WeCare’ scheme
You can now put resources into SBI’s ‘WeCare’ extraordinary deposit plot till 30 September 2022. Prior its last date was 31 March 2022. In this plan, senior residents will get 0.80% more interest than typical FD on FD of 5 years or more. As of now SBI is giving greatest interest of 5.40% on FD. That is, with 0.80% more in this plan, it will become 6.20%.
