Sbi deposits FD 3 special features customers avail. During the Corona period, most banks in the country have reduced interest on fixed deposits i.e. FDs. The biggest loss has been to those who deposit money in the bank for returns or profits. With the lowering of interest, such people are now getting less profit.
However, most banks, including SBI, also offer certain features on fixed deposits. Very few people are aware of it. Today we will tell you about the facilities available on SBI FD.
Sbi deposits FD 3 special features customers avail
You can avail interest on SBI fixed deposits as per your requirement. Meaning if you need interest every month, it will be available. There is also an interest-taking facility on a quarterly basis.
Rs 10,000 for senior citizens Get 0.25% additional interest on deposits of more. In addition, SBI has recently launched a special deposit scheme for senior citizens. The interest under the scheme will be higher than the general depositors. The deadline for joining the scheme is September 30.
You can avail a loan or overdraft of up to 90% of the principal deposit at a lower rate of interest. If you want to avail a loan against FD, you need to visit sbi’s website- onlinesbi.com and login here with user ID and password.
In addition, the customer can also contact the branch to avail this facility.