If you are looking for security and a great option for yourself where you can invest now, then today we are going to tell you about the FD scheme run by State Bank of India, which is very important for the people of today. Considered a popular skim. You can make your investments now through a special team and get great returns from the bank. Today we are going to give you detailed information about this scheme. Let us know about it.
SBI Saving Scheme
At present, State Bank of India has provided many great options for its customers from where you can enter, many of whom have invested their money. In such a situation, if you want to invest then you can go to your nearest branch bank under which you can open your fixed deposit account. Along with this, you can also open your account through online medium. Can start investing.
Make Rs 1000 for this investment. If you have already invested then let us tell you that if you open an account now, then you can start investing with just Rs 1000, that is, you can start investing with only Rs. 1000. After this, you can invest as much as you want as per your wish. Currently, the annual interest rate ranging from 3% to 60% is being provided in this scheme.
You will get a return of Rs 3.5 lakh
If you are willing to invest under this scheme, then for your information, let us tell you that if you invest in this situation, then you can invest for 7 days to 10 years. In such a situation, if you invest let’s say Rs 3.5 lakh together, then you get a majority period of at least 5 years in this scheme. The bank gives you an interest rate of 6.5% and if you look at it according to the calculation, then after maturity of 5 years you will get Rs 4 lakh 83 thousand 147.
