FD for Senior Citizen: Investing in FD is considered a safe investment option. Many banks in India offer you a great interest rate on FD. In such a situation, if senior citizens make FD (Senior Citizen FD benefits), then they can get a lot of benefits due to this. SBI is offering great returns on FD to senior citizens. Know in the news how much return SBI is giving to senior citizens.

This scheme of SBI is great-.

Recently SBI has launched the Patrons FD Scheme (SBI Patrons FD Scheme). Under this scheme, only super senior citizens are being allowed to invest by SBI Bank. Under this scheme, only those people can invest (age limit of SBi Patrons FD Scheme) whose age is 80 years or more.

In this scheme, super senior citizens can start investing (investment in Patrons FD Scheme) with just Rs 1000. The maximum amount to invest in this scheme is Rs 3 crore. Talking about the investment period in the scheme, under this scheme you can invest for a period of 7 days to 10 years.

This much interest will be available in investing in the scheme-

If you invest under the SBI Patrons FD Scheme, then under this scheme you will be given bumper returns (return in Patrons FD Scheme). In this scheme, super senior citizens will be given an interest rate of 7.60 percent. The most special thing about this scheme is that you are given a great return on it.

Benefits from investing-

If you invest in SBI's Patrons FD Scheme (investment ideas for senior citizens), then if you invest Rs 15 lakh for the entire 5 years, you will be given a full Rs 21,85,62 on maturity (Patrons FD Scheme maturity amount). In this, you will be given Rs 6,85,621 only as your interest.

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