SBI Saving Scheme: At present, everyone keeps a part of their income for saving. But it has become very difficult for investors to decide where to invest the saved money. In such a situation, the country’s largest bank SBI has given a special option to invest. Where you can invest your money safely and get great returns. Actually this is an FD scheme. Where a lump sum amount has to be deposited. In this FD scheme, a good return is obtained by the bank.
Let us tell you that these FD schemes of the bank are very popular among the people. In such a situation, if you are also planning to invest and want a great return on investment, then you can go to the nearest bank branch and open an account and get FD. Apart from this, you can also take the help of SBI Yono app. You can use this app sitting at home.
Start investing with just 1 thousand rupees
SBI is the largest government bank in the country. This bank introduces great schemes from time to time to make investors rich. The special thing about this FD scheme of SBI is that you can start investing by investing just 1 thousand rupees in it. There is no maximum investment limit. You can invest in it according to your wish.
For information, let us tell you that the bank has fixed the interest rates of FD scheme according to the period. Like common people are being given interest of 3 percent to 7 percent on investment. At the same time, extra interest is being paid to the elderly.
Bumper return will be available on investment of 3.5 lakhs
For information, let us tell you that any citizen of the country can invest in this scheme of SBI. In this, you can invest from 7 days to 10 years. In such a situation, if you assume that an account holder invests Rs 3.5 lakh, then he will be given interest at the rate of 6.5 percent on maturity of 5 years. According to the calculation, you will get Rs 4 lakh 83 thousand 147 on maturity of 5 years.
Documents required in SBI scheme
If you are thinking of investing in this scheme of SBI, then you can visit the nearest bank branch. Along with this, you can also avail the benefit of net banking. To avail the benefits of this scheme, you will need identity card, address proof and passport size photo.