SBI We-care Senior Citizens FD Calculator: With last 4 days to invest; how much will you get on Rs 1 lakh, Rs 3 lakh, Rs 5 lakh and Rs 9 lakh investments in 5 years
SBI We-care Senior Citizens FD: The last date to invest in SBI We-care Term Deposit is September 30. The interest rate in its 5- and 10-year FD scheme is 7.50 per cent.
SBI We-care Senior Citizens FD Scheme Calculator, Deadline: SBI We-care Senior Citizens Term Deposit Scheme is a special fixed deposit (FD) scheme for a limited period. The deadline to invest in the scheme is September 30. India's top lender is yet to come up with an announcement if it will extend the last date to invest. The scheme launched in May 2020 was for a limited period. Its deadline has been extended time and again. In this write-up, know more about the scheme and what a senior citizen will get on investments of Rs 1 lakh, Rs 3 lakh, Rs 5 lakh, and Rs 9 lakh.
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SBI We-care: Eligible Customers
The FD scheme caters to senior citizens.
SBI We-care: Terms of policy
Policies are available for 5 years and 10 years.
SBI We-care: Interest rate
The interest rate provided under the policy is 7.50 per cent.
SBI We-care: How to invest
One can invest through an SBI branch, SBI internet banking, and the SBI Yono app.
SBI We-care: Is loan facility available?
The FD provides the facility for the loan against FD.
SBI We-care: How much TDS will be cut?
TDS will be calculated as the conditions of the Income Tax Act, 1961.
SBI We-care: Maturity amount on Rs 1 lakh investment in 5 years
The estimated return on Rs 1 lakh investment will be Rs 44,995, and the estimated maturity amount will be Rs 1,44,995.
SBI We-care: Maturity amount on Rs 3 lakh investment in 5 years
The estimated return on the Rs 3 lakh investment will be Rs 1,34,984, and the estimated maturity amount will be Rs 4,34,984.
SBI We-care: Maturity amount on Rs 5 lakh investment in 5 years
The estimated return on the Rs 5 lakh investment will be Rs 2,24,974, and the estimated maturity amount will be Rs 7,24,974.
SBI We-care: Maturity amount on Rs 7 lakh investment in 5 years
The estimated return on the Rs 7 lakh investment will be Rs 3,14,964, and the estimated maturity amount will be Rs 10,14,964.
SBI We-care: Maturity amount on Rs 9 lakh investment in 5 years
The estimated return on the Rs 9 lakh investment will be Rs 4,04,953, and the estimated maturity amount will be Rs 13,04,953.