Fixed Deposit Interest Rates Vs SBI Bank; Today Is Last Day Of SBI Special Scheme | Today is the last day of SBI’s special scheme; Processing fee will not have to be paid if you apply for loan, you will get more interest on FD too

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  • Fixed Deposit Interest Rates Vs SBI Bank; Today Is Last Day Of SBI Special Scheme

New DelhiOne hour ago

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The country’s largest bank State Bank of India (SBI) started a special offer on Independence Day last month. Under this, SBI had decided not to charge processing fees on loans along with paying higher interest on deposits. This offer ends today i.e. on September 14. In such a situation, if you want to get FD or want to take a loan, then you can take advantage of this scheme.

More interest will be available in ‘SBI Platinum Deposit’
SBI had launched a special deposit scheme named ‘SBI Platinum Deposit’ on August 15. By investing under this scheme, you will get up to 0.15% more interest as compared to normal deposits. The benefit will be available on investing for 75 days, 525 days (75 weeks) and Platinum for 2250 days (75 months). SBI is currently offering a maximum interest of 5.40% on deposits (FDs).

Waiver of processing fee on loan
SBI had also decided not to charge processing fees on home, personal, car and gold loans till September 14. Apart from this, you will also get a special discount on taking a loan.

Interest rate discount on gold and car loan
SBI had decided to offer a discount of 0.50% on gold loans and 0.25% on car loans. You need to apply through YONO app to avail discount on car loan. Now you will get Gold Loan and Car Loan at 7.50% interest rate. Apart from this, Corona Warrior is getting an additional discount of 0.50% on personal loan. All these discounts will be available till September 14.

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