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Author: admin | Category: Loan Car Calculator | Date: 23.05.2014

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It is heartening note that when you are a retired SBI pensioner and aged more than 60, you will receive 1% more interest as you are an ex-employee in addition to 0.25 % more for the senior citizen.
More unique fact about the fixed deposit schemes of SBI is you can keep your money in the SBI fixed deposit accounts from 7 days to 10 years. SBI is the only organization that cares so exclusively for its retired pensioners, who are more than 60 years of age. In the fixed deposit schemes, you get the advantage of nominating persons as your legal heir.

For investing in FD, you need to apply in the concerned branch in SBI, where you hold your account.  The interest rate of the FD is given below.
By keeping their money, it gives 1% more than the usual interest in addition to 0.25% interest on money available for all the senior citizen investors.
Firstly, it has launched “SBI high return fixed deposit rates for its GBP deposits”.  For the depositors investing through US dollars, it has brought “US dollar high return fixed deposits”.
As a rare gesture, it has offered to pay more than 1% above the usual interest for the SBI pensioners and SBI staff. For the investors dealing in Euro, it has also declared high return FD for the Euro depositors.

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