2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Union Bank of India
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State Bank of India
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Punjab National Bank
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Canara Bank
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Detailed explanation-1: -State Bank of India (SBI) Utsav Fixed Deposit (FD) Scheme 2022: State Bank of India (SBI) had launched the ‘Utsav’ Deposit scheme on August 15 this year to mark the 75th anniversary of India’s independence.
Detailed explanation-2: -SBI Utsav Fixed Deposit Scheme Benefits and Important Points This scheme offers an interest rate of 6.10 on fixed deposits of around 1000 days. This will be beneficial for elderly individuals who are SBI holders as the scheme will provide them with an interest rate of 0.50 more than the regular rate.
Detailed explanation-3: -On Utsav Fixed Deposit Scheme: SBI is offering an interest rate of 6.10% per annum on fixed deposits with a tenure of 1000 days.
Detailed explanation-4: -Under its Utsav Fixed Deposit Scheme, SBI is offering FDs with a term of 1000 days. Like other term deposits, senior citizens will be eligible for an extra 50 basis points (bps) interest on top of the standard rate applicable for general customers.