SBI was the first Indian bank to announce a special FD scheme for senior citizens called SBI We Care. Later, HDFC Bank and ICICI Bank also announced similar deposit schemes for seniors.
- SBI's We Care special deposit scheme provides an additional 30 basis points interest to senior citizens
- ICICI Bank's 'Golden Years FD’, offers senior citizens an interest rate of 6.55% per annum for deposits up to Rs 2 crore
- HDFC Bank Senior citizen Care FD offers an additional premium of 0.25% to Senior Citizens
New Delhi: India's largest public, private sector lenders including State ...
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