SBI launches 'Har Ghar Lakhpati' and 'SBI Guardians' savings schemes, know details of both

SBI Har Ghar Lakhpati Scheme: Both the schemes offered by SBI have been launched keeping in mind the financial goal of the customer. The bank has promised to pay more interest than normal to the senior citizens in SBI Patterns.

SBI New Savings Scheme: State Bank of India (SBI), the country's largest public sector bank, has announced the launch of two new deposit schemes for crores of customers. The launch of two schemes was announced through a press note issued by SBI. The name of both the new deposit schemes is 'Har Ghar Lakhpati' and 'SBI Patrons'. According to SBI, 'Har Ghar Lakhpati' is a pre-calculated de-keeping deposit scheme, which is designed to help customers save Rs 1 lakh or multiple.

It will help achieve financial goals

New schemes help in achieving your financial goals, so that customers can plan and save better. This SBI product is also available to minors, which encourages early financial planning and saving habits in children. Apart from this, SBI has launched 'SBI Patrons' Special FD Scheme for selected senior citizens. This scheme has been prepared for the elderly aged 80 years and above.

Under the new scheme 'SBI Patrons', the interest rate is higher than normal. It is available to both old and new FD investors. According to SBI, it is clear from the new scheme that the bank is putting a lot of emphasis on 'doing new things'. The bank is trying to keep him at the forefront of depositing money. SBI Chairman CS Shetty said, "Our aim is to create savings products that not only give good returns but also match the wishes of customers and their financial goals."

SBI has also introduced other deposit schemes with higher interest rates for its customers. For example, SBI V-Care Deposit Scheme offers an interest rate of 7.50% to senior citizens for a period of 5 to 10 years. Similarly, SBI offers 444 days FD scheme (Amrit Vrishti) to senior citizens with an interest rate of 7.75%. The deadline for the scheme has been extended to March 31, 2025.