State Bank of India has introduced a fantastic scheme for its customers called the Multi Option Deposit Scheme (MODS). It's a better investment option than a Fixed Deposit. Let's find out more details ...
Key features of the SBI Fixed Deposit Scheme ... You can open an FD by visiting your nearest SBI branch or through SBI's online banking platform. Choose your deposit amount and tenure: Choose ...
It offers competitive interest rates, guaranteed returns, and capital safety, but with penalties for premature withdrawals and delayed payments.
Banks have started offering higher returns on FDs amid fierce competition to raise more deposits. While leading banks such as SBI and HDFC were the first to raise interest rates on FDs, smaller banks ...