Monday, October 26
In a move to attract deposits, the State Bank of India (SBI) on Friday said it has launched two new deposit schemes Har Ghar Lakhpati and SBI Patrons, designed to provide customers with greater financial flexibility and enhanced value. Recognising the widespread aspiration for financial security, Har Ghar Lakhpati a pre-calculated recurring deposit scheme designed to help customers accumulate Rs 1,00,000 or multiples thereof, SBI said in a statement. This product simplifies the process of achieving financial goals, allowing customers to plan and save effectively, it said. Besides, the bank also introduced SBI Patrons, a specialised term deposit scheme tailored for senior citizens aged 80 years and above. This product offers enhanced interest rates, recognising the long-standing relationshi
