There are many changes in your life since yesterday. This includes cases related to SBI, Gold Bond Scheme, Jan Dhan Accounts. This change can affect your pocket.
This change will come next week
Jandan Khatoon and SBI have made major changes
This special effect will be on your pocket.
SBI reduced FD rate
The country’s largest state-run State Bank of India (SBI) has also cut interest rates on fixed deposits (FD). The new SBI rate will be applicable from 12 May 2020 on fixed deposits of less than Rs 2 crore. SBI has reduced the interest rates on FDs to 0.20 percent from 3 years. The country’s largest bank said in a statement, We are reducing the retail you term deposit rate over a period of 3 years, given the bank’s arrangement and the liquidity of the bank SBI FD rates which will be new applicable to general public from 12th May. Under this rule, 3.3 percent on 7-45 day FDs, 4.3 percent on 46-179 day FDs, 4.8 percent on 180 to 210 day FDs, 4.8 percent for 211 to 1 year, 5.5 percent for 1 to 2 years. , 5.5 per cent for 2 to 3 years and 5.7 per cent for FDs up to 5 years.
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Chance to buy cheap gold
In the midst of rising gold prices, the Modi government has come up with a plan to buy cheaper gold. The government has fixed the Sovereign Gold Bond 2020-21 at Rs 4,590 per gram. Subscriptions for Sovereign Gold Bond Scheme Series-2 can be filled from May 11, 2020 to May 15, 2020. The person investing in the scheme can buy gold bonds of maximum 500 grams in a financial year. It will be necessary to buy at least 1 gram of gold. You can save tax by investing in this scheme. The scheme will earn 2.5 percent annual interest.
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8 or 9-digit fuel account holders will be able to receive another installment of Rs.
Ration and economic assistance schemes for the poor are under lockout. The government has started giving another installment of 500 rupees in the account of women on the basis of Pradhan Mantri Jan Dhan Yojana. More than 10 crore Jan Dhan women account holders will get another installment this month. Based on the account number, the withdrawal facility of rupees has also been started from May 4. As of May 11, the final numbers are 8 and 9 digits. These account holders can withdraw money from their account.
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