Category: State Bank of India

SBI Annuity Deposit Scheme: The State Bank of India (SBI) has introduced an annuity deposit scheme. The one-time lump sum amount is deposited and it is paid back to customers in equated monthly installments (annuity) with the principal and interest amount. This scheme is mainly considered for senior citizens, Pensioners, and those who need no…

SBI Savings Account for Minors is a savings scheme offered by the State Bank of India for the children below the age of 18 years. Ensures that children learn to manage their finances and also know about the importance of savings. SBI offers two schemes under the minor category, such as Pehla Kadam and Pehli…