Recently State Bank of India (SBI) offered which of the

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The State Bank of India (SBI) offered an “Utsav Deposit” in honor of India’s 76th independence anniversary, Azadi Ka Amrit Mahotsav. The State Bank of India has introduced a unique term deposit program. The plan is valid beginning August 15, 2022, for a duration of 75 days. Under this scheme, there will be an interest rate of 6.10 percent per year on fixed deposits with a term of 1000 days. The scheme has an expiry date, which will last 75 days. But senior citizens of a particular age group will get 50% more in interest benefits than the usual accounts.