SBI Bank Alert to 44 Crore customers: SBI, the largest public sector bank in the country, has informed its account holders that if all the rules are not followed, the services of the bank will be affected. There is also a big news about FD.
- Two big news related to the banking sector
- Link PAN with Aadhaar by June 30
- Offer in senior citizen category
New Delhi: In the Corona era, everyone’s focus is on saving expenses along with increasing their income. In such a situation, it is necessary to bring every update on the news related to the banking sector to you. In this regard, let us tell you that some banks are giving special offers to senior citizens. At the same time, the most important news is that if you have not yet linked your PAN card and Aadhar card, then get it done immediately. That is because if you miss it, then you can be fined one thousand rupees in difficult times.
Last warning to account holders!
Actually, the Income Tax Department has fixed 30 June 2021 as the last date for linking PAN card with Aadhaar card. If you do not do this by June 30, then your PAN card will become inactive. Apart from this, under the Income Tax Act, you will have to pay a fine of Rs 1000.
‘SOS message from SBI’
Along with this, State Bank of India has also said that if the prescribed rules are not followed, the ongoing services of the customers will also be affected. The bank has informed its customers that if they fail to link their PAN card with Aadhaar, it will be deactivated or deactivated. The bank has given this information on its official Twitter handle TheOfficialSBI. The bank has asked its customers to link their PAN card with Aadhaar number to avoid any inconvenience and enjoy uninterrupted banking services.
We advise our customers to link their PAN with Aadhaar to avoid any inconvenience and continue enjoying a seamless banking service.#ImportantNotice #AadhaarLinking #pancard #AadhaarCard pic.twitter.com/LKIBNEz7PO
— State Bank of India (@TheOfficialSBI) May 31, 2021
Big news from the banking sector
Talking about another big news from banks, its duration is also 30 June. In fact, SBI, HDFC Bank, ICICI Bank and Bank of Baroda were offering special FDs to senior citizens, which is now going to close on 30 June 2021. Actually, these banks had brought a special offer for the elderly in May 2020 last year.
Under this, an additional interest of up to 0.50 per cent was offered to senior citizens in FDs with selected maturity period over and above the applicable interest rate. The validity of this offer was 31 March which was extended to 30 June 2021. That is, now they have only three weeks left to take this advantage.
so much profit in these banks
At present, common citizens get 5.4% interest in SBI for a period of 5 years. But if a Senior Citizen takes FD under the Special FD Scheme, then he will get 6.20% interest. At the same time, HDFC Bank had introduced Senior Citizen Care. The bank gives 0.75% more interest on these. If a senior citizen takes a Fixed Deposit (FD) under its Senior Citizen Care FD, then the applicable interest rate on it will be 6.25%.
Similarly, ICICI Bank had introduced the ICICI Bank Golden Years scheme, a special FD scheme for senior citizens. The bank is offering 0.80% more interest in this scheme. On the other hand, ICICI Bank Golden Year FD scheme is offering an interest rate of 6.30% per annum to senior citizens.