New Saving Scheme: This government bank of the country has started a new saving scheme, this special facility will be available with guaranteed returns

Bank of Baroda’s BOB Flexi SDP is a special saving scheme, in which you can earn good profits along with saving by investing a little every month. Let’s know about the details of this scheme.

New Saving Scheme: Different banks of the country run many types of savings schemes for their customers, in which customers can earn profit by investing. Now Bank of Baroda i.e. BOB, one of the largest government banks in the country, has introduced a new savings scheme. The name of this scheme is BOB Flexi Systematic Deposit Plan (BOB Flexi SDP). Under this scheme, investors can invest a little every month and can earn along with saving. Let’s know.

BOB Flexi SDP

BOB’s Flexi SDP is a type of recurring deposit (RD), in which you have to invest every month for a fixed time. You get a good interest rate return on investment in this scheme, which leads to earning. In this scheme, you can invest for a period of 6 months to 5 years.

Why is BOB Flexi SDP special

The special thing about BOB Flexi SDP is that in this scheme you can adjust your monthly installment according to your budget, that is, the investor gets flexibility in this scheme. In this, you can increase your monthly EMI up to 10 times the base EMI. In this scheme, you can start your investment with Rs 500 every month. At the same time, the maximum limit of investment is Rs 1 lakh per month.

Returns in BOB Flexi SDP

Now let’s talk about the interest rate of BOB Flexi SDP, that is, the interest rates in this scheme are fixed. In this scheme, the interest rates for a period of 2 years are 6.50 percent per annum. At the same time, this interest is 7 percent for senior citizens and for super senior citizens, this interest rate is 7.10 percent.

The post New Saving Scheme: This government bank of the country has started a new saving scheme, this special facility will be available with guaranteed returns first appeared on informalnewz.

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