SBI Mutual Fund has introduced two new investment options: SBI BSE PSU BANK INDEX FUND and SBI BSE PSU BANK ETF, both based on the BSE PSU Bank Index (BSE PSU Bank TRI). These New Fund Offers (NFOs) opened for subscription on March 17 and will be available for investment until March 20, 2025. SBI … Read more
If you have a State Bank of India (SBI) account and use the YONO mobile banking app, this update is important for you. SBI has announced that its YONO App will no longer support smartphones and tablets running on Android 11 or older versions. This decision has raised concerns among users who rely on the … Read more
The State Bank of India (SBI) has introduced the SBI WeCare Deposit Scheme specifically designed for senior citizens aged 60 and above. This scheme offers higher interest rates on Fixed Deposits (FDs) compared to the usual rates, making it a great option for senior citizens who want to keep their money safe and earn attractive … Read more
SBI Mutual Fund, the country’s largest mutual fund house, has introduced a new investment plan called JanNivesh SIP. This scheme allows people to start investing with just Rs 250, making mutual funds more accessible to the working class and lower-income groups. It offers daily, weekly, and monthly investment options, enabling even small savers to begin … Read more
SBI Mutual Fund, the country’s largest fund house, has launched a new open-ended scheme called the SBI Nifty IT Index Fund. This fund aims to track the performance of the Nifty IT Index. The New Fund Offer (NFO) is available from 4 February to 17 February 2025, making it an excellent opportunity for those interested … Read more
Many people believe that once they retire, they are ineligible for loans. However, if you receive a pension every month after retirement, you can still qualify for a loan even at the age of 60 or 70. The State Bank of India (SBI) offers a special scheme called the SBI Pension Loan Scheme, designed to … Read more
One of the main advantages of this account is that there is no penalty for not maintaining a minimum balance. You won’t be charged for falling below the required balance, which is different from other bank accounts. Additionally, there is no limit on the maximum amount you can keep in the account, offering more flexibility. … Read more
Many people in India trust government banks for Fixed Deposit (FD) investments because they are safe and provide a fixed interest rate. The State Bank of India (SBI) and Punjab National Bank (PNB) are two of the largest banks in India. This comparison of their 3-year FD interest rates will help you make a better … Read more
State Bank of India (SBI), the largest public sector bank in India, surprised its customers by announcing a 0.05 percent increase in its Marginal Cost of Funds Based Lending Rate (MCLR) on November 14, 2024. This increase comes despite a global trend of falling interest rates, with the Reserve Bank of India (RBI) expected to … Read more
How to register YONO SBI: SBI has published its most important and most usable and considerable mobile banking application for their users. And YONO SBI is the most used mobile banking application. You can find YONO SBI and YONO Lite SBI applications in Play Store and App Store both the application marketplaces. If you are … Read more
How to open SBI account online: get all the necessary information here. SBI has announced online bank account opening for zero-balance bank accounts. The zero-balance bank account provides you with many benefits you don’t have to maintain the balance in your bank account. And also you get one Rupay Debit Card with this account opening … Read more