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You are here: Home / Investment Options / SBI Annuity Deposit Scheme | Benefits, Eligibility, Interest Rate, Rules | Monthly Income Scheme

SBI Annuity Deposit Scheme | Benefits, Eligibility, Interest Rate, Rules | Monthly Income Scheme

Jane Sheeba · Leave a Comment

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SBI Annuity Deposit Scheme

The State Bank Of India offers various investment options for its customers.

When it comes to investment, the most common form of investment is a deposit – a fixed deposit or a recurring deposit is quite popular among people.

SBI’s Annuity deposit scheme is also a deposit scheme, like a FD, where you deposit a lump sump. However unlike an FD, you get monthly payouts in this scheme.

In today’s video I explain the features, benefits, eligibility, interest rate and rules of the SBI Annuity deposit scheme.

If you are interested in depositing a lump sum and would prefer to have regular payouts, watch today’s video fully!

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Banking Minutes is an amusing feather on my multi-passionate cap. Stay tuned to the site as well as the YouTube channel as I share handy banking tips. Don't forget to subscribe to the YouTube channel.

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