<ul><li>The State Bank of India (SBI) has introduced two new deposit schemes—Har Ghar Lakhpati and SBI Patrons—to offer customers greater financial flexibility.</li><li>Har Ghar Lakhpati is a pre-calculated Recurring Deposit (RD) scheme aimed at helping customers accumulate Rs 1,00,000 or its multiples.</li><li>SBI Patrons is a specialised Term Deposit scheme created for seniors aged 80 years and above, offering enhanced interest rates.</li><li>SBI has also launched a TAB-based digital onboarding procedure to streamline the opening of NRE and NRO accounts.</li></ul>

SBI launches Har Ghar Lakhpati and SBI Patrons deposit schemes

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