If someone invests in SBI Senior Citizen RD Scheme, then they will be given interest at the rate of 6.75 percent to 7.25 percent (SBI RD Interest Rates).
If you deposit only 1 thousand rupees every month for 120 months i.e. 10 years, then you can become a millionaire by getting the strong interest being given by the bank.
The bank says that if a customer does not deposit six installments continuously after investing in this scheme, then his bank account will be closed. In such a situation, the balance amount of that customer will be paid into his savings account.