SBI Electronic Fixed Deposits (FDs): Interest Rates, Tenure, Details
State Bank of India (SBI) offers attractive interest rates on fixed deposits (FDs). Fixed deposit, a popular savings instrument offered by banks and financial companies, assures of a fixed interest rate on customers' investments. The biggest advantage of investing in FDs is that the investment is secure against volatility linked to other market-based savings instruments like bonds and shares. That is why FDs are apt for risk-averse investors. SBI recently revised interest rates on its FDs. The interest rates for senior citizens are slightly higher than those for others, according to SBI's website, sbi.co.in.
(Also Read: How SBI Savings Plus Account Can Help You Earn Higher Interest)
SBI also offers e-TDR/e-STDR options to its customers. e-TDR are electronic term deposits while e-STDR are electronic special term deposits. Fixed deposits are also known as term deposits. SBI's e-TDR/e-STDR allow customers to open and close fixed deposits online.
Â
Make the most of your investments with SBI's e-TDR / e-STDR service. Visit: https://t.co/qSh5kZmihw #RINB #StateBankOfIndia #TermDeposits
Here are five things to know about SBI's online fixed deposits as given on onlinesbi.com, SBI's website:State Bank Of India (SBI) ATM Cash Withdrawal Limit ExplainedLatest Bank FD Interest Rates Offered By SBI, HDFC Bank, ICICI Bank, Indian Overseas BankSBI Savings Accounts Compared To Post Office Savings Accounts
#LifeInLineWithSBIOnline #RINB #StateBankOfIndia #StateBank #SBI #NetBanking #OnlineBanking #DigitalBanking #IndianBanking #Banking pic.twitter.com/Qa0RucB3uW— State Bank of India (@TheOfficialSBI) April 11, 2018tax-saving fixed deposits
Tenors Existing for Public w.e.f. 28.02.2018 Revised For Public w.e.f. 28.03.2018 Existing for Senior Citizens w.e.f. 28.02.2018 Revised for Senior Citizens w.e.f. 28.03.2018 7 days to 45 days 5.75 5.75 6.25 6.2546 days to 179 days 6.25 6.25 6.75 6.75180 days to 210 days 6.35 6.35 6.85 6.85211 days to less than 1 year 6.4 6.4 6.9 6.91 year to less than 2 year 6.4 6.4 6.9 6.92 years to less than 3 years 6.5 6.6 7 7.13 years to less than 5 years 6.5 6.7 7 7.25 years and up to 10 years 6.5 6.75 7 7.25
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.