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.
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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 46 days to 179 days 180 days to 210 days 211 days to less than 1 year 1 year to less than 2 year 2 years to less than 3 years 3 years to less than 5 years 5 years and up to 10 years
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