Check Interest Rates Offered By State Bank Of India On Fixed Deposits

The State Bank of India (SBI) currently provides interest rates to the tune of 3.4-6.2 per cent to senior citizens, and 2.9-5.4 per cent to general depositors, on retail fixed deposits (FDs). The country's largest lender by assets, provides eight maturity options for FDs up to Rs 2 crore. The maturity period also known as the lock-in period starts at seven days and extends to as long as 10 years. The commercial banks such as State Bank of India, revises interest rates applicable to fixed deposits from time to time, to align with the benchmark rates. (Also Read: Up To 8.2% Annual Return On Fixed Deposit? Read This) .State Bank of India (SBI) currently provides these annual returns on retail fixed deposits (FDs):.SBI Fixed Deposit Rates.table.tble_wrap9 { border-top: solid 1px #ccc; border-left: solid 1px #ccc; xborder-right: solid 1px #ccc; font-size: 16px; } table.tble_wrap9 th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table.tble_wrap9 td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 18px; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table.tble_wrap9, thead, tbody, th, td, tr { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table.tble_wrap9, thead, tbody, th, td, tr { font-size: 14px; } table.tble_wrap9 th { padding: 4px; } table.tble_wrap9 td { padding: 4px; } /*table.tble_wrap9 th:nth-child(4), table.tble_wrap9 td:nth-child(4), table.tble_wrap9 th:nth-child(5), table.tble_wrap9 td:nth-child(5), table.tble_wrap9 th:nth-child(6), table.tble_wrap9 td:nth-child(6), table.tble_wrap9 th:nth-child(7), table.tble_wrap9 td:nth-child(7) { display: none; }*/ } /*Media Query END*/ . Maturity Period Interest Rate With Effect From September 10 Public Senior citizen Seven days to 45 days 2.9% 3.4% 46 days to 179 days 3.9% 4.4% 180 days to 210 days 4.4% 4.9% 211 days to less than one year 4.4% 4.9% One year to less than two years 4.9% 5.4% Two years to less than three years 5.1% 5.6% Three years to less than five years 5.3% 5.8% Five years and up to 10 years 5.4% 6.2% (Source: sbi.co.in) . These interest rates on retail domestic term deposits (below Rs 2 crore) have been effective since September 10, 2020. All figures in per cent are per annum. The bank provides different annual returns on retail domestic term deposits for Rs 2 crore and above.

Check Interest Rates Offered By State Bank Of India On Fixed Deposits

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP