SBI Fixed Deposit Interest Rate: SBI FD Rates has been increased, check new rates

SBI Fixed Deposit Interest Rate: Individuals who have the FD in the SBI bank will be pleased to see that the bank has now increased the interest rate on the fixed deposit. This change will be beneficial for the customers of the bank. The State Bank of India has increased the interest rate on Fixed Deposits of below 2 crores. The rates are different for various tenure and customers. The minimum interest on a fixed deposit is now 2.90% and the maximum interest rate on the fixed deposit is now 5.40%. We have provided the list of the State Bank of India FD Interest Rate in different categories below in the article

SBI Fixed Deposit Interest Rate

The interest was last changed on 7 October 2021. The interest rate for the general customers ranges between 2.90% to 5.40%. Whereas the interest rate for the senior citizen ranges between 3.40% to 6.20%. The rate provided below is the interest rate per annum. Applicants who want to calculate the interest on their FD can check it from the official website of the State Bank of India. Undergo the article, to get detailed data concerning the interest rate of the SBI.

The interest rate on FD for regular customers

  • 7 to 45 days: 2.90%
  • 46 to 179 days: 3.90%
  • 180 to 210 days: 4.40%
  • 211 days to lower than 1 year: 4.40%
  • 1 year to lower than 2 years: 5%
  • 2 years to lower than 3 years: 5.10%
  • 3 years to lower than 5 years: 5.30%
  • 5 years and up till 10 years: 5.40%

The interest rate on FD for senior citizen

  • 7 – 45 days: 3.40%
  • 46 – 179 days: 4.40%
  • 180 – 210 days: 4.90%
  • 211 days to lower than 1 year: 4.90%
  • 1 year to less than 2 years: 5.50%
  • 2 years to lower than 3 years: 5.60%
  • 3 years to lower than 5 years: 5.80%
  • 5 years and up till 10 years: 6.20%

Individuals are informed that the interest changes from time to time. Check the website daily to get the latest update on the SBI Fixed Deposit Interest Rate. In case you have any doubts regarding the article, inform us in the comment segment provided below in the article. Thank you.

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