#1
October 31st, 2017, 02:24 PM
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State Bank of Hyderabad FD Rates
HI I would like to have information about the Fixed Deposit Scheme offered by State Bank of Hyderabad as well as the interest rate offered by the Ban for FD Scheme?
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#2
October 31st, 2017, 03:28 PM
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Re: State Bank of Hyderabad FD Rates
As of 1st April all the associate bank including the State Bank of Hyderabad has been merger with State Bank of India and there remains one entity State Bank of India. So the details provided are for State bank of India. State Bank of India (SBI) is one of the oldest bank in India founded as the Imperial Bank of India during the British times. The government owns the stakes of the bank which is an Indian multinational financial organization. Fixed Deposit (FD) is the safest of investments that provide high returns after a period. The interest provided on the FD is higher than the general savings account. The banks also offer loans at competitive rates against FD certificates. The rate of interest on FD in SBI differs with the maturity period. Fixed Deposit Rate of State Bank of India Tenure Interest Rates for Regular Deposit Interest Rates for Senior Citizen 7 days to 45 days 5.50% 6.00% 46 days to 179 days 6.50% 7.00% 180 days to 210 days 6.75% 7.25% 211 days to 364 days 7.00% 7.50% 1 year to 455 days 6.90% 7.40% 456 days to 1 year 364 days 6.95% 7.45% 2 years to 2 years 364 days 6.85% 7.35% 3 years to 10 years 6.50% 7.00% |
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