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January 20th, 2018, 09:30 AM
Super Moderator
 
Join Date: Mar 2012
Re: Interest Rate Of State Bank Of India

As you Asking for the Interest Rates of the Fixed Deposit of the State Bank of India The Interest Rates Are given below

Fixed Deposit (FD) is the safest of investments that give high returns after a period. The interest provided on the FD is more than the general savings account. The banks also offer loans at competitive rates in exchange of the FD certificates.

At present, the highest rate of interest provided on SBI FDs for individuals is 6.25% p.a, while the highest rate of return offered to senior citizens is 6.75% p.a. There are various advantages of opening an FD with SBI:

SBI FDs offer competitive industry rates
Flexible tenure options
Higher rate of interest for senior citizens
Different interest payout options such as monthly, quarterly, etc

Fixed Deposit Interest Rates

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 6.50% 7.00%
211 days to 364 days 6.50% 7.00%
1 year 6.50% 7.00%
1 year 1 day to 1 year 364 days 6.50% 7.00%
2 years to 10 years 6.25% 6.75%


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