#1
February 11th, 2013, 03:02 PM
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SBI Term Deposit Rates
I want to know the domestic term deposits interest rates of SBI so can you provide me that As you want to know the domestic term deposits interest rates of SBI so here is the information of the same: Some content of the file has been given here: The interest rate payable to SBI Staff and SBI pensioners will be 1.00% above the applicable rates. The rate applicable to SBI Pensioners of age 60 years and above will be 1.00% above the rate payable to resident Indian senior citizens i.e. SBI resident Indian Senior Citizen Pensioners will get both the benefits of Staff (1%) and resident Indian Senior Citizens (0.50%). For more information I am uploading a PDF file which is free to download: Last edited by Neelurk; March 13th, 2020 at 02:10 PM. |
#2
July 5th, 2020, 02:19 PM
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Re: SBI Term Deposit Rates SBI FD Interest Rates Tenure FD Rates Senior Citizen FD Rates 7 days – 45 days 4.50% 5.00% 46 days – 179 days 5.50% 6.00% 180 days – 210 days 5.80% 6.30% 211 days – 364 days 5.80% 6.30% 1 year – 1 year 364 days 6.10% 6.60% 2 years – 2 years 364 days 6.10% 6.60% 3 years – 4 years 364 days 6.10% 6.60% 5 years – 10 years 6.10% 6.60% The SBI FD tenures range from 7 days to 10 years he minimum deposit amount needed to open an FD in SBI is Rs. 1000, however, there is no limit on the maximum deposit Senior citizens can avail of a 0.25% extra interest rate for an amount exceeding Rs. 10,000 SBI Term wise Fixed Deposit Interest Rates Short-term Deposits: For an SBI FD with tenure ranging from 7 days to 365 days, the interest rate offered is from 4.50% p.a. to 5.80% p.a. These deposits are known as short term deposits as they have a tenure less than 1 year. For senior citizens, short term SBI FD rates range from 5.00% p.a. to 6.30% p.a. Medium-term Deposits: Medium-term fixed deposits have their tenures ranging from more than 1 year to less than 5 years. The interest offered by the bank on these deposits ranges from 5.80% p.a.-6.25% p.a. Long-term Deposits: These deposits’ tenure ranges from 5 years to 10 years and offers an interest rate of 6.10%. Senior citizens can avail of 6.60% p.a.a for such FDs. |
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