SBI FD interest rates hike: Investing in fixed deposits is often considered the first choice of people because in this your money is safe and the bad condition of the market (Best FD schemes) does not have any effect on it.
If you are also planning to invest in FD, then let us tell you, the country’s largest government bank SBI has given a gift to its crores of customers. Actually, the bank is offering strong interest on some of its special FDs. Let us know about it in detail in the news below-
If you want to invest in Fixed Deposit i.e. FD, then this news is useful for you. Actually, the country’s largest government bank, State Bank of India (SBI FD interest rate) has given great news to its investors. The bank has increased the interest rate on Fixed Deposit i.e. FD (SBI FD rates hike). SBI has increased the interest rates on FDs of less than Rs 3 crore. The new rates have come into effect from June 15, 2024. Now SBI investors can get more profit on FD.
SBI has increased the interest rate by 25 basis points (0.25%) on deposits of certain duration. The bank has increased the interest on FDs with tenures ranging from 180 days to 210 days (SBI FD benefits) and from 211 days to less than a year.
SBI FD rates-
7 days to 45 days: For general public – 3.50%; For senior citizens – 4%
46 days to 179 days: For general public – 5.50%; For senior citizens – 6%
180 days to 210 days: For general public – 6.25%; For senior citizens – 6.75% (SBI senior citizen FD interest rates)
211 days to less than 1 year: For general public – 6.50%; For senior citizen – 7%
1 year to less than 2 years: For general public – 6.80%; For senior citizen – 7.30%
2 years to less than 3 years: For general public – 7.00%; For senior citizen – 7.50% (Best SBI FD Schemes)
3 years to less than 5 years: For general public – 6.75%; For senior citizens – 7.25%
5 years to 10 years: For general public – 6.50%; For senior citizens – 7.50% (Top SBI FD investment schemes)
