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The country’s largest public sector bank, SBI, is offering interest ranging from 3.30 per cent to 7.10 per cent on FD to its customers.

SBI Savings Scheme: This year has brought a lot of relief for a large section; on the other hand, many people are also getting disappointed. The Reserve Bank of India (RBI) has cut the repo rate by 1.00 per cent so far this year. While all types of loans have become cheaper due to the reduction in the repo rate by the RBI, on the other hand, the interest on savings schemes like FD has also decreased. However, some selected tenure FDs of banks are still getting great returns. Here we will tell you about such an FD scheme of the State Bank of India (SBI), in which a fixed interest of Rs 22,419 can be earned by depositing only Rs 1 lakh.

SBI is getting up to 7.10 per cent interest on FD

The country’s largest government bank, SBI, is offering its customers an interest of 3.30 per cent to 7.10 per cent on FD. FD can be done in SBI from 7 days to 10 years. State Bank of India is giving the highest interest rate of 6.6 per cent to general citizens and 7.10 per cent to senior citizens on the 444-day special Amrit Vrishti FD scheme. The country’s largest government bank is giving 66.30 per cent interest to general citizens and 6.8 per cent interest to senior citizens on a 3-year FD.

Deposit ₹1,00,000 and get fixed interest of ₹22,419

If you are a general citizen and deposit Rs 1,00,000 in a 3-year FD in the State Bank of India, then you will get a total of Rs 1,20,626 on maturity, which includes a fixed interest of Rs 20,626. If you are a senior citizen and deposit Rs 1,00,000 in a 3-year FD in the State Bank of India, then you will get a total of Rs 1,22,419 on maturity, which includes a fixed interest of Rs 22,419. Let us tell you that on the FD scheme, you get fixed interest with a guarantee after a fixed time, and there is no hesitation in this.

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