SBI Bank Hikes Fixed Deposit Interest Rates: Check Latest FD Rates
24htopnews | June 12, 2024 6:43 PM CST
SBI Bank has recently increased its Fixed Deposit (FD) interest rates by 75 basis points, elevating the attractiveness of this traditional investment avenue. SBI's recent move includes a significant increase in FD rates across various tenures. For instance, deposits maturing between 46 days and 179 days have been hiked from 4.75 per cent to 5.50 per cent, while the rate for the tenure of 180 days to 210 days has risen from 5.75 per cent to 6 per cent.
SBI Fixed Deposit Interest Rates 2024
SBI FD Intrest Rates On Deposits Less Then Of 2 Crores
| Period | Interest Rates (per annum) | |
| General Public | Senior Citizens | |
| 7 days to 45 days | 3.50 per cent | 4.00 per cent |
| 46 days to 179 days | 5.50 per cent | 6.00 per cent |
| 180 days to 210 days | 6.00 per cent | 6.50 per cent |
| 211 days to less than 1 year | 6.25 per cent | 6.75 per cent |
| 1 year to less than 2 year | 6.80 per cent | 7.30 per cent |
| 2 years to less than 3 years | 7.00 per cent | 7.50 per cent |
| 3 years to less than 5 years | 6.75 per cent | 7.25 per cent |
| 5 years and up to 10 years | 6.50 per cent | 7.50 per cent |
| 400 days (Amrit Kalash) | 7.10 per cent | 7.60 per cent |
SBI FD Rates on Deposit of Rs. 2 Crore and above
| Period | Interest Rates (per annum) | |
| General Public | Senior Citizens | |
| 7 days to 45 days | 5.25 per cent | 5.75 per cent |
| 46 days to 179 days | 6.25 per cent | 6.75 per cent |
| 180 days to 210 days | 6.60 per cent | 7.10 per cent |
| 211 days to less than 1 year | 6.75 per cent | 7.25 per cent |
| 1 year to less than 2 years | 6.80 per cent | 7.30 per cent |
| 2 years to less than 3 years | 6.75 per cent | 7.25 per cent |
| 3 years to less than 5 years | 6.25 per cent | 6.75 per cent |
| 5 years and up to 10 years | 6.00 per cent | 6.50 per cent |
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