India’s largest lender State Bank of India offers eight maturity options for retail fixed deposits, or fixed deposits up to Rs 2 crore. The maturity period starts at seven days and extends to as long as 10 years.
- State Bank Of India Fixed Deposit Rates
- State Bank Of India Fixed Deposit Rates 2020
- State Bank Of India Fixed Deposit Rates 2017
- State Bank Of India Fixed Deposit Calculator
- Indian Bank Fixed Deposit Rates
- What Is The Fd Rate Of Sbi
SBI offers interest rates of 2.9 percent to 5.4 percent to its general depositors and 3.4 percent to 6.2 percent to its senior citizens’ customers on retail FDs.
SBI changes interest rates from time to time on the basis to align them with benchmark rates. These interest rates are effective from September 10.
Check out SBI fixed deposit rates:
SBI FD rates refer to the rates at which interest is paid on a fixed deposit account for a tenure ranging between 7 days to 10 years. There is a competitive and higher interest rate on FD in SBI ranging from 2.90% to 4.40% per annum on the investment tenures between 7 days and 365 days, for. SBI Fixed Deposits Interest Rates. State Bank of India is the largest public sector bank in India. It offers various fixed deposit products to its customers at attractive rates of interest. The SBI interest rates change at frequent intervals. Similarly, they have different rates of interest depending on the principal deposit.
Maturity Period
General
Senior Citizen
7 days to 45 days
2.9%
3.4%
46 days to 179 days
3.9%
4,4%
180 days to 210 days
4.4%
4.9%
211 days to 365 days
4.4%
4.9%
1 year to 2 years
4.9%
5.4%
State Bank Of India Fixed Deposit Rates
2 years to 3 years
5.1%
5.6%
3 years to 5 years
5.3%
5.8%
State Bank Of India Fixed Deposit Rates 2020
5 years to 10 years
5.4%
6.2%
Source: sbi.co.on
India’s largest private sector lender HDFC Bank on fixed up Rs 2 crore, 12 maturity options are offered with varied interest rates by HDFC Bank. Maturity period starts from 7 days up to 10 years. Bank provides 2.5 percent for 7 to 14 days to general customers and an additional 0.5 percent to senior citizens on fixed deposits. HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020.
Maturity Period
General
Senior Citizens
7-14 days
State Bank Of India Fixed Deposit Rates 2017
2.5%
3%
15-29 days
2.5%
3%
30-45 days
3%
State Bank Of India Fixed Deposit Calculator
3.5%
46-60 days
3%
3.5%
61-90 days
3%
3.5%
91 days – 6 months
3.5%
4%
6 months – 9 months
4.40%
4.90%
1 year 1 day – 2 years
4.90%
5.40%
2 years 1 day – 3 years
5.15%
5.65%
Indian Bank Fixed Deposit Rates
3 years 1 day – 5 years
5.30%
5.80%
5 years 1 day – 10 years
5.50%
6.25%
What Is The Fd Rate Of Sbi
Source: HDFC Bank website