SBI FD Rates: State Bank of India pays these returns to senior citizens and other depositors on 1-year, 3-year and 5-year fixed deposits now
SBI Guaranteed Return Scheme: State Bank of India provides 7.75 per cent interest rate on 444 days - Amrit Vrishti scheme.
People who don't want to take any risk mostly opt for fixed-deposit (FD) investment options. FDs provide guaranteed returns which you are promised at the time of deposit and they don't impact due to market fluctuations. Some FDs also provide tax-saving benefits.
SBI FD interest rate
This article will discuss what public lender SBI is providing to senior citizens and general citizens on fixed deposits. Take a look:
SBI FD rate for general citizens
SBI provides a little lower interest rates to general citizens than senior citizens.
SBI FD Rate for 444-day investment
On 444 days - Amrit Vrishti scheme, SBI gives 7.25 per cent interest rate to general citizens.
SBI FD Rate for 1-year investment
SBI gives 6.80 per cent interest rate on 1-year FD investment.
SBI FD Rate for 3-year investment
SBI gives 6.75 per cent interest rate on 3-year FD investment.
SBI FD Rate for 5-year investment
SBI gives 6.50 per cent interest rate on 5-year FD investment.
SBI FD rate for senior citizens
444 days - Amrit Vrishti scheme, SBI gives 7.75 per cent interest rate.
SBI FD Rate for senior citizens: 1-year investment
SBI gives 7.30 per cent interest rate on one year FD investment.
SBI FD Rate for senior citizens: 3-year investment
SBI gives 7.25 per cent interest rate on 3-year FD investment.
SBI FD Rate for senior citizens: 5-year investment
SBI gives 7.50 per cent interest rate on 5-year FD investment.