SBI FD rates: Know what State Bank of India offering to general and senior citizens in 1-,3-,5-year FDs
Every bank provides different interest rates on different tenure FDs to general and senior citizens.
Fixed deposit (FD) is a savings scheme which is offered by all the banks to general and senior citizens. In this, we can deposit money for a certain period and get a fixed interest rate on a monthly, quarterly or yearly basis.
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FD interest rates
Every bank provides different interest rates on different tenure FDs to general and senior citizens.
State Bank of India (SBI) FD interest rate
Here is what State Bank of India (SBI) is offering to its general and senior citizen customers in fixed deposits (FDs). Take a look:
SBI: General Citizen FD rates
The bank offers 7.25 per cent interest rate on 444 days FD.
1-year FD
Interest rate: 6.8%
3-year FD
Interest rate: 6.75%
5-year FD
Interest rate: 6.5%
SBI: Senior Citizen FD rates
The bank offers 7.75 per cent interest rate on 444 days FD.
1-year FD
Interest rate: 7.3%
3-year FD
Interest rate: 7.25%
5-year FD
Interest rate: 7.5%