Wed, Oct 09, 2024
Compare SBI Sarvottam FD and Union Bank Sumvridhi FD for senior citizens. Discover key features, interest rates, and estimated returns on a Rs 5 lakh investment in these guaranteed return schemes.
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Tue, Oct 08, 2024
SBI FD Returns: Are you aware of the fixed deposit rates offered by the country's largest lender, State Bank of India (SBI)? Here's a comparison of various maturities of fixed deposits provided by SBI now with examples. Remember, the interest in fixed deposit accounts is compounded on a quarterly basis. What this essentially means is that an FD of Rs 1 lakh yields a return of Rs 7,186, and not 7,000, over a year. Read on to learn about the current interest rates offered by SBI to senior citizens and other depositors in their FD accounts.
Wed, Sep 25, 2024
SBI FD despite an at par rate with the recurring deposit at the leading lender will offer a better return to senior citizens.
Wed, Jul 17, 2024
SBI introduces "Amrit Vrishti," a term deposit scheme with 7.25% annual interest on 444-day deposits, effective from July 15, 2024. Senior citizens receive an additional 0.50%. Available until March 31, 2025, customers can invest via SBI branches, YONO, Yono Lite, and Internet Banking. Read more.
Tue, Jul 16, 2024
The State Bank of India (SBI) has launched a new retail term deposit scheme named 'Amrit Kalash,' which offers an appealing interest rate for a specified tenure. Here are the main features and benefits of the scheme:
Wed, May 15, 2024
For State Bank of India (SBI) FDs of 211 days to less than 1 year, the new rate for general public has been increased from 6 per cent to 6.25 per cent, while senior citizens will get an interest rate of 6.75 per cent instead of 6.50 per cent in the same category.
Tue, Jun 14, 2022
The country's largest bank SBI has increased the interest rates on Fixed Deposit (FD) for its customers. The new interest rates are applicable from June 14, 2022
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