This is a 400-day FD and provides the highest interest rate among all SBI senior citizen FDs. The interest rate under this scheme is 7.75%.
The FD provides 7.30% annual interest rate.
The FD provides 7.25% annual interest rate.
The FD provides 7.50% annual interest rate. The 5-year FD also provides tax benefits under Section 80C of the Income Tax Act, 1961.
Like many other banks and small banks, SBI offers extra interest rate to senior citizens than it offers to general citizens.