SBI Bank Hikes Fixed Deposit Interest Rates: Check Latest FD Rates

SBI Bank has recently increased its Fixed Deposit (FD) interest rates by 75 basis points, elevating the attractiveness of this traditional investment avenue.
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SBI Bank Hikes Fixed Deposit Interest Rates: Check Latest FD Rates (image source: Times Now Digital)

SBI Bank has recently increased its Fixed Deposit (FD) interest rates by 75 basis points, elevating the attractiveness of this traditional investment avenue. SBI's recent move includes a significant increase in FD rates across various tenures. For instance, deposits maturing between 46 days and 179 days have been hiked from 4.75 per cent to 5.50 per cent, while the rate for the tenure of 180 days to 210 days has risen from 5.75 per cent to 6 per cent.

SBI Fixed Deposit Interest Rates 2024

SBI FD Intrest Rates On Deposits Less Then Of 2 Crores

Period Interest Rates (per annum)
General PublicSenior Citizens
7 days to 45 days3.50 per cent4.00 per cent
46 days to 179 days5.50 per cent6.00 per cent
180 days to 210 days6.00 per cent6.50 per cent
211 days to less than 1 year6.25 per cent6.75 per cent
1 year to less than 2 year6.80 per cent7.30 per cent
2 years to less than 3 years7.00 per cent7.50 per cent
3 years to less than 5 years6.75 per cent7.25 per cent
5 years and up to 10 years6.50 per cent7.50 per cent
400 days (Amrit Kalash)7.10 per cent7.60 per cent

SBI FD Rates on Deposit of Rs. 2 Crore and above

PeriodInterest Rates (per annum)
General PublicSenior Citizens
7 days to 45 days5.25 per cent5.75 per cent
46 days to 179 days6.25 per cent6.75 per cent
180 days to 210 days6.60 per cent7.10 per cent
211 days to less than 1 year6.75 per cent 7.25 per cent
1 year to less than 2 years6.80 per cent 7.30 per cent
2 years to less than 3 years6.75 per cent 7.25 per cent
3 years to less than 5 years6.25 per cent 6.75 per cent
5 years and up to 10 years6.00 per cent 6.50 per cent
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