State Bank of India has warned its account holders to avoid online fraud. State Bank of India tweeted, writing, ‘We urge all customers not to share their banking details with anyone. State Bank of India does not ask for information like password, card number.
The bank also asked its FD customers to be prepared for online fraud. It has been asked on behalf of the bank not to share any sensitive information with anyone. Also, change your password from time to time.
Procedure for opening fixed deposit accounts online
1- Login to State Bank of India Net Banking. And update your personal information.
2- Click on Fixed Deposit option e-TDR / e-STDR. Then proceed.
3- Choose the development of fixed deposit and proceed.
4- If you have more than one bank account, choose one from which you want to pay.
Choose the principal value and write it in the Amount section.
6- Now choose the installment
7- Select the maturity instruction of the term deposit.
8- Agree on the terms and conditions.
9 – Check your details once more and do OK.
10- Keep a print of the PDF of your transaction or note the transaction number.
State Bank of India is offering FDs ranging from 7 days to 10 years to its general customers. At which the interest rate ranges from 2.9% to 5.4%. The Senior Citizen gets 50 additional basic points.
