SBI FD Interest Rates Hike: SBI increase interest rate on below 1 year FD, check interest rate

SBI FD Interest Rates Hike: The country’s largest public sector bank SBI has given a gift to its crores of customers. The bank has increased the interest on FDs with a period of 180 days to 210 days and from 211 days to less than one year. SBI has increased the interest by 0.25 percent on these FDs

SBI FD Interest Rates Hike: The country’s largest public sector bank SBI has given a gift to its crores of customers. The bank has increased the interest on FDs with a period of 180 days to 210 days and from 211 days to less than one year. SBI has increased the interest by 0.25 percent on these FDs. According to the new rules of RBI, now banks can increase the limit of up to Rs 2 crore to Rs 3 crore. These new rates of SBI Bank are for FDs up to Rs 3 crore. These new rates have come into effect from June 15, 2024.

State Bank of India SBI FD Interest Rates 

• 7 days to 45 days: General public – 3.50 per cent; Senior citizens – 4 per cent
• 46 days to 179 days: General public – 5.50 per cent; Senior citizens – 6 per cent
• 180 days to 210 days: General public – 6.25 per cent; Senior citizens – 6.75 per cent
• 211 days to less than 1 year: General public – 6.50 per cent; Senior citizens – 7 per cent
• 1 year to less than 2 years: General public – 6.80 per cent; Senior citizens – 7.30 per cent
• 2 years to less than 3 years: General public – 7.00 per cent; Senior citizens – 7.50 per cent
• 3 years to less than 5 years: General public – 6.75 per cent; For senior citizens – 7.25%
• 5 years to 10 years: For general public – 6.50%; For senior citizens – 7.50%.
• (Senior citizens get 0.50% extra interest under SBI WeCare FD on FDs of 5 to 10 years.)

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