New Delhi, Business Desk. Those wishing to open a Fixed Deposit Account (FD Account) in State Bank of India can do so online without going to the bank. This largest bank of the country provides this facility to its savings account holders. SBI online FD customers get many facilities. Investors in SBI Online FD can pay using Net Banking right from home.
Rate of interest
At present, State Bank of India is paying interest from 2.9 per cent to 5.4 per cent on FDs with maturity period ranging from seven days to 10 years. Apart from this, the bank is paying interest to senior citizens between 3.4 per cent and 6.2 per cent depending on the maturity period.
Let us know what is the procedure for opening online FD account in SBI Bank-
Step 1. The SBI savings account holder will first have to log in to SBI’s net banking facility.
Step 2. After logging in, the account holder has to go to the Fixed Deposit option and click on TDR ie Term Deposit or STDR ie Special Term Deposit. Customers who want to get FD, must choose the option and click on Proceed.
Step 3. Now the customer has to choose the account from which he has to debit the amount. Those who have the same account will not have to choose.
Step 4. Now the customer has to choose the amount for the fixed deposit and enter that amount.
Step 5. Now the customer has to select the period of deposit for FD.
Step 6. After this, the customer has to choose the maturity instructions for the FD account.
Step 7. Now the customer has to click on the terms and conditions and click on submit.
Step 8. Now the FD with the information of the customer i.e. SBI Savings Account holder will appear on the screen.
Step 9. The customer has to click on OK and note down the transaction number. Customers can also print it or keep a PDF of it.
