Good News For FD Investors! SBI FD Rates HIKED, Check Latest Interest Rates Here

Category : Business

Author: Nob6 Team

Post Date : June 14, 2022

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SBI FD Curiosity Charges 2022 | New Delhi: The State Financial institution of India (SBI) has hiked the rates of interest on Fastened Deposits (FDs) after the Reserve Financial institution of India (RBI) raised the repo price by 50 foundation factors to 4.9 per cent. The rates of interest have been hiked by 20 foundation factors for sure tenors for deposits beneath 2 crore.Additionally Learn – 5 Ideas To Save Your self From UPI Cost Fraud | Know Right here

The info was launched by the financial institution on its web site. It stated that the FD rate of interest has been hiked to 4.6 per cent for FD starting from 211 days to 1 12 months. For 1 12 months to 2 years, the rate of interest has been hiked to five.3 per cent. Additionally Learn – Central Financial institution of India Modifications FD Charges | Examine Newest Charges Right here

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SBI FD Curiosity Charges 2022: Examine Newest Curiosity Charges Right here

The newest charges will be checked within the desk beneath Additionally Learn – Prime 7 Personal Banks Provide 6% To 7% Curiosity Charge On Fastened Deposits For Senior Residents | Full Record Right here

Tenure	Common Depositors FD Charges	Senior Residents FD Charges
7 days-45 days	2.9 per cent	3.4 per cent
46 days-179 days	3.90 per cent	4.4 per cent
180 days- 210 days	4.4 per cent	4.9 per cent
211 days- 1 12 months	4.6 per cent	5.1 per cent
1 year- 2 years	5.3 per cent	5.8 per cent
2 years- 3 years	5.35 per cent	5.85 per cent
3 years- 5 years	5.45 per cent	5.95 per cent
5 years- 10 years	5.5 per cent	6.30 per cent

The info has been taken from SBI’s official web site

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