Nasibpura

Friday, February 7, 2020

SBI cuts interest rates on fixed deposits (FDs). Latest SBI FD INTEREST RATES FROM 10.02.2020

SBI cuts interest rates on fixed deposits (FDs).
The bank slashed Term Deposits rates by 10-50 bps in the Retail segment and 25-50 bps in the Bulk segment," SBI said in a statement.

From 10.02.2020

▶7 days to 45 days 4.50
▶46 days to 179 days 5.00
▶180 days to 210 days 5.50
▶211 days to less than 1 year 5.50
▶1 year to less than 2 year 6.00
▶2 years to less than 3 years 6.00
▶5 years and up to 10 years 6.00

SBI offers senior citizens’ an additional 50 basis point interest rate across all tenures. 🐼

⏩7 days to 45 days 5.00%
⏩46 days to 179 days 5.50%
⏩180 days to 210 days 6.00%
⏩211 days to less than 1 year 6.00%
⏩1 year to less than 2 year 6.50%
⏩2 years to less than 3 years 6.50%
⏩3 years to less than 5 years 6.50%
⏩5 years and up to 10 years 6.50%

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