FD Hike: These FD schemes of SBI are offering bumper interest of up to 9 percent..

If you want to invest in Fixed Deposit, then this news is of your use. The country's largest government bank, State Bank of India (SBI FD interest rate) has given great news to its investors. The bank has increased the interest rate on Fixed Deposit i.e. FD (SBI FD rates hike). SBI has increased the interest rates on FDs of less than Rs 3 crore. The new rates have come into effect from June 15, 2024. Now SBI investors can get more profit on FD.

SBI has increased the interest rate by 25 basis points (0.25 percent) on deposits of certain periods. The bank has increased the interest on FDs from 180 days to 210 days (SBI FD benefits) and from 211 days to less than one year.

SBI FD rates-
7 days to 45 days: For the general public – 3.50 percent; For senior citizens – 4%

46 days to 179 days: For the general public – 5.50%; For senior citizens – 6%

180 days to 210 days: For the general public – 6.25%; For senior citizens – 6.75% (SBI senior citizen FD interest rates)

211 days to less than 1 year: For the general public – 6.50%; For senior citizens – 7%

1 year to less than 2 years: For the general public – 6.80%; For senior citizens – 7.30%

2 years to less than 3 years: For the general public – 7.00%; For senior citizens – 7.50% (Best SBI FD Schemes)

3 years to less than 5 years: For the general public – 6.75%; For senior citizens – 7.25%

5 years to 10 years: For the general public – 6.50%; For senior citizens – 7.50% (Top SBI FD investment schemes)

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