SBI FD Interest Rate | SBI Bank FD Fixed Deposit Interest Rate 2020 Today News Updates | SBI cut interest rates by 0.15% on FDs up to 1-10 years

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  • Hindi News
  • Business
  • SBI FD Interest Rate | SBI Bank FD Fixed Deposit Interest Rate 2020 Today News Updates
  • Now 6.1% interest will likely be acquired as an alternative of 6.25%, new rates apply from 10 January
  • Interest charge for Senior Citizen will likely be 6.6% as an alternative of 6.75%

Dainik Bhaskar

Jan 14, 2020, 06:48 PM IST

Mumbai. SBI, the nation's largest financial institution, has cut interest rates by 0.15% on FDs beneath Rs 2 crore. This discount has come into impact from January 10 on FDs starting from one to 10 years. One yr FDs will now get 6.1% interest as an alternative of 6.25%. For Senior Citizens, the speed will likely be 6.6% as an alternative of 6.75%.

FD period Old Interest Rate New Interest Rate
1-2 years 6.25% 6.10%
2-3 years 6.25% 6.10%
3-5 years 6.25% 6.10%
5-10 years 6.25% 6.10%

Interest charge for Senior Citizen

FD period Old Interest Rate New Interest Rate
1-2 years 6.75% 6.60%
2-3 years 6.75% 6.60%
3-5 years 6.75% 6.60%
5-10 years 6.75% 6.60%

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