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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