News India Live, Digital Desk: State Bank of India (SBI), the country’s largest government bank, has recently cut the interest rates of fixed deposits (FD) by up to 0.25%. The move has been taken by the Reserve Bank of India (RBI) after a reduction of 0.25% in the repo rate, which has seen on many banks across the country. SBI has continued offering attractive FD schemes for customers despite a decrease in interest rates.
SBI FD interest rates change:
- The FD interest rate for ordinary citizens was earlier 3.50% -7.25%, which has been reduced to 3.50% -7.15%.
- The FD interest rate for senior citizens was earlier 4.00% -7.75%, now this rate is 4.00% -7.55%.
Special interest on FD of 2 to 3 year old:
- Common citizens will now get 6.90% interest for this period, which was 7.00% earlier.
- For senior citizens, this rate is now 7.40%, earlier 7.50%.
How to get Rs 24,604 Fix interest of:
If you FD of Rs 1 lakh for a period of 3 years in SBI, then you will get attractive fixed interest.
- Ordinary citizen (below 60 years of age): On depositing 1 lakh rupees, a total of Rs 1,22,781 will be received on maturity. It will have an interest of Rs 22,781.
- Senior citizen (over 60 years of age): On depositing 1 lakh rupees, a total of Rs 1,24,604 will be received on maturity. In this, you will get an interest of Rs 24,604.
Important important things in short:
- Attractive returns despite the cut in FD interest rates.
- Additional benefits to senior citizens.
- Good profits with safe investment.
Bank Holiday List 2025: Take the necessary work related to the bank in advance the next three days
