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SBI Bank FD Policy |
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Re: sbi bank fd policy
Fixed Deposit (FD) is the safest of investments that give high returns after a period. The interest provided on the FD is more than the general savings account. The banks also offer loans at competitive rates in exchange of the FD certificates The Interest Rates on the Fixed Deposit of the State Bank of India Are given below For Domestic Deposits - Less than Rs. 1 cr (As on Jul 01, 2017) MATURITY PERIOD DEPOSIT AMOUNT INTEREST RATE (% p.a.) General Senior Citizen 7 days to 45 days Less than Rs. 1 cr 5.5 6 46 days to 179 days Less than Rs. 1 cr 6.5 7 180 days to 210 days Less than Rs. 1 cr 6.5 7 211 days to less than 1 year Less than Rs. 1 cr 6.5 7 1 year Less than Rs. 1 cr 6.75 7.25 Above 1 year to 455 days Less than Rs. 1 cr 6.5 7 456 days to less than 2 years Less than Rs. 1 cr 6.5 7 2 years to less than 3 years Less than Rs. 1 cr 6.25 6.75 3 years to less than 5 years Less than Rs. 1 cr 6.25 6.75 5 years and upto 10 years Less than Rs. 1 cr 6.25 6.75 For Domestic Deposits - Above Rs. 10 cr (As on Nov 24, 2016) MATURITY PERIOD DEPOSIT AMOUNT INTEREST RATE (% p.a.) General Senior Citizen 7 days to 45 days Above Rs. 10 cr 3.75 4.25 46 days to 179 days Above Rs. 10 cr 3.85 4.35 180 days to 210 days Above Rs. 10 cr 3.85 4.35 211 days to less than 1 year Above Rs. 10 cr 4 4.5 1 year to 455 days Above Rs. 10 cr 4.25 4.75 456 days to less than 2 years Above Rs. 10 cr 4.25 4.75 2 years to less than 3 years Above Rs. 10 cr 4.25 4.75 3 years to less than 5 years Above Rs. 10 cr 4.25 4.75 5 years and upto 10 years Above Rs. 10 cr 4.25 4.75 For NRE Fixed Deposit - Above Rs. 1 cr (As on Jul 01, 2017) MATURITY PERIOD DEPOSIT AMOUNT INTEREST RATE (% p.a.) 1 year to 455 days Above Rs. 1 cr 4.25 1 year Above Rs. 1 cr 4.25 456 days to less than 2 years Above Rs. 1 cr 4.25 2 years to less than 3 years Above Rs. 1 cr 4.25 3 years to less than 5 years Above Rs. 1 cr 4.25 5 years and upto 10 years Above Rs. 1 cr 4.25 |
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