interest rate of sbi | rate of interest of sbi | sbi interest rates on fd | sbi interest rates on rd | sbi interest rates for fd | sbi interest rates fd | sbi interest rates on savings account | sbi interest rates on saving account | sbi interest rates savings account | sbi interest rates on fixed deposits | sbi latest interest rate
When we talk about Banks, the first name that comes to our mind is SBI or State Bank of India. This is because of the presence of huge number of branches of SBI all over the country and the other reason is, most of us have SBI accounts. That’s why we need to have a clear idea about the various schemes of SBI. Let’s take a look at the interest rates on various SBI deposit schemes.
SBI Savings Account Interest rate
- The current annual interest rate on sbi interest rates on savings account is 2.70%.
SBI Interest Rate FD
- The present annual interest rate of sbi interest rates on fixed deposit account (after the latest update of 13th December, 2022) is as under: –
| For Normal Account | For Senior Citizen Account | |
| Time | Interest Rate | Interest Rate |
| For 7 to 45 Days | 3.00% | 3.50% |
| For 46 to 179 Days | 4.50% | 5.00% |
| For 180 to 210 Days | 5.25% | 5.75% |
| For 211 to 364 Days | 5.75% | 6.25% |
| For more than 1 Year but less than 2 Year | 6.75% | 7.25% |
| For more than 2 Year but less than 3 Year | 6.75% | 7.25% |
| For more than 3 Year but less than 5 Year | 6.25% | 6.75% |
| For more than 5 Year but less than 10 Year | 6.25% | 7.25% |
SBI Recurring deposit account Interest rate
- The current annual interest rate of sbi interest rates on rd account is as under: –
| For Normal Account | For Senior Citizen Account | |
| Time | Interest Rate | Interest Rate |
| For more than 1 Year but less than 2 Year | 5.60% | 6.60% |
| For more than 2 Year but less than 3 Year | 5.65% | 6.75% |
| For more than 3 Year but less than 5 Year | 5.80% | 6.60% |
| For more than 5 Year but less than 10 Year | 5.85% | 6.90% |
Interest rate on SBI PPF account
- The current annual interest rate on SBI’s PPF account is 7.10%.
Interest rate on SBI Senior Citizen Scheme
- The current annual interest rate on SBI’s Senior Citizen Scheme is 7.40%.
I hope you like this post. To get more posts like this, subscribe us with your email id. If you have any questions let us know in the comment box or email us [email protected].
Also Read: –