look news india
New Delhi: The country's largest government bank SBI has increased the interest rate on fixed deposits (SBI FD). This increase has been made on retail deposits up to Rs 2 crore and wholesale deposits above Rs 2 crore. New interest rates on FD have become effective from today. The bank has increased the FD interest rate by 75 basis points on deposits maturing between 46 days to 179 days. Now it has been increased from 4.75 percent to 5.50 percent. For senior citizens, the bank has increased the interest rate on FD from 5.25 percent to six percent for this period. According to the SBI website, the bank has increased the interest rate by 25 bps for the tenure from 180 days to 210 days. , The interest rate for common people has been increased from 5.75 percent to six percent. Now interest on FDs of 211 days to less than one year will be 6.25 percent instead of 6 percent. For senior citizens, it has been increased from 6.50 percent to 6.75 percent.
bulk deposit
The bank has increased the interest rate on bulk deposits by 25 percent for a period of seven to 45 days. Now they will get 5.25 percent interest instead of five percent. For senior citizens, the interest has been increased from 5.50 percent to 5.75 percent. Similarly, for the period of 46 days to 179 days, interest will be 6.25 percent instead of 5.75 percent. The bank has increased the interest for senior citizens from 6.25 percent to 6.75 percent. The interest rate has been increased by 10 bps for the period from 180 days to 210 days. Common people will get 6.6 percent interest and senior citizens will get 7.10 percent interest.
