INSUBCONTINENT EXCLUSIVE:
No interest is paid on SBI FDs which remain for a period of less than seven days, according to SBI.State Bank of India or SBI offers a
premature withdrawal facility with its fixed deposit (FD) accounts
(TDs), are fixed income instruments that yield fixed returns over a pre-defined period of lock-in.For premature withdrawal from SBI fixed
tenors, according to SBI.(Source: sbi.co.in)No interest is paid on SBI fixed deposits which remain for a period of less than seven days,
according to SBI.For fixed deposits up to Rs 2 crore, SBI currently pays interest rates to the tune of 4.50-6.40 per cent to the general
income tax benefit under Section 80C of the Income Tax Act
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