INSUBCONTINENT EXCLUSIVE:
The rate of rise in SBI FD interest rates is between 0.05-0.10 per cent or 5-10 basis points.State Bank of India (SBI), the largest lender
of the country, revised its fixed deposit (FD) interest rates on select maturities with effect from today, the lender said on its website,
The rate of rise in SBI FD interest rates is between 0.05-0.10 per cent or 5-10 basis points
One basis point is equivalent to 0.01 per cent
SBI has hiked its fixed deposit interest rates on deposits below Rs 1 crore
SBI hiked its FD interest rates ahead of the fifth bi-monthly monetary policy review outcome on December 5.(: How To Enable, Disable State
Bank Of India SMS Alerts Via Internet Banking)Given below are the latest SBI FD interest rates on deposits below Rs 1 crore:SBI FD interest
Cards: Meaning, How To Apply, How To Check Debit Card Variant)The interest rate payable to SBI staff and SBI pensioners is 1 per cent above
the applicable rate, the lender said
The rate applicable to all senior citizens and SBI pensioners of age 60 years and above will be 0.50 per cent above the rate payable for all
tenors to resident Indian senior citizens i.e
SBI resident Indian senior citizen pensioners will get both the benefits of staff (1 per cent) and resident Indian senior citizens (0.50 per
cent).Private sector peers ICICI Bank and HDFC Bank last revised their FD interest rates on November 15 and November 6 respectively.
