SBI Hikes FD Rates From Today: Hurry Up Now - Viral Bake
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SBI Hikes FD Rates From Today: Hurry Up Now

State Bank of India hiked FD Rates by up to 10 basis points and it will be applicable for fixed deposits below Rs 2 crore. The new rate is applicable from January 15, 2022.

The interest rate on fixed deposits for 1-2 years has been increased from 5.0% to 5.1%. The interest rates on tenure other than that remain unchanged.

The highest rate of interest is 5.4% which is provided to fixed deposits of tenure between 5-10 years. For tenure of 2-3 years the interest rate is 5.10% and for 3-5 years it is 5.30%.

Senior citizens get extra benefits of 50 basis points on fixed deposits.

Also read:

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Latest FD Rates Of Different Banks

State Bank Of India (Rates from January 15, 2022)

  • 7 days to 45 days – 2.9%
  • 46 days to 179 days – 3.9%
  • 180 days to 210 days – 4.4%
  • 211 days to less than 1 year – 4.4%
  • 1 year to less than 2 years – 5.1%
  • 2 years to less than 3 years – 5.1%
  • 3 years to less than 5 years – 5.3%
  • 5 years and up to 10 years – 5.4%

HDFC Bank (Rates from January 12, 2022)

  • 7 – 14 days 2.50%
  • 15 – 29 days 2.50%
  • 30 – 45 days 3%
  • 61 – 90 days 3%
  • 91 days – 6 months 3.5%
  • 6 months 1 day – 9 months 4.4%
  • 9 months 1 day < 1 Year 4.4%
  • 1 year – 4.9%
  • 1 year 1 day – 2 years 5%
  • 2 years 1 day – 3 years 5.20%
  • 3 year 1 day- 5 years 5.40%
  • 5 years 1 day – 10 years 5.60%

Kotak Mahindra Bank (Rates from January 6, 2022)

  • 7 – 14 days 2.50%
  • 15 – 30 days 2.50%
  • 31 – 45 days 2.75%
  • 46 – 90 days 2.75%
  • 91 – 120 days 3%
  • 121 – 179 days 3.25%
  • 180 days 4.3%
  • 181 days to 269 days 4.40%
  • 270 days 4.40%
  • 271 days to 363 days 4.40%
  • 364 days 4.5%
  • 365 days to 389 days 4.9%
  • 390 days (12 months 25 days) 5%
  • 391 days – Less than 23 months 5%
  • 23 months 5.10%
  • 23 months 1 day- less than 2 years 5.10%
  • 2 years- less than 3 years 5.15%
  • 3 years and above but less than 4 years 5.3%
  • 4 years and above but less than 5 years 5.3%
  • 5 years and above up to and inclusive of 10 years 5.3%

Siddhant Baranwal

Siddhant is a Content Creator. He has been doing this for past three years and have managed to gain good attention of audiences for his work. He is an active reader and has huge respect for art and theatre.

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