SBI Hikes Interest Rates for FDs: Senior Citizens Benefits Most

There is good news for all the people banking with the largest public sector bank, SBI, State Bank of India.

SBI has increased its interest rates for all of its bankers who have Fixed Deposits belo Rs. 2 Crore in the bank which came into effect from 15 October 2022.

Check out the previously existing interest rates and the revised ones in the table below so that you know what benefit you are going to get from this change.

Revised Interest Rates for SBI Fixed Deposit

TenorsExisting Rates for Public w.e.f. 13.08.2022Revised Rates For Public w.e.f. 15.10.2022Existing Rates for Senior Citizens w.e.f. 13.08.2022Revised Rates for Senior Citizens w.e.f. 15.10.2022
7 days to 45 days2.933.43.5
46 days to 179 days3.944.44.5
180 days to 210 days4.554.655.055.15
211 days to less than 1 year4.
1 year to less than 2 year5.455.65.956.1
2 years to less than 3 years5.55.6566.15
3 years to less than 5 years5.
5 years and up to 10 years5.655.856.456.65

Also Read:

SBI Home Loan Interest Rates 2022: Offering Lowest At 8.4 Percent


Words help me express the unsaid and we have come a long way while walking hand in hand like that so now I write about anything and everything that ignites the spark of inspiration in me.

Related Articles

Back to top button

AdBlocker Detected

Please Disable Adblock To Proceed & Used This Website!