Indian State Bank of India (SBI) is the largest public sector bank in the country. SBI not only has the highest number of customers, but this government bank also has the highest number of branches. Not only this, it is also the largest government bank in the country in terms of market cap. SBI is offering great interest on fixed deposit (FD) accounts. Here we will know how much interest State Bank of India is offering on FD scheme with a tenure of 180 days and how much return will senior citizens get on FD accounts?
How much interest will be given on 180 days FD in SBI
State Bank of India is offering excellent interest rates ranging from 3.05 percent to 7.15 percent on Fixed Deposit (FD) schemes of different tenures. FD account can be opened in State Bank of India for a minimum period of 7 days to a maximum of 10 years. The country’s largest government bank is offering interest ranging from 5.65 percent to 6.25 percent on 180 days FD scheme.
How much return will senior citizens get?
State Bank of India is offering 5.65 percent interest to all customers up to 59 years of age on FD accounts with a tenure of 180 days. Customers whose age is 60 years or more are being given 6.15 percent interest on 180 day FD scheme. Apart from these, customers whose age is 80 years or more are being given 6.25 percent interest on 180 day FD account. A maximum of Rs 2,99,99,999 can be deposited in this FD scheme of SBI.
SBI FD Rates
What is the offer for senior citizens
State Bank of India is offering 0.50 percent more interest on FD accounts to senior citizens than general customers. Apart from this, very senior citizens i.e. those who are 80 years of age or above are being given 0.10 percent more interest than senior citizens. Let us tell you that the country’s largest government bank SBI is giving the highest interest of 6.45 percent to the general customers on the 444-day special FD scheme Amrit Vrishti.
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SK Sharma is a content writer who writes on news, entertainment, and lifestyle topics. She has over four years of experience and is known for conveying information in simple and clear language.
