Good news for SBI's account holders, gets this tremendous gift
Good news for SBI's account holders, gets this tremendous gift
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There is big news for SBI customers. In fact, the State Bank of India (SBI) has increased the rates of fixed deposits and let us tell you that the new rates have become effective from March 10. Yes, with this, SBI has increased the fixed deposits with deposits of more than Rs 2 crore by 20-50 basis points. Let us all know that after this change, the interest rate of an FD of more than Rs 2 crore, whose duration ranges from 211 days to less than one year, has increased by 20 basis points. Yes, and such FDs will get an interest of 3.30 per cent from March 10, 2022.

Let you also tell all that earlier the rate used to be 3.10% and for such an FD, senior citizens used to get 3.60% interest on this FD, which has increased to 3.80 per cent. At the same time, the State Bank of India has also increased the rates of fixed deposits addition to this. Yes and under this, the rate of FDs from one year to 10 years has been increased by 50 basis points. That is, the FD, which used to get 3.10 per cent interest earlier, will now get 3.60%. At the same time, the interest in senior citizens' FDs has been increased from 3.60 per cent to 4.10 per cent. It is being said that the new rates will be applicable to both types of FDs, i.e. new rates will also be applicable if a new FD is made or the old FD is renewed.

FD rate less than 2 crore- According to SBI, for FD tenors of less than 2-3 years, the interest rate increased by 10 basis points to 5.20 per cent, for tenures from three years to less than five years, by 15 basis points to 5.45 per cent has gone. Whereas for FDs up to 5-10 years, the interest rate has been increased by 10 basis points to 5.50% from February 15 this year. Apart from this, senior citizens will get a 0.50% higher rate than the normal rate for all the tenors. Yes and senior citizens will now get a 3.5% to 4.10% interest rate on deposits maturing in seven days to 10 years after the change.

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