SBI Savings Scheme: The country’s largest public sector bank – SBI, is offering its customers interest ranging from 3.30 percent to 7.10 percent on FDs.
SBI Savings Scheme: This year has brought a lot of relief for a large section, on the other hand, many people are also getting disappointed. Actually, the Reserve Bank of India (RBI) has cut the repo rate by 1.00 percent so far this year. While all types of loans have become cheaper due to the reduction in repo rate by RBI, on the other hand, the interest on savings schemes like FD has also decreased. However, some selected period FDs of banks are still getting great returns. Here we will tell you about such an FD scheme of State Bank of India (SBI), in which a fixed interest of Rs 22,419 can be earned by depositing only Rs 1 lakh.
SBI is giving up to 7.10 percent interest on FD
The country’s largest government bank – SBI, is offering its customers interest ranging from 3.30 percent to 7.10 percent on FD. FDs can be made in SBI from 7 days to 10 years. State Bank of India is giving the highest interest of 6.60 percent to general citizens and 7.10 percent to senior citizens on the 444-day special Amrit Vrishti FD scheme. The country’s largest government bank is giving 6.30 percent interest to general citizens and 6.80 percent interest to senior citizens on 3-year FD.
Deposit ₹1,00,000 and get fixed interest of ₹22,419
If you are a normal citizen and deposit ₹1,00,000 in a 3-year FD in State Bank of India, then you will get a total of ₹1,20,626 on maturity, which includes a fixed interest of ₹20,626. If you are a senior citizen and deposit ₹1,00,000 in a 3-year FD in State Bank of India, then you will get a total of ₹1,22,419 on maturity, which includes a fixed interest of ₹22,419. Let us tell you that on FD scheme, you get fixed interest with guarantee after a fixed time and there is no hesitation in this.
