SBI FD rates 2022: The country’s largest bank SBI has increased the interest rates on FDs of less than 3 years from 211 days. Since then, investing in FDs has become more attractive than ever for investors in the ongoing uncertainty in the market.
SBI FD rates 2022: Along with getting expensive loans, banks are also increasing the interest rates on their deposits. Recently, the country’s largest bank SBI has increased the interest rates on FDs with different maturities from 211 days to less than 3 years. Since then, investing in FDs has become more attractive than ever for investors in this era of ongoing uncertainty in the market. Let us know how much profit will be there on the deposits of different maturities in the big commercial bank SBI.
SBI FD: 211 days to less than 1 year
SBI has increased the interest rates on deposits of 211 days and less than 1 year from 4.40 per cent to 4.60 per cent per annum. The interest rates for senior citizens have been increased from 4.90 per cent to 5.10 per cent. In this way, bank customers will now get 20 basis points more interest on this maturity. The new rates are applicable from June 14, 2022 on deposits of less than 2 crores.
SBI FD: 1 year to less than 2 years
SBI has increased the interest rates on deposits of less than 1 year and less than 2 years from 5.10 per cent to 5.30 per cent per annum. The interest rates for senior citizens have been increased from 5.60 per cent to 5.80 per cent. In this way, customers will now get 20 basis points more interest on this maturity. The new rates are applicable from June 14, 2022 on deposits of less than 2 crores.
SBI FD: 2 years to less than 3 years
SBI has increased the interest rates on deposits of 2 years and less than 3 years from 5.20 per cent to 5.35 per cent per annum. The interest rates for senior citizens have been increased from 5.70 per cent to 5.85 per cent. In this way, now the customers will get 15 basis points more interest on this maturity. The new rates are applicable from June 14, 2022 on deposits of less than 2 crores.
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