SBI New FD Interest Rates: SBI introduced FD scheme with bumper interest, customers will get 7.6% interest

SBI New FD Interest Rates: State Bank of India has launched a new Fixed Deposit scheme for its customers. Under this scheme, customers making fixed deposits will get an interest rate of more than 7 percent (Fixed Deposit Interest Rate). Apart from this, State Bank of India has increased the interest on fixed deposits of less than two crore rupees from 5 basis points to 25 basis points. The new interest rates (FD Interest Rate) are applicable from 15 February 2023. The interest rates for senior citizens will be 25 basis points higher than the rates offered to general investors.

SBI New FD Interest Rates

SBI New FD Interest Rates

SBI New FD Interest Rates

A new retail fixed deposit after State Bank raised its fixed deposit interest rates (Fixed Deposit) Started the plan. The name of this scheme is ‘Amrit Kalash Deposit Scheme’. Common people making fixed deposits under this scheme will get 7.10 percent interest rate (Fixed Deposit Interest Rate). Apart from this, senior citizens will get 7.6 percent interest rate (FD Interest Rate) on FD under ‘Amrit Kalash Deposit Scheme’!

Fixed Deposit Interest Rate

This FD scheme is available to investors from February 15, 2023 and will be valid till March 31, 2023. The new scheme will mature in 400 days. That is, you have to invest for 400 days under this scheme. If common investors invest Rs 1 lakh under this scheme, then they will get an interest of Rs 8,017 annually. (FD Interest Rate) See you as At the same time, senior citizens will get Rs 8,600 as interest in this new Fixed Deposit scheme.

How much interest on FD of how many years?

State Bank fixed deposits from two years to less than three years (Fixed Deposit) But the interest rate has been increased by 25 basis points. Now the interest rate has increased from 6.75 percent to 7 percent. The bank has increased the interest rates on FD scheme from 3 years to 10 years (FD Interest Rate) from 6.25 percent to 6.50 percent! Fixed Deposit Interest Rate will be available at the rate of 3.00% on Fixed Deposits for a period of 7 to 45 days!

SBI New FD Interest Rates

The new interest rate for 46 to 179 days scheme is 4.05 per cent, while for 180-210 days FDs the rate is 5.25 per cent. Now 5.75 percent interest rate on savings deposits of less than 211-1 years (Fixed Deposit Interest Rate) Will get The Reserve Bank has recently increased the repo rate by 25 basis points. Since then, private and public sector banks of the country have been increasing interest rates to make their Fixed Deposit scheme attractive.

IDBI Bank FD Interest Rates

On the other hand, from 13 FEB 2023 IDBI Bank has started ‘Amrit Mahotsav FD’ scheme (Fixed Deposit Interest Rate) of 444 days and 700 days! IDBI Bank is offering FD Interest Rate at the rate of 7.15 percent to the general public and 7.90 percent to senior citizens on a special maturity bucket of 444 days! Whereas, 700 days special fixed deposit (Fixed Deposit) Non-senior citizens will get an interest rate of 7.25 percent on the maturity bucket. At the same time, senior citizens will get 8.00 percent interest.

Karur Vysya Bank Fixed Deposit Interest Rates

Karur Vysya Bank, one of the private sector banks, has increased its Fixed Deposit interest rates for loans below Rs 2 crore. As per the official website of the bank, the new interest rates (FD Interest Rate) Will come into force from February 20, 2023. The bank is giving the benefit of 4.00% to 6.25% interest rates (Fixed Deposit Interest Rate) to non-senior citizens on fixed deposits ranging from 7 days to 6 years.

Bank is giving 8% interest to senior citizens on FD of maximum 444 days! And giving the benefit of FD Interest Rate of 7.50% to non-senior citizens. Bank 4.00% interest rate on Fixed Deposits maturing in 7 days to 30 days (Fixed Deposit Interest Rate) Is ! Fixed Deposit maturing in 31 days to 90 days will get an interest rate of 5.25%!

Also read: – PF Interest Update: The wait for more than 7 crore PF account holders is over, interest money will be received on this day

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