PERSONAL FINANCE
The SBI said that the new FD rates have become applicable from January 8, 2021 on all retail FDs which are under Rs 2 crore.
The largest Indian commercial bank, State Bank of India (SBI), has revised its fixed deposit (FD) interest rates in select maturity tenor.
The SBI said that the new FD rates have become applicable from January 8, 2021 on all retail FDs which are under Rs 2 crore. SBI has also increased the FD yield by 10 bps on Fixed Deposits for one year to less than two years. It is to be noted that the proposed SBI FD rates will be applicable on fresh deposits and renewed maturing deposits. You can check the new SBI FD on each tenor online at sbi.co.in.
SBI FD for 7 days to 45 days will give you 2.90 per cent return while SBI FD rate for 46 days to 179 days will yield 3.9 per cent returns. SBI FD interest rates for 180 days to 210 days and 211 days to less than 1 year will get 4.40 per cent interest.
SBI FD interest rate for a year to less than 2-year tenor will yield 4.90 per cent return and not 4.8 per cent.
SBI FD for 2 years to less than 3 years tenor will yield 5.10 per cent return per annum, SBI FD for 3 years to less than 5 years tenor will give you 5.30 per cent per annum return while SBI FD for 5 years and up to 10 years will attract 5.40 per cent per annum interest rate.
The State Bank of India declared on its official website that the fixed deposit for senior citizens will continue to yield 0.5 per cent more on each tenor.
In a separate development, the SBI has come up with some exciting offers for its borrowers in 2021. The largest lender in the country is providing attractive concessions for those who wish to buy their dream homes this year. As a significant benefit, the SBI announced a further interest concession of up to 30 basis points (bps) on home loans while also providing a 100 per cent waiver on the processing fees of the same.
Viral video: Little girl's adorable dance to 'Ghani Bawri' wins hearts online, watch
Meet woman, sub-inspector's daughter who cracked UPSC exam in first attempt, Tina Dabi is her...
IND vs SA: Sanju Samson equals Rohit Sharma's massive feat, becomes Indian batter with most...
IND vs SA: Sanju Samson's century guides India to 61-run win over South Africa, lead series 1-0
DNA TV Show: Loudspeaker controversy erupts ahead of Maharashtra Polls
Another masterstroke by Mukesh Ambani, set to challenge Haldiram, Britannia
IND vs SA, 1st T20I: Sanju Samson creates history in Durban, becomes first Indian player to....
Anushka Sharma, Virat Kohli make heads turn in Mumbai, watch
J-K: Police recover bodies of two village defence guards killed in Kishtwar terror attack
Bengaluru-Chennai expressway to slash travel time to 3 hours: 71-km stretch to open on...
Amid Champions Trophy row, India to face arch-rivals Pakistan on THIS date
BIG move by Gautam Adani, as Adani Power cuts Bangladesh supply by over 60% due to...
PM Modi attacks Congress in Nashik rally, says party wants to create rift among OBCs
Health Insurance Claim Process: A Step-by-Step guide
Ali Haider emerges as a young, driven digital disruptor with ConnectPR
ACIBADEM LabMed Laboratories ensures high standards in medical testing
THIS is world's highest-valued currency, not dollar, pound, euro
'Forgive me if...’: Justice DY Chandrachud's final message as Chief Justice of India
Watch: KL Rahul's brain fade leads to bizarre dismissal in India A vs Australia A match
Meme fest erupts after Biden delivers speech with smiling face, netizens say, 'He voted for Trump'
Viral video: Netizens react in shock as woman washes hair with toxic foam from Yamuna river, watch
How Trump’s ‘America First’ policy opens doors for India’s regional power
42-year-old retired player breaks silence on registering for IPL, says, 'I have never...'
'Main pairon mein gir gaya': Virat Kohli recalls memorable encounter with Sachin Tendulkar - Watch
Is kala namak really a detox? Shalini Passi swears by this simple health hack
BIG blow to Mukesh Ambani, as Reliance Industries loses over Rs 4 lakh crore in...
West Indies fast bowler Alzarri Joseph suspended for two ODIs; here's why
Himachal CM Sukhu's samosas, cakes served to security staff; CID probe on
'Conspiracy against Kashmir': PM Modi slams NC-Cong's Article 370 resolution
Meet Tamanna Bharat, who is all set to represent India at Miss Asia Global 2024 in Kerala
Bengaluru coconut vendor's viral ad challenges Zepto, Blinkit prices, netizen says 'let him cook'
Vvan: Sidharth Malhotra drops motion poster of folk mythological thriller, Kiara Advani reacts
Virat Kohli gets embarrassed as crowd sings 'Happy Birthday to you' in live event, WATCH viral video
Gym and fitness is all about overall health, not just good looks: BigMuscles Nutrition’s Suhel Vats
Station master's phone call with ex-wife led to Rs 3 crore loss to railways, know how
Uproar in J-K Assembly as BJP members protest over special status resolution
Aligarh Muslim University entitled to minority status under Article 30: SC
Collaborative global response a must to combat climate change effectively: Dr Sanju Purohit
Viral: Man rants about his GenZ colleague's leave to heal from breakup, gets trolled
Splitsvilla, Crime Petrol-fame actor Nitin Chauhaan passes away at 35 allegedly by suicide
Worrying signs for Mukesh Ambani's Rs 840960 crore company? Elon Musk will push Donald Trump to...
Have Virat Kohli, Anushka Sharma moved back to Mumbai? Here's what we know
Mukesh Ambani, Nita Ambani are fond of these five dishes which cost Rs...
Meet Indian-origin Kashyap 'Kash' Patel, who could be Donald Trump's likely pick for CIA Chief
Donald Trump's second term worries Elon Musk's transgender daughter, says....
Meet IAS officer, who was a disabled bangle seller, cracked UPSC exam, is now serving in...
Meet IAS officer, who is nemesis of criminals, cracked UPSC exam with AIR 36, she is...
SC to pronounce verdict on Aligarh Muslim University's minority status today
Happy Chhath Puja 2024: Top 50 wishes, What'sApp messages, quotes to share with your loved ones
Viral video: Woman's sensual dance to 'namak' sets internet on fire, watch
SA vs IND, 1st T20I: Predicted playing XIs, live streaming details, weather and pitch report
SA vs IND, 1st T20I Dream11 prediction: Fantasy cricket tips for South Africa vs India match
Meet man who is set to lead Truecaller, not from IIT, IIM, earlier served Vice President of...
DNA TV Show: Why Pakistan worried about a Donald Trump presidency