SBI Special FD Schemes With Highest Interest Rate:Â Private and public sector banks have increased the interest rates on FD savings scheme since the RBI repo rate was 6.5 percent.
Many banks have started special FD schemes giving citizens an opportunity to save more. In this sequence, State Bank of India ( SBI ) has given an opportunity to senior investors to invest in the special scheme SBI Sarvottam, giving them an opportunity to make additional savings.
SBI FD Latest Interest Rates
State Bank of India (SBI) is offering customers the opportunity to invest in FDs with tenures ranging from 7 days to 10 years. For these periods, SBI has offered interest rates ranging from 3.50 percent to 7.50 percent. According to the bank, investors can invest less than Rs 2 crore on these FD schemes.
SBI best FD interest rate
State Bank of India (SBI) is giving depositors an opportunity to invest in the special best FD scheme offering higher interest rates than regular FDs. This scheme is for senior citizens and its tenure is fixed for 1 and 2 years.
The bank is offering an interest rate of 7.9 percent on the amount deposited in SBI Sarvottam FD Scheme (SBI Sarvottam FD Scheme). The bank offers an interest rate of 7.6 per cent to investors investing in SBI best FDs with a tenure of one year.
Seniors can earn even better returns from We Care FD
Senior citizens can invest in SBI We Care FD Scheme on tenure of 5 years and 10 years. The interest rate on this is fixed at 7.50 percent. SBI’s special FD scheme We Care can be booked by visiting the bank’s branch, net banking or using the YONO app. Loan can be taken on SBI V Care FD scheme.
