SBI hikes Interest Rates on Fixed Deposits

SBI has hiked Interest Rates on Fixed Deposits for deposit less than 2 Cr

The Interest has been hiked by 20 bps by SBI

The new Interest Rates will be effective from 15.10.22

SBI is offering rates from 3% to 5.85% for general public

SBI is offering rates from 3.50% to 6.65% for Sr. Citizens

SBI has hiked interest rates by 15 bps on deposits maturing from 1 year to less than 2 year

SBI is offering deposits from 3.50% to 6.65% on deposits maturing in 7 days to 10 years

SBI has also hiked interest rates on Savings Bank Account

SBI is offering interest of 2.70% on SB a/c for account balances less than 2Cr

SBI is offering interest of 3.00% on SB a/c for account balances more than 2Cr