Let us know the latest fixed deposit interest rate of the State Bank of India.
State Bank of India (SBI) gives slightly higher interest to senior citizens (i.e. those above 60 years of age).
From 211 days to 1 year: SBI offers 5.75% interest to general citizens and 6.25% interest to senior citizens on FDs of this period.
From 1 to 2 years: SBI offers 6.75% interest to general citizens and 7.25% interest to senior citizens on FDs of this period.
From 2 to 3 years: SBI offers 6.75% interest to general citizens and 7.25% interest to senior citizens on FDs of this period.
From 3 to 5 years: SBI offers 6.25% interest to general citizens and 6.75% to senior citizens on FDs of this period.
From 5 to 10 years: SBI offers 6.25% interest to general citizens and 7.25% interest to senior citizens on FDs of this period.
SBI Wecare: Under this scheme, SBI offers 7.25% interest to senior citizens on FDs of more than 5 years.
The FD interest rates offered by SBI have changed at the end of December 2022, which is still applicable.