Today we will know what is the fixed deposit interest rate of SBI for the common man.

SBI FD Interest Rates 2022:

SBI offers FDs at an interest rate of 3.00% -6.25% p.a. to general citizens and 3.50% -6.90% p.a. to senior citizens.

Let us tell you that the tenure of the State Bank of India (SBI) fixed deposit ranges from 7 days to 10 years.

SBI's tax-saving FD interest rates are 6.10% per annum for general citizens and 6.90% per annum for senior citizens.

State Bank of India offers Fixed Deposit schemes like NRO, NRE, RFC, and FCNR to Non-Resident Indians (NRI).

SBI FD Rates: For 1 year: 6.10% For 2 years: 6.25% For 3 years: 6.10% For 4 years: 6.10% For 5 years: 6.10%

Tax-Saving FD: For common citizens: 6.10% For Senior Citizens: 6.90%

Recently, India's largest public sector bank SBI increased the rates of Fixed Deposit (FD) by up to 80 basis points.

The increased interest rates of SBI have come into effect from 22.10.2022. This is applicable to FDs of less than Rs 2 crore.