Let us know what is the latest Fixed Deposit interest rates of the State Bank of India in 2023.
State Bank of India has increased the interest rates of fixed deposits while giving New Year's gifts to its customers.
These are the new Interest Rates of the State Bank of India in 2023 on the basis of Duration given to common citizens and senior citizens.
1- Duration: 7 days to 45 days For General Citizens: 3.00% For Senior Citizens: 3.50%
2- Time Duration: 46 days to 179 days For General Citizens: 4.50% For Senior Citizens: 5.00%
3- Time Duration: 180 days to 210 days For General Citizens: 5.25% For Senior Citizens: 5.75%
4- Time Duration: 211 days to 1 year For General Citizens: 5.75% For Senior Citizens: 6.25%
5- Time Duration: 1 year to 2 years For General Citizens: 6.75% For Senior Citizens: 7.25%
6- Time Duration: 2 years to 3 years 7.25% For General Citizens: 6.75% For Senior Citizens: 6.75%
7- Time Duration: 3 years to 5 years For General Citizens: 6.25% For Senior Citizens: 6.75%
8- Time Duration: 5 years to 10 years For General Citizens: 6.25% For Senior Citizens: 7.25%
Let us tell you that the interest rates mentioned here are for domestic deposits of less than Rs 2 crore.