SBI has increased interest rates on FD while giving gifts to customers on New Year.
Let us know what is the new interest rate of the State Bank of India on fixed deposits in the year 2023.
1- FD rates for one year: For General Citizens: 6.75% For Senior Citizens: 7.25%
2- FD rates for two years: For General Citizens: 6.75% For Senior Citizens: 7.25%
3- FD rates for three years: For General Citizens: 6.25% For Senior Citizens: 7.25%
4- FD rates for four years: For General Citizens: 6.25% For Senior Citizens: 6.75%
5- FD rates for five years: For General Citizens: 6.25% For Senior Citizens: 6.75%
6- Tax-Saving FD Rates: For General Citizens: 6.25% For Senior Citizens: 7.25%
Let us tell you that the maximum slab rate of the State Bank of India is 6.75% which is available for 1 year to 3 years.