SBI has given gifts to its customers in the new year. The bank has increased the interest rates of its fixed deposits.
The bank has increased interest rates for the general public as well as senior citizens. The new interest rates have come into effect from 8 January 2021. The bank has increased interest rates by 0.10 per cent for general customers. At the same time, it has been increased by 0.50 percent for senior citizens.
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After the latest amendment, between 7 days and 45 days, SBI FDs will now get 2.9% interest. The bank will pay 3.9% interest on FD between 46 days to 179 days. For 180 days less than 1 year FD will get 4.4% interest.
