Sbi FD Interest Rates 2023
Sbi FD Interest Rates 2023
sbi-fd-interest-rates 2023
Revision in Interest Rates On Retail Domestic term deposits (Below Rs. 2 crore) interest rates revised w.e.f. 22.10.2023
Accordingly, the interest rates for Retail Domestic Term Deposits ‘Below Rupees Two Crore ‘have been revised.The revised interest rates are as under :
(All figures in % per annum)
| Tenors | Existing Rates for Public w.e.f. 15.10.2022 | Revised Rates For Public w.e.f. 22.10.2022 | Existing Rates for Senior Citizens w.e.f. 15.10.2022 | Revised Rates for Senior Citizens w.e.f. 22.10.2022 |
| 7 days to 45 days | 3.00 | 3.00 | 3.50 | 3.50 |
| 46 days to 179 days |
4.00 | 4.50 | 4.50 | 5.00 |
| 180 days to 210 days |
4.65 | 5.25 | 5.15 | 5.75 |
| 211 days to less than 1 year |
4.70 | 5.50 | 5.20 | 6.00 |
| 1 year to less than 2 year |
5.60 | 6.10 | 6.10 | 6.60 |
| 2 years to less than 3 years |
5.65 | 6.25 | 6.15 | 6.75 |
| 3 years to less than 5 years |
5.80 | 6.10 | 6.30 | 6.60 |
| 5 years and up to 10 years |
5.85 | 6.10 | 6.65 | 6.90 |
A special ‘SBI Wecare’ Deposit for Senior Citizens has been introduced in the Retail TD segment wherein an additional premium of 30 bps over & above the existing 50 bps i.e. 80 bps over card rate for public (as indicated in the above table) will be paid to Senior Citizens on their retail TD for ‘5 Years and above’ tenor only. ‘SBI Wecare’ deposit scheme stands extended up to 31st March 2023.
