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25th January 2018, 02:00 PM
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Join Date: Aug 2012
Re: Fixed Deposit Scheme In State Bank Of India

State Bank of India (SBI) offers best Fixed Deposit (FD) rates in the industry for individuals and senior citizens. An SBI FD scheme is a best savings solution that is safe and offers guaranteed returns. SBI offers a wide range of fixed deposit schemes that gives good interest rate and flexible tenure options

SBI FD rates for Regulars
Tenure Rate of interest
7 days to 45 days 5.25%
46 days to less than 2 years 6.25%
2 years to 10 years 6%

For deposits less than Rs.1 crore

SBI FD rates for senior citizens
Tenure Rate of interest
7 days to 45 days 5.75%
46 days to less than 2 years 6.75%
2 years to 10 years 6.50%


Duration of the Fixed Deposit Scheme

SBI Tax Savings Scheme, 2006: 5 years- 10 years
Reinvestment Scheme: 6 months 10 years

SBI MODS: 1 year - 5 years
Annuity Deposit Scheme: 3 years- 10 Years
SBI Flexi Deposit Scheme: 5 years - 7 years


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