2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
24th July 2018, 07:14 PM
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Re: State Bank of India RD Interest Rate

Hi buddy here I have come to know State Bank of India RD Interest Rate as I am thinking to open my RD account there so will you plz let me know about the same here ??
  #3  
24th July 2018, 07:15 PM
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Join Date: Aug 2012
Re: State Bank of India RD Interest Rate

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation headquartered in Mumbai, Maharashtra.

As you want here I am giving below info related to State Bank of India RD Interest Rate :

State Bank of India RD Interest Rate for different Investment Periods
Investment period RD rates for regular deposit RD rates for Senior Citizens
1 year to 455 days 6.90% 7.40%
456 days to 1 year 364 days 6.95% 7.45%
2 years to 2 years 364 days 6.85% 7.35%
3 years to 4 years 364 days 6.50% 7.00%
5 years to 10 years 6.50% 7.00%
SBI Recurring Deposit Interest Rates

SBI offers RD interest rates up to 6.95%
Interest on RD with SBI is compounded quarterly.
SBI accepts minimum deposits starting at Rs. 100.
For senior citizens, SBI offers RD rate up to 7.45%.

Bank profile :
Type Public
Traded as NSE: SBIN
BSE: 500112
LSE: SBID
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, financial services
Founded 2 June 1806, Bank of Calcutta
27 January 1921, Imperial Bank of India
1 July 1955, State Bank of India
2 June 1956, nationalization
Headquarters
Mumbai, Maharashtra, India

Chennai, Tamil nadu, India
Delhi, India
Area served Worldwide
Key people Rajnish Kumar (Chairman)
Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards
Revenue

₹210,979 crore (US$31 billion) (2017)
Operating income

₹50,848 crore (US$7.6 billion) (2017)
Net income ₹10,484 crore (US$1.6 billion) (2017)
Total assets

₹3,445,121 crore (US$510 billion) (2017)
Total equity ₹2.171 trillion (US$32 billion) (2016)
Owner Government of India (61.23%)
Number of employees 278,872 (2017)


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