Thursday June 29, 2017 - 11:18 am

अपडेट सबसे पहले

<< Home

State Bank of India FD Interest Rates 2024: All types of FD Details

Post Last Updates by Ankit: Friday, March 1, 2024 @ 5:43 PM

State Bank of India FD Interest Rates 2024: All types of FD Details

SBI Offers Competitive Fixed Deposit Interest Rates for 2024

News: Fixed deposits (FDs) are a popular investment choice for many people. They offer safety, stability, and predictable returns. If you’re considering opening an FD, the State Bank of India (SBI) is a reliable option. Let’s dive into the details of SBI’s FD interest rates for 2024.

SBI FD Interest Rates

SBI offers competitive interest rates on its fixed deposits. Here are the key highlights:

General Public:

  • Short-term FDs (7 days to 45 days): 3.50% p.a.
  • Medium-term FDs (46 days to 179 days): 4.75% p.a.
  • Longer-term FDs (180 days to 10 years): Ranging from 5.75% p.a. to 6.50% p.a.
  • Special 400-day FD (Amrit Kalash): 7.10% p.a. (including an additional premium under the “SBI Wecare” deposit scheme).

Senior Citizens:

  • SBI offers an extra 0.50% p.a. interest rate to senior citizens.
  • For example, the 400-day FD for seniors earns 7.60% p.a.

Tax-Saving FD:

  • Available for both general public and senior citizens.
  • Offers an interest rate of 6.50% p.a.

Subscribe to Sarkari Result to stay informed. Get the latest celebrity news and detailed movie reviews in real-time. Keep up with the constantly changing world of entertainment with Sarkari Exam.

Types of SBI Fixed Deposits

Apart from regular FDs, SBI provides various fixed deposit products:

1. NRO (Non-Residential Ordinary) FD: For NRIs residing in India.

2. NRE (Non-Residential External) FD: For NRIs residing abroad.

3. RFC (Resident Foreign Currency) FD: For returning NRIs.

4. FCNR (B) (Foreign Currency Non-Repatriable) FD: Available in USD, GBP, Euro, CAD, AUD, and JPY.

Why Choose SBI FDs?

1. Safety: SBI is a government-owned bank, ensuring the safety of your investment.

2. Flexible Tenures: Choose a tenure that suits your financial goals.

3. Senior Citizen Benefits: Higher interest rates for seniors.

4. Tax Benefits: Tax-saving FDs help you save on taxes.

If you’re looking for a secure investment option with attractive returns, consider SBI fixed deposits. Remember to check the latest rates before making your investment decision. 


1. Am I allowed to start an SBI fixed deposit account if I’m a non-resident Indian (NRI)?

Non-resident Indians (NRIs) can indeed open an SBI fixed deposit account.

2. What documents do I need to open an SBI fixed deposit account?

To open an SBI fixed deposit account, you’ll need to provide an application form, your photographs, proof of identity, address verification as per KYC norms, a copy of your PAN card or Form 60/61, and your Aadhaar card.

3. Are there any extra perks for senior citizens with SBI fixed deposits?

Certainly! Senior citizens enjoy an added benefit of 0.50% interest rate on their SBI fixed deposits, which means they can earn more interest on their savings.

Disclaimer: Please note that all content and tools on this website are provided for your convenience and are offered “as is” without warranties. The information provided, including any tool-generated output, is for informational purposes only and should not be considered investment advice or guarantees. Exercise caution, seek professional advice, and make independent judgments before acting on any information found on this site.

Note: All informations like net worths, obituary, web series release date, health & injury, relationship news & gaming or tech updates are collected using data drawn from public sources ( like social media platform , independent news agency ). When provided, we also incorporate private tips and feedback received from the celebrities ( if available ) or their representatives. While we work diligently to ensure that our article information and net worth numbers are as accurate as possible, unless otherwise indicated they are only estimates. We welcome all corrections and feedback using the button below.

Submit a correction


More Jobs For You