Wed, Apr 17, 2024
Banks such as State Bank of India (SBI), Bank of Baroda (BoB), ICICI Bank, HDFC Bank, Punjab National Bank (PNB) and Canara Bank offer up to 7.75% interest rate on 5-year FDs to senior citizens, as per Paisabazaar.com data.
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Tue, Apr 16, 2024
Fixed deposit (FD) is a scheme run by post office as well as banks, small finance banks, and non-banking finance companies (NBFCs). Investors keen on non-market-linked investment products invest in FDs since they provide guaranteed returns. Like many other banks, State Bank of India (SBI) also provides additional interest rates to senior citizens on most of its FDs.
Sat, Jan 06, 2024
SBI FD Interest Rate 2024: Recently, the country's largest bank- State Bank of India (SBI)- has increased interest rates on some of its selected maturity fixed deposits (FDs) by up to 0.50 per cent. With the new interest rates in place in SBI FD, let's see what corpus you will make if you invest Rs 5 lakh for 1, 2, 3 and 5 years.
Wed, Dec 27, 2023
SBI FDs are quite popular among investors seeking guaranteed returns and fixed income. Since, an FD is not market-linked, it is a popular investment option among investors with low-risk appetite. Mutual funds are market-linked and their value may increase or decrease with the performance of the share market. In this write-up, we will tell you which of the two options (SBI FD vs Mutual Fund) can give you better returns in the long term.
Sat, Mar 18, 2023
Bank FD interest rates: State Bank of India (SBI), ICICI Bank, HDFC Bank, Punjab National Bank (PNB) and a bunch of top lenders in the country pay FD interest rates offered to the tune of 3-7.75 per cent on domestic fixed deposits of up to Rs 2 crore.
Wed, Feb 15, 2023
SBI FD Interest Rate 2023: The hiked rate is applicable on fixed deposits below Rs 2 crore.
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