SBI REDUCED THE FD RATE

State Bank of India (SBI) today sharply reduced the fixed deposit(FD) rates after RBI today cut interest rates by 75 basis points to 4.4%. The revised rates came into effect from 28th March

SBI had earlier cut interest rates on FDs on 10th March.

SBI latest FD rates for general public:

7 days to 45 days - 3.5%

46 days to 179 days - 4.5%

180 days to 210 days- 5%

211 days to less than 1 year - 5%

1 year to less than 2 year- 5.7%

2 years to less than 3 years - 5.7%

3 years to less than 5 years - 5.7%

5 years and up to 10 years - 5.7%

SBI latest FD rates for senior citizens)

7 days to 45 days - 4%

46 days to 179 days - 5%

180 days to 210 days- 5.5%

211 days to less than 1 year - 5.5%

1 year to less than 2 year- 6.2%

2 years to less than 3 years - 6.2%

3 years to less than 5 years - 6.2%

5 years and up to 10 years - 6.2%