SBI Offers 2.9% Interest On Fixed Deposit Of 7-45 Days. Check FD Interest Rates Here

SBI fixed deposit holders can opt for receiving interest amount on monthly, quarterly, half-yearly or yearly basis.

SBI FD Interest Rates: State Bank of India (SBI), the country's largest lender, offers Retail Domestic Term Deposits or fixed deposits for various tenors with varied interest rates. Tenors for State Bank of India's fixed deposit accounts start from a minimum of 7 days and go up to 10 years, according to information on State Bank of India's website https://sbi.co.in. Currently, the country's largest bank offers interest rate starting from 2.9 per cent on fixed deposit of 7 days to 45 days and maximum interest rate of 5.40 per cent on fixed deposit of 5 years and up to 10 years, SBI noted on its website. SBI offers an additional 0.5 per cent interest to senior citizens. (Also Read: SBI Plans To Double Its Home Loan Portfolio In Next Five Years)