{"id":1754,"date":"2020-09-13T20:42:45","date_gmt":"2020-09-13T15:12:45","guid":{"rendered":"https:\/\/www.parinitasharma.com\/?p=1754"},"modified":"2021-10-14T00:44:23","modified_gmt":"2021-10-13T19:14:23","slug":"sbi-fixed-deposit-rates-for-1-year-revised-to-4-9-time-to-lock-the-interest-rate","status":"publish","type":"post","link":"https:\/\/www.parinitasharma.com\/blog\/sbi-fixed-deposit-rates-for-1-year-revised-to-4-9-time-to-lock-the-interest-rate\/","title":{"rendered":"SBI Fixed Deposit Rates for 1 year revised to 4.9%. Time to Lock the Interest Rate."},"content":{"rendered":"\n
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State Bank Of India<\/figcaption><\/figure><\/div>\n\n\n\n

Dear Reader, <\/p>\n\n\n\n

Bank FD was treated as good investment when Repo rate was in double digit.<\/p>\n\n\n\n

But today repo rate is 4% and chances to reduce very soon as per current GDP.
In 2020 FD rate revised 3 time till September..
As per the current GDP of india , Interest rate will fall again.<\/p>\n\n\n\n


So on such situation how will you protect your investment?<\/strong>
So this is correct time to lock your FD interest rate 6.29 % for whole life by moving Bank’s FD to LIC ‘s FD .
Now have a look of current bank FD rates.<\/p>\n\n\n\n

<\/p>\n\n\n\n

SBI latest FD interest rates for general public effective 10 September<\/strong><\/h4>\n\n\n\n

7 days to 45 days – 2.9%<\/p>\n\n\n\n

46 days to 179 days – 3.9%<\/p>\n\n\n\n

180 days to 210 days – 4.4%<\/p>\n\n\n\n

211 days to less than 1 year – 4.4%<\/p>\n\n\n\n

1 year to less than 2 years – 4.9%<\/p>\n\n\n\n

2 years to less than 3 years – 5.1%<\/p>\n\n\n\n

3 years to less than 5 years – 5.3%<\/p>\n\n\n\n

5 years and up to 10 years – 5.4%<\/p>\n\n\n\n

SBI Latest FD interest rates for senior citizens effective 10 September<\/strong><\/h4>\n\n\n\n

SBI offers senior citizens\u2019 an additional 50 bps interest rate across all tenors. After the latest revision, senior citizens will get 3.4% to 6.2% on FDs maturing in 7 days to 10 years.<\/p>\n\n\n\n

7 days to 45 days – 3.4%<\/p>\n\n\n\n

46 days to 179 days – 4.4%<\/p>\n\n\n\n

180 days to 210 days – 4.9%<\/p>\n\n\n\n

211 days to less than 1 year – 4.9%<\/p>\n\n\n\n

1 year to less than 2 years – 5.4%<\/p>\n\n\n\n

2 years to less than 3 years – 5.6%<\/p>\n\n\n\n

3 years to less than 5 years – 5.8%<\/p>\n\n\n\n

5 years and up to 10 years – 6.2%<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Dear Reader, Bank FD was treated as good investment when Repo rate was in double digit. But today repo rate is 4% and chances to reduce very soon as per current GDP.In 2020 FD rate revised 3 time till September..As per the current GDP of india , Interest rate will fall again. So on such […]<\/p>\n

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