WebRecurring Deposit SBI Bank Features Minimum Deposit: Minimum monthly deposit is Rs.100 and also your monthly installment should be in multiples of Rs.10. Interest Rate: Interest … WebJan 31, 2024 · State Bank of India RD interest rates varies between 5.1 per cent-5.4 per cent for the general public and an additional interest rate hike of 50 basis points for senior citizens. These rates are effective from January 15, 2024. In the SBI RD account, customers are required to make monthly deposits of a minimum of Rs 100 and in multiples of Rs ...
SBI Hikes Interest Rates on Recurring Deposits. Check Latest …
WebAug 17, 2024 · Features. Period of deposit Minimum - 12 months, Maximum - 120 months. Available at all branches. Minimum deposit amount is Rs. 100/- per month (thereafter in multiples of Rs. 10/-) Penalty is charged on delayed payment of instalments. WebApr 10, 2024 · 10 April 2024. Fixed Deposit. The Bank of India FD rates for the general public and senior citizens range from 3% to 7.65% on investment amounts less than ₹2 crore. … companies banned in india
SBI Recurring Deposit Interest Rates - 2024 - BankBazaar
WebMar 31, 2024 · Rate of interest on RD is same as applicable to term deposits. The rate applicable to all Senior Citizens of age 60 years and above will be 0.50% above the applicable rate of general customers. Investing in State Bank Of India is a great option for those who have fewer earnings. WebFeatures of BOI RD Interest Rates 2024 The minimum deposit amount needed to open an RD account in the Bank of India is Rs. 500 (in urban and metro branches) The tenure ranges from 6 months to 120 months (10 years) Senior citizens are given the privilege of earning an extra 0.50% interest rate over the regular rates WebMar 22, 2024 · SBI RD Interest Rates 2024. State bank of India has slashed RD & FD interest rates for an individual to 4.40% on a 1-year RD, earlier the interest rate was 5.70%. Duration: Interest Rates (%ge) Interest Rates for Senior Citizens (%ge) 6 months to 12 months: 4.40: 4.90: 12 months to 24 months: 5.00: 5.50: 24 months to 36 months: 5.10: eating out shipley