Utility News: SBI is giving so much interest in FD, you can also take advantage of it
SBI, the leading bank among public sector banks, keeps giving benefits to its customers by bringing one scheme or the other from time to time. Sometimes by increasing the interest on FD and sometimes by reducing the interest on the loan. SBI has come up with such a new scheme. In such a situation, if you are a regular customer of SBI Bank or you are a senior citizen, then you will get the benefit of this.
SBI is offering 6.10 percent interest per annum to regular customers and 6.9 percent per annum to senior citizens on FDs with a maturity of 5 years. In this case, you can get the benefit of it.
If you make an FD of Rs 5 lakh for 5 years in SBI's bank FD, then the regular customer will get around Rs 6,76,753 on maturity at 6.1 percent interest per annum. With this, your money will not only increase, but you will also get a big benefit.