Bank Fixed Deposit is one of the major investments in India. It offers a fixed interest rate over a period of time. Often this time frame does not change. The interest rate has not changed much either.
But even though the interest rate is a bit high, it is profitable for the savers. That way you can know the interest rate on SBI, IDFC First Bank, Postal Deposit including.
What is the rate at SBI? This interest rate is applicable for amounts made up to Rs 2 crore in SBI. This includes 50 basic points for senior drinking people. 7 days - up to 45 days; Interest rate - 2.90% from 46 daysFor deposits up to 179 days - 3.90% from 180 days Up to 210 days- 4.40% from 211 daysFor deposits less than 1 year - 4.40% within 1 year to 2 years - 4.90% Within 2 years to 3 years - 5.10%3 years to 5 years - 5.30%5 years to 10 years - 5.40%
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