Sbi Fd Interest Rates 2024 Senior Citizens. Sbi offers fds with tenures ranging from 7 days to up to 10 years with the rate of interest ranging from 2.90% to 5.10%. To senior citizens for tenures ranging from 7 days to 10 years.
Indian citizens above the age of 60 years. The tax on fds is in the form of tax deducted at source (tds).
Higher Interest Rates For Bulk Deposits Of โน2 Crore And Above, Ranging From 4.75% To 6.75% For The General Public And 5.25% To 7.25% For Senior Citizens.
The interest rate for sbi senior citizen fixed deposit scheme is 7.50% per annum, effective from 15 february 2023.
There Is No Cap On The Upper Limit Of The Deposit Amount.
The Table Below Shows The Latest Fd Interest Rates For Senior Citizens.
Higher interest rates for bulk deposits of โน2 crore and above, ranging from 4.75% to 6.75% for the general public and 5.25% to 7.25% for senior citizens.
Also, For Senior Citizens Sbi Offers Additional Premium Of 50 Bps Under โSbi Wecareโโ Deposit Scheme.