SBI has lowered interest rates for both savings accounts and FDs. Effective June 15, 2025, this follows RBI's recent policy easing. The new rate for all SBI savings accounts is 2.65%, down 5 bps.

State Bank of India (SBI) has reduced fixed deposit (FD) interest rates by 15 basis points for tenors between 46 days and ...

State Bank of India (SBI), the country's largest public sector bank, has lowered its interest rates on fixed deposits (FDs) and savings accounts, a move effective from June 15, 2025. This change ...

SBI also continues to offer the Amrit Vrishti fixed deposit scheme with a tenure of 444 days. The interest rate on this deposit is 6.60% for general customers as of June 15, 2025.

You can stop banks from deducting TDS on your fixed deposit interest—if your total income is below the taxable limit. Banks usually deduct 10% tax (TDS) if your FD interest is more than Rs 40,000 in a ...

After the latest interest rate revision, SBI offers 2.5 percent interest on savings accounts. On fixed deposits (FD), SBI now offers 6.25 percent when the tenure is between 1 to 2 years against 6. ...

On fixed deposit rates, or retail domestic term deposits, SBI has cut interest rates to 6.05% for the general public on deposits maturing between 211 days and less than one year from 6.3% earlier.

Source: SBI website Updated interest rate for saving account Earlier interest rate: 2.7% (below Rs 10 crore deposit- 2.7%, Rs 10 crore and above- 3%) Current interest rate: 2.5% SBI Amrit Vrishti rate ...

With SBI reducing FD rates, experts suggest exploring debt mutual funds for better post-tax returns, especially for those in ...

The 444-day special FD schemes offered by leading Indian banks are a smart choice for investors who are looking for stable ...

SBI 5-Year Fixed Deposit (FD) The State Bank of India currently offers interest rates ranging from 3.05% to 6.60% for general depositors and up to 7.10% for senior citizens, depending on tenure. For ...

A fixed deposit calculator is a wonderful device for anyone who wants to invest in FDs. It removes the uncertainty, provides you with clarity, and enables you to make better money choices.