Customers who have an account with SBI have good news. Customers of SBI are currently receiving a direct bonus of Rs 40,088 if they also have accounts with the largest public sector bank in the nation, but you can only take advantage of this offer till March 31.
SBI is offering a 7.1% rate
on FDs with a maturity of 400 days. With this, the sum of less than Rs 2 crore has increased by 25 basis points. You have until March 31 to take advantage of this. Let us explain to you how you will receive the Rs 40,088 benefit.
The interest rates on the special scheme
offered by the State Bank of India (SBI) have gone up. If you deposit Rs. 5 lakhs, you will eventually receive Rs. 5,40,088. Tell them you will receive Rs. 40,088 in interest from this. Your fixed income is this. This perk is accessible through any branch.
Until March 31 you have to take
advantage of this State Bank of India program. If you haven’t made an investment in this plan yet, you still have time to benefit by doing so before it expires.
In addition, the bank has raised interest rates
on deposits of less than Rs 2 crore by 25 basis points. First 1-year maturity SBI FDs are receiving a 6.75% benefit. Currently, this has increased by 0.5%, and a profit of 6.80% is being realized as a result. The benefit of 7 percent interest is now being earned on FDs of 2 years, which were previously earning 6.75 percent interest.
If we are talking about FDs
they used to receive benefits at a rate of 6.25 percent, but now they will receive benefits at a rate of 6.50 percent. FDs having a maturity of 5 years now earn 6.50 percent interest instead of the previously offered 6.25 percent. Let us inform you that as of February 15th, the bank’s revised rates are in effect.
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