Latest News
-
Bajaj Group Stock Declares Rs. 60/Share Dividend: Buy Ahead of Record Date On 28 June? -
Rs 45/Share Dividend: Record Date In Due Course; Buy The IT Stock For Dividend Eligiblity? -
175% Dividend: TATA Group Stock Declares Q4 Results; Buy The Rekha Jhunjhunwala Portfolio Stock? -
2:15 Bonus: Tata Group's Penny Stock Below Rs 90, Gives 2,821% Returns In 5 Years: Announces Q4 Report Card -
Rs. 240/Share Dividend: May 7 Fixed As Record Date; Buy The IT Stock To Be Eligible? -
1:5 & 1:2 Split, Rs 6/Sh Dividend: Fertilizer Stock Coming Up With 600% Payout; Record, Payment Dates Fixed -
Cube Highways Trust Set to Acquire Seven Highway Assets Worth Rs 5,172 Crore -
1:10 Split, Rs 51 Dividend: Accumulate Tata Stock, TP Rs 170; Big Update On £1.25 Bn Investment -
Tech Mahindra Sets Three-Year Plan for Robust Growth and Market Leadership by FY27 -
Tech Mahindra Q4 Net Profit Falls 41%, Announces Growth Strategy
For Daily Alerts
SBI Hikes Fixed Deposit Rates By Up To 25 bps
In a span of just 2 months, the state-run lender has again hiked rates on bank FDs by up to 25 basis points. The new rates are effective from May 28, 2018. For a select 4 maturities, the lender has raised deposit rates for deposits below Rs. 1 crore.
It is to be noted that last time the rates were hiked in March effective March 28, 2018. Also some revisions have also been made in case of bulk deposits between Rs. 1 crore and Rs. 10 crore and those over Rs. 10 crores.
Compare all fixed deposit interest rates here
| Maturity term | Previous interest rate | New rates with effect from 28/05 | Revised return for Senior citizens |
|---|---|---|---|
| 7 days to 45 days | 5.75 | 5.75 | 6.25 |
| 1 year to less than 2 years | 6.40 | 6.65 | 7.15 |
| 2 years to less than 3 years | 6.6 | 6.65 | 7.15 |
| 3 to less than 5 years | 6.7 | 6.7 | 7.2 |
| 5 years and upto 10 years | 6.75 | 6.75 | 7.25 |
More From GoodReturns
