News > SBI Revises Interest Rates On FDs of Less Than Rs. 2 Cr (W.e.f. 15.01.2022)

SBI Revises Interest Rates On FDs of Less Than Rs. 2 Cr (W.e.f. 15.01.2022)

The country's largest lender State Bank of India has revised its interest rates on Retail Domestic term deposits of less than Rs. 2 Cr. The new rates are effective as of today, January 15, 2022, according to the bank's official website.

Following the update, SBI has revised its interest rates on fixed deposits maturing in one year to less than two years. Earlier, the bank was offering a rate of 5.00 percent, but from today, it will provide a rate of 5.10 percent to the general public, a 10 basis point increase.