SBI new FD rates are applicable from today, 10 FebruarySBI has slashed fixed deposits rates by 25-50 bps in the bulk segment
2 min read10 Feb 2020Apart from opening FD online, you can also close it online tooYou can close an FD online even before maturity
1 min read17 Dec 2019State Bank of India (SBI) charges a penalty for premature withdrawal of an FD accountSBI gives 4.50% to 6.4% interest on FDs ranging from 7 days to 10 years
2 min read25 Oct 2019SBI income tax saving FDs, known as SBI Tax Savings Scheme, 2006, can help you claim deductions for investments up to ₹1.5 lakh a year under Section 80C of the Income Tax Act
1 min read8 Jan 2019SBI Tax Savings Scheme offers tax benefits of up to ₹1.5 lakh under Section 80C of the Income Tax Act.
1 min read8 Dec 2018The minimum term deposit amount needed for creating an SBI Multi-Option Fixed Deposit Scheme account is ₹10,000 and in multiples of ₹1,000 each thereafter
1 min read5 Dec 2018The minimum instalment that one is required to deposit in an SBI Reinvestment FD Plan is ₹1,000
1 min read26 Nov 2018Multi-option deposit account, reinvestment account and tax savings account are some of the FD accounts of SBI
2 min read22 Nov 2018Here is a list of the current FD rates from some popular banks for deposits up to ₹1 crore over various tenures
1 min read2 Aug 2018SBI is offering senior citizens 50 bps higher interest rate than that given to general public. The bank has hiked interest rate on retail FDs (below ₹1 crore) by up to 10 basis points.
1 min read31 Jul 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared