State Bank of India Hike FD Interest Rate 2023

Currently, RBI increasing repo rates for indian banks because of inflation

State Bank of India has increased the interest rates of fixed deposits

State Bank has increased the interest rate by 5 to 25 basis points.

Now the annual FD interest rate has been reduced to 6.8 percent

You will be given up to seven percent interest on a fixed deposit of two years.

Apart from this, interest of six and a half percent will be available for three years and 5 years.

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