Super senior citizens can benefit from fixed deposits with higher interest rates. SBI offers the Patrons scheme for those ...
India's biggest bank, the State Bank of India (SBI), offers varying fixed deposit (FD) interest rates based on the duration of the deposit. SBI provides FD facilities in the range of 6.5 per cent ...
In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with higher interest rates and added flexibility to attract customers. These ...
Banks have started offering higher returns on FDs amid fierce competition to raise more deposits. While leading banks such as ...
State Bank of India (SBI ... points higher interest rate than what is offered to senior citizens, while the recurring deposit scheme would be similar to rates offered on fixed deposits.
The interest rate for fixed deposits remains constant from the time of investment throughout the deposit's duration. SBI has recently launched 'SBI Patrons,' a unique Term Deposit scheme designed ...