SBI Now Pays These Interest Rates On Fixed Deposits Up To Rs. 2 Crore ndtv.com

State Bank of India (SBI), which revised its interest rates on fixed deposits earlier this month, offers eight different maturity periods on retail deposits. The country's largest bank currently pays interest at the rates of 4.50-6.50 per cent on fixed deposits up to Rs. 2 crore to the public, and 5-7 per cent to senior citizens, according to its website – sbi.co.in. With effect from September 10, SBI revised interest rates applicable to retail fixed deposits (FD) in select maturities.