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PSU banks like State Bank of India (SBI), Canara Bank, Bank of Baroda (BoB), Indian Bank, Indian Overseas Bank, Central Bank of India, Bank of India, and Punjab National Bank (PNB) provide special fixed deposit (FD) schemes to general and senior citizens. The tenure of these FDs varies from bank to bank, and these are…
New Delhi: India’s largest public sector lender State Bank of India (SBI), has slashed the interest rates for its term deposit scheme Amrit Vrishti from 6.85 percent to 6.60 percent with effect from 15 June 2025. “The interest rate of specific tenor scheme of “Amrit Vrishti”(444 days) has also been revised from 6.85% to 6.60% wef 15-June-2025. Senior Citizens and Super…
New Delhi: India’s largest public sector lender State Bank of India (SBI), on Tuesday launched a new term deposit scheme named “Amrit Vrishti”. The “Amrit Vrishti” scheme offers an attractive interest rate of 7.25% per annum on deposit of 444 days, effective from July 15, 2024. In addition, SBI will provide an additional 0.50% on…