What is the interest rate for SBI savings account?

What is the interest rate for SBI savings account?

Interest Rates on Savings Bank Deposits

What is SBI interest rate per month?

Monthly5.40% p.a. Quarterly5.40% p.a. Half-yearly5.40% p.a. Yearly5.40% p.a.

Which bank offers 7% interest on savings account?

Savings account interest rates of Jana Small Finance Bank are effective from 15th November, 2022. On savings bank deposits of more than Rs. 1 lakh and upto Rs. 50 Crores, the bank is now offering an interest rate of 7.00%.19-Nov-2022

What is the interest of 1 lakh in SBI for 1 month?

FD Monthly Interest Pay-out for Deposits of Rs 1 lakh

Which SBI account is best?

SBI's savings bank account A savings bank account is a basic account that safeguards customer's money. SBI pays an interest rate of 3.5 per cent per annum on saving deposits balance up to Rs. 1 crore. Saving deposits balance above ₹ 1 crore pays 4 per cent per annum interest rates.05-Nov-2018

Which bank gives highest interest?

Fixed Deposit Interest Rates by Different Banks

Which bank gives 7% interest monthly?

Equitas Small Finance Banks offers interest rates between 3.50% and 7% on various amounts. The interest rates with the Equitas Small Finance Bank are provided below, effective as of November 9, 2022. Jana Small Finance Bank offers interest rates between 4.50% to 7% on various amounts.22-Nov-2022

What is the interest of 2 lakh per month in SBI?

You can further check monthly interest for ₹2 Lakhs in bank while you stay invested and can gain extra income on the interest earned per month.List of Fixed Deposit Interest Rates on ₹2 Lakhs Offered by Banks.

What is the interest of 2 lakh in SBI?

State Bank of India FD Returns Based on Investment Amount

Where can I get 6% interest?

Digital Federal Credit Union offers 6.17%, Blue Federal Credit Union offers 5.00%, Landmark Credit Union offers 7.50%, online bank Mango Money offers 6.00% and Consumers Credit Union and online bank T-Mobile Money, both offer 4.00%.17-Jun-2022

What are the 3 types of savings accounts?

While there are several different types of savings accounts, the three most common are the deposit account, the money market account, and the certificate of deposit. Each one starts with the same basic premise: give your money to the bank and in return the money will earn interest.08-Mar-2019

What are the 4 types of savings accounts?

There are different types of savings accounts to choose from, and they're not all alike. The options include traditional savings accounts, high-yield savings accounts, money market accounts, certificates of deposit, cash management accounts and specialty savings accounts.22-Sept-2022

How much interest will I get for 5 lakhs?

Monthly Payout

What is the interest of 1 lakh in post office?

Post Office FD Returns Based on Investment Amount

Is there any FD for 1 year?

The maturity term for an FD account ranges from seven days to ten years. A short-term fixed deposit has a maturity term from seven days to a maximum of 12 months. Fixed deposit interest rates vary from bank to bank and this will fluctuate and may be also revised.

Can I have 2 SBI accounts?

Is it possible to have more than one SBI savings account? You can have different types of accounts in SBI (like savings, current, etc.) but with the same customer ID. All the accounts will be interlinked.13-Dec-2022

Which ATM SBI card is best?

1. Best SBI Debit Cards

Which deposit is highest interest in SBI?

Retail Domestic term deposits - Interest Rates

Which savings account is best?

Best Zero Balance Savings Account 2022

Which bank gives monthly interest?

Some of the Best Interest Rates on FDs

Which bank has monthly interest?

New Delhi: IDFC First Bank is offering a monthly interest credit facility on all of its savings bank accounts. Effective from July 1, savings account interest will be credited on a monthly basis. As per Reserve Bank of India (RBI) regulations, banks credit interest to depositors' accounts on a quarterly basis.18-Jul-2021

What is the interest rate for SBI savings account?