SBI Platinum Deposit Offer To End Tomorrow: Latest Rates & Benefits Here
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SBI Platinum Deposits
The deposit period of the scheme comes in three types i.e. Platinum 75 Days Platinum 525 Days Platinum 2250 Days. Domestic Retail Term Deposits including NRE and NRO Term Deposits (
SBI Platinum Deposits Interest Rates
All other terms and conditions, including interest rates, remain unaffected for all other tenors of Domestic Retail Term Deposits (below Rs. 2 crores) and NRE and NRO Term Deposits. According to SBI, senior citizens and SBI pensioners would continue to receive benefits under the SBI WECARE Scheme for a period of 5 years and above, with no additional rate benefit under Platinum Deposits. Following interest rates of SBI Platinum Deposits are as follows for the regular public and senior citizens.
| Tenor | ROI For Public | ROI for Senior Citizens | ||
|---|---|---|---|---|
| Existing | Proposed | Existing | Proposed | |
| Platinum 75 days | 3.90% | 3.95% | 4.40% | 4.45% |
| Platinum 525 days | 5.00% | 5.10% | 5.50% | 5.60% |
| Platinum 2250 days | 5.40% | 5.55% | ROI applicable under SBI WECARE Scheme (6.20%) | |
| Source: SBI |
SBI Fixed Deposit Interest Rates For Regular & Senior Citizens
With effect from 08.01.2021, SBI fixed deposit interest rates are in force. For a deposit amount of less than Rs 2 Cr the most recent rates are as follows:
| Tenors | For Public (in % p.a.) | For Senior Citizens (in % p.a.) |
|---|---|---|
| 7 days to 45 days | 2.9 | 3.4 |
| 46 days to 179 days | 3.9 | 4.4 |
| 180 days to 210 days | 4.4 | 4.9 |
| 211 days to less than 1 year | 4.4 | 4.9 |
| 1 year to less than 2 year | 5 | 5.5 |
| 2 years to less than 3 years | 5.1 | 5.6 |
| 3 years to less than 5 years | 5.3 | 5.8 |
| 5 years and up to 10 years | 5.4 | 6.2 |
| Source: Bank Website |
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