New FD Rates: SBI vs Post Office fixed deposit interest rates compared. Where to invest?
1 week ago

New FD Rates: SBI vs Post Office fixed deposit interest rates compared. Where to invest?

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A fixed deposit promises to offer a reliable, consistent, long-term return on investments. SBI fixed deposits India's biggest bank, the State Bank of India, offers varying fixed deposit interest rates based on the duration of the deposit. A term deposit of one year will provide 6.8 per cent interest, 7 per cent for a two-year term deposit, and 6.75 per cent interest for term deposits of three and four years. For the period of January to March 2025, post offices will offer fixed deposits in the range of 6.7 per cent to 7.1 per cent. A one-year term deposit will provide 6.9 per cent interest, 7 per cent for a two-year term deposit, and 7.1 per cent for a three-year term deposit.

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