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State Bank of India revises savings bank deposits interest rate

Last Updated : Jul 31 2017 | 5:01 PM IST

With effect from 31 July 2017

State Bank of India (SBI) has revised interest rates on Savings Bank Deposits with effect from 31 July 2017. Accordingly, rate of interest on savings deposits balance upto Rs 1 crore will be 3.50% per annum and 4% rate of interest on savings deposits balance above Rs 1 crore.

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First Published: Jul 31 2017 | 1:56 PM IST