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After the recent reduction of repo rate by 25 basis points by RBI, the country’s largest public sector bank, SBI, has also reduced its loan rates by 0.25%. This is effective from today i.e. April 15, 2025.
SBI Personal Loan: The country’s largest lender, State Bank of India (SBI), has reduced its lending rate by 0.25 per cent, passing on the benefit of the Reserve Bank’s policy repo rate cut to its customers.
SBI Savings Scheme: The bank is offering interest rates ranging from 3.50 per cent to 7.00 per cent to the general public on FD schemes with different tenors. Let us tell you that this bank is offering interest rates ranging from 4.00 percent to 7.50 percent on various term FD schemes to senior citizens.
State Bank is offering interest ranging from 3.50 percent to 7.00 percent to general citizens on FD schemes of different tenures. Let us tell you that this bank is offering interest ranging from 4.00 percent to 7.50 percent to senior citizens on FD schemes of different tenures.