Banking: SBI again cuts FD (Fixed Deposit) interest rates, know which bank will remain profitable to invest in..

The country’s largest bank State Bank of India (SBI) has again cut interest rates on fixed deposits (FDs) of less than Rs 2 crore. FD interest rates have been reduced from 0.10% to 0.50%. The new rates will be applicable from 10 February. This was followed by a 0.15% reduction in the interest rate in January.

In such a situation, if you are planning to make a fixed deposit (FD) in the bank, then it is very important for you to know which bank is paying how much interest on the FD of how many years, so that you can invest your money in the right place. We are telling you about the interest received on the FD of 5 such banks where your money will also be safe and you will get good interest on less than 2 crore investment.