SBI FD Return News

SBI FD Return News – SBI is giving 6.80% interest to its customers on fixed deposits for 1 year and 7.30% interest to senior citizens

If you want a fixed profit every year, then SBI FDs are the best for you because you get a very good interest on their FDs. Your money will be safe in State Bank of India and you will not get 1 paisa less nor 1 paisa more than the interest rate told to you, that is, you will definitely get the money as told to you. In such a case, SBI FDS is considered a very safe and good investment.

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SBI Bank Scheme News

SBI Bank Scheme News – SBI new FD Scheme Amrit Vrishti

SBI has launched its new fixed deposit scheme Amrit Vrishti. Indian and NRI customers are getting attractive bonuses in this scheme. Before this scheme, SBI has also launched two schemes named SBI Wecare and Amrit Kalash. While SBI Wecare is for senior citizens, SBI Amrit Kalash is for all people.

SBI Amrit Vrishti Yojana

SBI Amrit Vrishti Yojana is for 444 days. And in this, 7.25% interest is available. If any senior citizen takes the loan, he will get 0.50% extra interest today. Customers can also take a loan against this scheme after investing in it. The time limit for this scheme is till 31st March, 2025.

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SBI Jobs 2024 News

10/0/2024 – SBI Vacancy 2024 News – 45 lakh salary is being received for the post of specialist officer in SBI bank, know who can apply

SBI Recruitment 2024 News – This wonderful opportunity is being provided by SBI for the people who are interested in getting a job in a government bank, where the job has come out for the recruitment of specialist officer in State Bank of India. Those who want to apply for this post can apply by visiting the official website of SBI sbi.co.in. The last date to apply is 24 September 2024.

Vacancies

In State Bank of India, total 58 posts have been released for the post of specialist officer, out of which 3 are vacant for deputy vice president and 30 seats are vacant for the post of assistant vice president, and finally 25 posts are vacant for senior special executive.

Education qualification

For the post of deputy vice president, it is mandatory for the person to have cleared B.Tech/ MCA or M.Tech and 10 years of experience is also compulsory.

For the applicant of assistant vice president, it is very important to have B.Tech/BE or BCA and 10 years of experience is also mandatory.

Age limit – The age limit for deputy vice president is 31 to 45 years and for assistant vice president the age limit has been fixed between 29 to 42 years. The age limit for senior special executive has been kept between 27 to 40 years.

The salary range of deputy vice president will be around 45 lakh rupees per annum, the annual salary of assistant vice president will be 35 lakh rupees and the annual salary of senior special executive will be 29 lakh rupees.

Working hours

Presently the candidates for all these posts will be selected for 3 years only, but later it can be increased by 2 more years.

Application fee

The application fee for all categories of people will be Rs. 750, and there will be no fees for ST/SC candidates.

Selection process

Eligible candidates will be selected through interview. The interview will be of 100 marks and then a merit list will be prepared from them and after all types of interviews, final candidates will be selected.

SBI FASTag News

SBI FASTag News – SBI has launched a new design of fastag, know full details

SBI AKA State Bank of India has launched a new design of fastag whose main focus is on reducing the time people spend at toll plazas. This is a very advanced fastag design which further increases the detail of the vehicle and toll collection capacity.

Who can use SBI’s new FASTag?

For now SBI FASTag has been launched only for class-4 vehicles i.e. jeep, car, van etc. Soon in the future, these tags will also be used on large vehicles like trucks. This fastag has started being available from 30 August, 2024.

SBI Recruitment 2024 News

SBI Recruitment News 2024 – All those who dream of a government job have been given a very happy news, State Bank of India has released recruitment information on sbi.co.in to fill many types of posts.

For this you have to go to sbi.co.in/web/careers/current-openings and whatever kind of job you are looking for, you can search it by going to this link. The date for applying for the job has started from 2 September, 2024 and this link will be closed on 24 September, 2024.

Types of job list

• On this link you will find the list of jobs like deputy vice president (31-35 years age).
• assistant vice president (29-42 years age).
• assistant vice president (security and risk management) (29-42 years age).
• senior specialist executive (27-40 years age).

SBI PPF News – Know how much interest you will get if you deposit 3500 rupees every month in SBI Bank PPF Scheme

State Bank of India PPF Scheme News – The State Bank of India is giving very good profits to its investors through its PPF scheme, which is why this scheme has become quite popular among people. In the PPF scheme of State Bank of India, your money remains completely safe, and you also get your money back on time along with interest.

State Bank of India – SBI PPF Scheme Detail News

If we talk about the SBI PPF Scheme, then you have to invest money for 15 years, and you can invest a maximum of 1.50 lakh rupees in 1 year.

You can start this scheme with as little as 1000 rupees per month. This SBI PPF Scheme offers a very good interest rate of 7.1%.

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Who can invest in this SBI PPF Scheme?

Any Indian resident can invest in the SBI PPF Scheme; however, even if you are not a resident of India in any form, you cannot invest in this scheme. To invest in this, it is very important that you are at least 18 years old.

If you want, you can also take this scheme for a child older than 10 years, but only his parents can manage the account for him, and only when the child turns 18 can the child manage this scheme himself.

HUF and NRI people cannot invest money in this scheme; only the people of India can invest in it.

How does the SBI PPF Scheme Account open?

If you are also thinking of investing in the SBI PPF Scheme, you can open your account by going to any SBI branch in India. For this, you have to go to the bank, fill out the form related to this scheme, and submit it to the bank. If you want, you can also invest in this scheme by going online from the bank’s website.

How much interest will you get today on depositing 3500 rupees monthly in the SBI PPF Scheme?

In the SBI PPF Scheme, if you deposit Rs. 3500 every month, you will invest a total of Rs. 6,30,000 over 15 years. When your 15 years are completed, your scheme will mature, and the bank will return this money to you along with interest, of which you will receive Rs. 5,09,099. If you total them, the amount becomes Rs. 11,39,099.

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SBI News – SBI Deposit Rate War News

First of all, many best wishes to the new chairman of SBI, Shri CS Shetty, for joining. The new chairman of SBI has said that there will still be pressure to increase savings in the banking system.

He also said that SBI is not going to get involved in any kind of interest rate fight to increase bank cash. Instead, their focus will be on customer service and expanding their network.

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Repo rate still maintained at 6.5 from the last 9 times

Although the RBI has not yet cut the repo rate to curb rising inflation, it is possible that a decision will be made at the meeting to be held in October 2024.

CS Shetty says that he plans to acquire 90% of the loans without guarantees through digital media.

What is an interest rate fight?

When there is more investment in the share market and mutual funds, banks reduce the interest rates on loans a little and increase the interest on the money deposited in the savings account to motivate their customers to take a loan. Those who do not want to take a loan can get a little more interest by depositing their money in the bank’s savings account.

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Friends, Sarkari Bank of India, I mean State Bank of India is the biggest and oldest Government bank of our country. SBI’s name also appears in the top 500 Fortune companies of the world. SBI provides all types of financial services, be it home loan, personal loan, business loan etc. or a long list of credit cards or debit cards, SBI sells everything.

SBI bank is trusted a lot by Indians and this is the reason that today’s market value of SBI bank is approximately Rs 7.25 lakh crore. One more thing, whenever there is news of any scam, you will always find SBI’s name included in it. Why is it so, I don’t know.

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Sbi Bank has 22,500 branches in India, approximately 64,00 ATMs and ADWMs and has more than 50 crore customers through a large network of 82,900 BC outlets.

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SBI Daily Trend – SBI Share Price Today

SBI FAQ

Is it good to buy SBI Bank shares now?

State Bank Of India has a TTM P/E ratio of 11.16 compared to the other banking sector shares of P/E of 9.23. According to this, you can buy SBI shares now and earn a good profit in the future.

What is the target price of SBI shares?

SBi share is likely to go above 1000 rupees in the coming time.

Is SBI share overvalued or undervalued?

If the market price of the share is compared with today’s rate, then it is currently undervalued, and it is likely to go even higher.

How much money is safe in the State Bank of India?

According to today’s law, up to 5 lakh rupees are safe in your bank account, raised in the 2020 union budget under the DICFC Act, 1961.

Who owns the most shares of SBI?

Till June 2024, the Indian government held around 57.54% of the SBI shares. The non-promoter shareholders of SBI shares have 9.02% shares of the company. That company is also a state-owned company named LIC, i.e., Life Insurance Corporation of India.

We hope you like our article on SBI Share Price Today – Daily High, Daily Low, Daily Opening, Daily Closing Rates.

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