SBI revised FD rates: how to invest in specific tenure (400 days)?

[ltf4ever]

effective today 15th Feb, sbi has revised fd rates.
on their website, they have also mentioned that for a specific tenor of 400 days, the rate is 7.1%.

but on yono app when i try to book an fd, i cannot see this option.

see screenshot.

can anybody guide?

 

[Chaitanya-a]

Instead of that, if you book under '1 year to 2 year', you're getting 7.3%. Then why would you opt for 7.1%?!

 

[suhas.gopal]

Instead of that, if you book under '1 year to 2 year', you're getting 7.3%. Then why would you opt for 7.1%?!

That is only for Senior citizen . I am assuming that @ltf4ever is not a senior based on the query.

 

[Chaitanya-a]

That is only for Senior citizen . I am assuming that @ltf4ever is not a senior based on the query.

My bad 😂 I didn't read senior citizen there

 

[Pujaari]

Its been introduced today and think sbi being sbi will take a while updating its app/website🙂

 

[R!ppEr]

axis gives 7.26 for 2yrs already to normal people 😱

 

[Chaitanya-a]

axis gives 7.26 for 2yrs already to normal people 😱

Yeah private banks are providing better FD interest rates as compared to SBI.
IDFC is giving 7.5% pa for more than 1.5 years.

 

[Milan]

FD interest rate 6.80% hai.

 

[thanix]

I think it is called as Amrit kalash(?!) special scheme deposit. Amrit Kaal is only for those who wait...

 

[ltf4ever]

That is only for Senior citizen . I am assuming that @ltf4ever is not a senior based on the query.

My bad 😂 I didn't read senior citizen there

yup, not looking for senior citizen rates.

axis gives 7.26 for 2yrs already to normal people 😱

i have a few FDs in axis at this rate, so i wanted to have some in sbi also, especially for only 400 days as compared to 2yr in axis.

 

[bugmenot]

can anybody guide?

Try from netbanking. It has option to enter days and you may try with 400 days.

 

[ltf4ever]

Try from netbanking. It has option to enter days and you may try with 400 days.

ok i will try.
but i did the same in yono app by putting the number of days as 400 (tried 1yr 32,33,34,35,36 days) but it was not showing me the special rate.

 

[Pujaari]

ok i will try.
but i did the same in yono app by putting the number of days as 400 (tried 1yr 32,33,34,35,36 days) but it was not showing me the special rate.

In the app itself it will showup just before you finalise the FD. Initial page it shows 6.8 something but on the final screen it shows up and confirms as 7.10 . Go ahead i just broke and renewed some of my FD's with sbi using the app

 

[ltf4ever]

In the app itself it will showup just before you finalise the FD. Initial page it shows 6.8 something but on the final screen it shows up and confirms as 7.10 . Go ahead i just broke and renewed some of my FD's with sbi using the app

thanks! it is working now.
when i had posted this, i think they had not updated the app.