Query related to interest calculation on SBI’s FDs

[samkapoor77]

I want to create an online fixed deposit in State Bank of India. I have so many questions related to interest calculation of fixed deposits. I have found answers to most of my questions in FAQs on the bank’s website. But I couldn’t find whether they calculate interest in fixed deposit on daily, monthly, quarterly or yearly basis. Is there anybody with an idea on it?

[samkapoor77]

I will suggest you that whenever you will login to SBI’s internet banking, go to the link ?customer care’ and post your query there for exact information.

[Author]

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