Opening SBI Fixed Deposit, Opening SBI Fixed Deposit (FD) Account,SBI Fixed Deposit (FD) Account
Opening SBI Fixed Deposit (FD) Account Online 2024


How to Open SBI Fixed Deposit (FD) Account Online

SBI Fixed Deposit Online: In today's digital era, the State Bank of India (SBI) has streamlined the process for its account holders to open fixed deposits (FDs) online. This convenient service, accessible through SBI net banking or the SBI YONO app, empowers you to manage your finances from the comfort of your home.


Why Choose SBI's Online FD Service?

SBI online FD service offers a hassle-free experience, allowing instant renewal or closure of your FD without the need for a physical visit to the bank. The user-friendly interface simplifies payments through net banking, making it a seamless way to handle your fixed deposits.


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Step-by-Step Guide to Open an SBI FD Online:

  • Step 1: Visit the SBI net banking website and log in with your account details.

  • Step 2: Navigate to "e-TDR/e-STDR (FD)" under fixed deposit and click on "Proceed."

  • Step 3: Choose the type of FD you desire and click "Proceed."

  • Step 4: If you have multiple accounts, select the one from which you want to deduct the amount.

  • Step 5: Enter the FD principal amount in the 'Amount' column.

  • Step 6: Select the deposit tenure – whether in days, years/months/days, or until the maturity date.

  • Step 7: Choose the maturity instruction for your FD account – options include auto-renew principal and interest, auto-renew principal and repay interest, or repay principal and interest.

  • Step 8: Click "Terms and Conditions" and submit to complete the process.


Important Tips:

After completing the process, your FD details, including your name, nominee, and transaction number, will be displayed. Ensure to note down the transaction number for future reference. Also taking a printout or saving the PDF file for your records.


By following these simple steps, you can take full advantage of SBI online FD service and efficiently manage your fixed deposits without the need for physical visits to the bank.