Hi @aasish_m,
Welcome to the Niyo Community! 
The interest rate offered for FDs can vary and is subject to change based on the bank’s policies. While SBM offers up to 7% interest on their FDs, this rate may fluctuate depending on various factors. Typically, the rate you receive can be influenced by the amount and tenure of your FD.
To get the most accurate and up-to-date information, please check the FD rates directly on the Niyo app’s FD home page. The app will reflect the latest interest rates provided by SBM Bank, which might show slight variations (about 1% to 2%) compared to rates offered through other channels.
If you have any more questions or need further assistance, feel free to reach out.