Categories: Banking

SBI Fix Deposit Interest Rate, State Bank Of India Interest Rate

SBI Fix Deposit Interest Rate

Features

FD Features

Minimum period of deposit – 7 days
Maximum period of deposit- 10 Years
Available at all branches
Minimum deposit amount Rs. 1,000/- and thereafter in multiples of Rs. 100/-
Maximum deposit amount: No Upper Limit
A deposit of Rs. 2 crore and more is classified as bulk deposit
Interest on a Term Deposit is payable to the depositor quarterly from the date of issue or at maturity along with principal. But on request from the depositor, interest may be paid at monthly, half-yearly or yearly intervals in case of Term Deposits fixed for a term of twelve months and above.
Nomination available in favour of individual only
Transferability allowed among our branches
TDS is applicable as per Income Tax Rules. Form 15G/15H can be submitted by the depositor for exemption from tax deduction as per IT Rules.

Tenors	Existing Rates for Public w.e.f. 15.01.2022	Revised Rates For Public w.e.f. 15.02.2022	Existing Rates for Senior Citizens w.e.f. 15.01.2022	Revised Rates for Senior Citizens w.e.f. 15.02.2022
7 days to 45 days	2.90	2.90	3.40	3.40
46 days to 179 days	3.90	3.90	4.40	4.40
180 days to 210 days	4.40	4.40	4.90	4.90
211 days to less than 1 year	4.40	4.40	4.90	4.90
1 year to less than 2 year	5.10	5.10	5.60	5.60
2 years to less than 3 years	5.10	5.20	5.60	5.70
3 years to less than 5 years	5.30	5.45	5.80	5.95
5 years and up to 10 years	5.40	5.50	6.20	6.30