SBI FD Interest Rates

State bank of India fixed deposit, is always a good option to make some extra money with your hard earned money. Money in banks is supposed to be a Safe and secure.

Now state bank of India has revised interest rates for Domestic Term Deposits. Good thing about sbi fixed deposit is that you can create fixed deposit account for 7 Days to 10 Years. New interest rates are effective from the 8 December, 2014.

Sbi Fixed Deposit Interest Rates ‘Below Rupees One Crore’

  • For Deposit 7 to 179 Days interest rate is in between 5-7.00%.
  • For Fixed deposit of 180-210 Days – 7.25% interest rates.
  • For 211-1 year deposit – 7.50% interest rate.
  • For 1 Year to 3 Years – 8.50 % interest Rate.

Sbi Fixed Deposit Interest Rates for Senior Citizens: For senior citizens interest rate is .25% higher than other on deposits for one year and above.

sbi fd rates

SBI FD TABLE:

TIME PERIOD BELOW ONE CRORE ABOVE ONE CRORE
Interest Rate
(per annum)
Senior Citizen Rates
(per annum)
Interest Rate
(per annum)
Senior Citizen Rates
(per annum)
7 – 14 Days 5.00 5.00 6.25 6.50
15 – 30 Days 5.00 5.00 6.25 6.50
31 – 45 Days 5.00 5.00 6.25 6.50
46 – 60 Days 7.00 7.00 6.25 6.50
61 – 90 Days 7.00 7.00 6.75 7.00
91 Days – 180 Days 7.00 7.00 6.75 7.00
181 Days – 270 days 7.25-7.50 7.25-7.50 6.75 7.00
271 Days – 1 year 7.50 7.50 6.75 7.00
1 Year – 2 Years 8.50 8.75 8.25 8.50
2 Years – 3 Years 8.50 8.75 8.50 8.75
3 Years – 5 Years 8.50 8.75 8.50 8.75
5 Years – 10 Years 8.25 8.50 8.50 8.75

Sbi Fixed Deposit Interest Rates ‘One Crore and above’

For the amount above one crore, State bank of India gives 6.25% interest rates for 7-60 days fixed deposits, 6.75% for 60 days to 1 year deposits and 8.50% interest rates for 1 year to 10 year deposits.

So,These were latest official Sbi Fixed Deposit Interest Rates revised for the Year 2014-.

Source: https://www.sbi.co.in/portal/web/interest-rates/domestic-term-deposits