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 5 October, 2015.

Sbi Fixed Deposit Interest Rates ‘Below Rupees One Crore’

For Deposit 7 to 179 Days interest rate is in between 5.50-6.50%.
For Fixed deposit of 180-210 Days – 6.75% interest rates.
For 211-1 year deposit – 7.00% interest rate.
For 1 Year to 3 Years – 7.25-7.50 % interest Rate.

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

sbi fd rates

SBI FD TABLE 2016:

TIME PERIODBELOW ONE CROREABOVE ONE CRORE
Interest Rate
(% per annum)
Senior Citizen Rates
(% per annum)
Interest Rate
(% per annum)
Senior Citizen Rates
(% per annum)
7 – 14 Days5.505.755.505.75
15 – 30 Days5.505.755.505.75
31 – 45 Days5.505.755.505.75
46 – 60 Days6.506.756.006.25
61 – 90 Days6.506.756.006.25
91 Days – 180 Days6.506.756.006.25
181 Days – 210 days6.757.006.506.75
211 Days – 1 year7.007.256.506.75
1 Year – 2 years7.25-7.507.50-7.756.757.00
2 Years – 3 Years7.507.756.506.75
3 Years – 5 Years7.007.256.006.25
5 Years – 10 Years7.007.256.006.25

Sbi Fixed Deposit Interest Rates ‘One to 50 Crore’

For the amount above one crore, State bank of India gives 4% interest rates for 7-60 days fixed deposits, 4.25-6.75% for 60 days to 1 year deposits and 6.75% interest rates for 1 year to 10 year deposits.

NRO Fixed Deposit Rates:

Time PeriodBelow 1 Crore (% p. a.)Above 1 Crore (% p.a)
 7-45 Days 5.50 5.50
 46-60 Days 6.50 6.00
 61-179 Days 6.50 6.00
 180-210 Days 6.75 6.50
 211 Days – one Year 7.00 6.50
 1 Year – 455 Days 7.25 6.75
 456 Days – 3 years 7.506.75
 3 – 10 years 7.00 6.00

NRE Fixed Deposit rates:

Time Period Below 1 crore (% p.a.)Above 1 Crore (% p.a.)
 1 Year – 455 Days 7.25 6.75
 456 Days – 2 Years 7.50 6.75
 2 – 3 Years 7.50 6.50
 3 – 5 Years 7.00 6.00
 5 – 10 Years 7.00 6.00

Important notes:

#For above 50 crores deposits, you have to visit your home branch.
#The updated interest rates shall be made applicable to new deposits and renewals of maturing deposits.
#Addition 1% interest rate is applicable for SBI Staff and SBI pensioners.
#Staff are not eligible for extra 1% rate of interest for NRO deposits, but they are eligible in case domestic term deposits.
#There are “zero” Premature penalty to withdraw term deposits upto 5 lacs. But the deposits have remained for minimum 7 days.
#For the deposit Rs 5.00- 1 crore, the prepayment penalty will be 1%.
#No premature penalty will be charged from staff and SBI pensioners Deposits.

So,These were latest official Sbi Fixed Deposit Interest Rates revised for the Year 2016.

Updated: 5 July, 2016

Find SBI Maturity Value with our Fixed Deposit Calculator:


91 Comments on SBI FD Interest Rates

  1. I want to invest some amount to , like MIS & FD at SBI. please advise I also want to break this amount within one yr. amount may be 15 lakhs. between reqd 10 lakhs.

      • I have 100000 rupees I interest to put this amount in sbi fd how many scheme will be there please inform me in my mail id.

        • I have 100000 rupees I interest to put this amount in sbi fd how many scheme will be there please inform me in my mail id.

        • I have 100000 rupees I interest to put this amount in sbi fd how many scheme will be there please inform me in my mail id

    • Take the benefit of investing in SBH Kubera FD for 400 days, where you get 8+ % p.a. interest for senior citizens and comparatively for others also the interest rates in SBH is quite good. Just compare and invest do not loose your hard earned amount. I am not a Bank employee am JUST a citizen and want to create awareness in public. Good wishes

  2. Dear sir or madam,
    I have one year old son and I want to deposit of Rs. 1,00,000/- in SBI
    Please suggest me for how many years should I plan.
    Thank you.
    With regards,

    Vignesh

  3. I am superannuating in April 2015 from multi national company. I want to put 26 Lakhs for long term say 3-5 years ,Can i get senior citizen benefit if i present company retirement letter & how much interest i will get

  4. sir, I am coming on retirement. I want monthly income scheme I want invest 10 lakhs. How many rupees get in one month. Is it TaX free?

    • I have fixed deposit from previous year and atained the age of 60 on 02 Jan 15 but amount matured in Mar 15 and again I refixed it means I continued . I have to intimate to bank of age or it is automatically done. can I get senior citizen rate of interest.bank has given me normal interest rate like previous year.what should I do now.

    • sir iam 60years and retired from govt job on April 2015 want to invest 2000000 in sbi mis for 3 years what will be my monthly income.

  5. Sir i am ex army persons fromm 1 jun 15 invested 10 lakhs rs as a mis/fd in sbi how can possible as a senior ciyizen my age running 39.

  6. I would like to put 10,00,000/- how much interest I can get per month. I want to know which bank will give better interest.

  7. Dear sirs, I have seven months old daughter and I want to deposit of Rs. 1,00,000/- in SBI Please suggest me for how many years should I plan.
    Thank you.
    With regards,

    • Madam, Please open KANYA SAMRIDDI account with any Post Office or any Public Sector Bank. It fetches you 9.10% tax free returns. It is similar to PPF . It is a govt. of India scheme for long term returns for benefit of girl child below 10 years of age.

  8. Hi I would like to know how much of interest I would get if I deposit 20lakh for a period of 10 years.I would like to take a loan against this FD and kindly give me details of how much of interest I will get monthly and how much of amount I would have to pay for emi if I take a loan of amount 15 lakh..please let me know the details.

  9. Dear sirs/madams Any investment please contact “sporran financial services”. we are providing service like Fixed deposits,Life Insurance,Mutual funds,General insurance. contact details:8121585832.
    sporran financial services

  10. Dear Sir/madam,
    i Would like Rs-10000 (ten thousand)Fixed Deposited for 2 years .after 2 years letter how much i am take amount with interest ?

  11. hi,

    i have to invest 60000/- rs. can anyone suggest me which is the better option to get more returns.

    Thanks….

  12. I have fixed Rs. 71000.00 @ 8.5% in sbi on 4/11/11, it will matured on 4/11/21. From which year I have to submit 15H, How can i know the sum of interest amount added in the A/c which will be mention in 15 H?

  13. Respected Sir
    I want to fixed Deposit sum of Rs 75000(seven five triple zero). Here I want to Know what would be compound money after 5 years.

  14. Dear sir i am a student of b.com ….i want fd in sbi bank …how can i apply……i also have a a/c in sbi.

  15. i want to invest 1 lakh rupee in sbi. how much interest I can get on fixed deposit and also tell me the other option of investment so that I can get higher returns .

  16. Dear Sir
    I Have 3 years old daughter and i want to deposit of 1,00000/- in SBI please suggest me for how many years should i plan

    thank you
    regards
    G.Naidu
    09494916460

  17. Dear sir
    I have 10 months old daughter and i want to deposit 10,000/- in SBI please suggest me for how many years should i plan

    thank you
    regards
    sandeep thakur
    7024124767

  18. I want to invest 50,000 amount to FD (Fixed Deposit) at SBI for 1-Year.
    How much interest & Amount I can get per Year.
    Please advise Shall I break this amount within 1-Year.

    Thanks & Regards,
    V Vinod Kumar
    Mobile : 08806066457

    • I would like to deposit 40,00000 as fd for 10 to 12 years will u please let me know how much monthly interest i will get as i m already having my account in sbi.

  19. Dear sir,
    I have one year old son and I want to deposit of Rs. 1,00,000/- in SBI
    Please suggest me for how many years should I plan.
    Thank you.
    With regards,

    RSK

  20. What is the best investment plan now for a one year old girl child so as to receive one crore when she attains her 25 years?

  21. I want to invest 1,00,000 amount to FD (Fixed Deposit) at SBI for 1-Year.
    How much interest & Amount I can get per Year.
    Please advise Shall I break this amount within 1-Year.

    Tharun

  22. I would like to Fixed deposit Rs 100000 for 2 to 3 years how much interest will I get every month and what would be my final amount which I will receive on Maturity. Thank you, Need you’re help and suggestion.

  23. I have ten year old girl.I would like to invest 2 lakhs.how much interest I can get every month.or which is de good plan to invest. Or If I invest for ten years how much I will get along with the interest. Thank you
    Raji

  24. Wants to deposit 4000000 in sbi as i m a already a sbi account holder want to know how much i will get monthly interest.

  25. i want to invest 50,000 amount toFD at SBI for 1 year.how much intrest & amount i can get per year.
    gajanand devda
    mo.no. 9926584805

  26. I would like to fixed Rs100000 for five year n above for my children education purpose. Pls suggest me how many year should i plan n what will be the final amount. Thank you.

  27. i suggests to make a fd of 21 lacs for no time limit..but how much return every month and what is the benefit differ from other bank fd ….

  28. Dear Sir,Mam

    Please tell me how to deposit the amount through Net banking..
    Tell me the steps.. Any form want to submit in the home branch or any other SBI branch..
    Please let me know. I want to deposit.

  29. i want to open STRcumulative interest paid on maturity for 2 years. i am senior citizen how much rate of interest i will get if i deposit on line or by visiting SBI branch. i see there is difference of .25 %. please confirm.

  30. sir i am 45 yrs i am already a sbi account holder i suggests to make a fd of 3 lacs for no time limit..but how much return every month and what is the benefit differ from other bank fd ….

  31. Sir i am ex army persons fromm 1 july 15 invested 20 lakhs rs as a mis/fd in sbi how to monthly income. Please tell me email address

  32. dear sir
    i totally confused because which side i save my money fd,rd, ppf, indra vikas patter or finens.

  33. Please advise the maturity value for 1 to 10 years in respect of a deposit of Rs.1,000/- taking into consideration the present interest rate.

  34. I am a senior citizen. I am having a Fixed deposit with state bank of India for a period of one year which matures in September this year. I wish to reinvest this amount in FD for a period of five years and wish to have interest quarterly. How much amount I will get quarterly.

  35. Dear
    Sir, This is to inform yo that I have invested Rs 200000(2 lakhs) for 35 months on dated 2.11.14 but now I wish to break before the maturity let me how much amount will credit in my account before prematurity break.
    Amit
    9451941690

  36. R/Sir,Mam,
    I am 48 yrs and now retired. I am SBI a/c holder and want to open FD in SBI. Request guide me whether based on market position, long-term (ie 5 yrs onwards) FD is much benefit other than short-term FD(ie below 5 yrs) or otherwise. Your early suitable guidance will highly be appreciated.

  37. dear sir or madam,
    I have one month old sons and I want to deposit of Rs. 50,000/- in SBI
    Please suggest me for how many years should I plan.
    Thank you.
    With regards,

    Nuthi Srinivas 8341374299

  38. sir, I am working in Maldives, I want monthly income scheme. I need monthly 7000 rupiah interest . How much i want to deposit. Is it Tax free?

  39. Dear Sir,

    What is the best investment plan now for a one year old girl child so as to receive one crore when she attains her 25 years?and which is the best plan for 30year person Please tell me sir?

  40. Sir I want to fix Rs 10 lakhs in your bank and I am holding Nre account how much is the interest for 3 years & how much % & if I want interest on my account every month then per month how much I will get please tell me soon waiting for your reply

  41. Sir,The true fact is that a sr.citizens survive on he interest of fixed deposits,which they have acquired by their P.F,GRATUITY,LEAVE ENCASEMENT AND MAY BE FEW MORE AFTER SERVING for 30-35 years.Due to reducing rates of interest so frequently with S.B.I can you suggest options what would be the best way to invest in your bank so that survival be accommodate with rising prices of all commodities. Thanks & Regards.

  42. Dear Sir/Madam,
    I want to invest 1,00,000 amount to FD (Fixed Deposit) at SBI for 1-Year.
    How much interest & Amount I can get per Year.
    Also let me know want are the interest rate of per month,3 months,6 months & 9 months
    Please advise Shall I break this amount within 1-Year

  43. What is the age covered under senior citizen of indian army personnel who retired on completion of age/service condition so that able to invest

  44. Dear Sir,

    My father was a Dy. Manager in SBI and died in 2000. My mother is getting family pension right now. We had gotten additional 1% more interest on on Fixed Deposit as a staff member i.e. if regular interest is 8% (For Non SBI-staff) then as a SBI-staff can get 8% + 1% = 9%). On 24th,August 2015, we made a Fixed Deposit but Branch get interest as Normal Customer (as Non SBI-staff). We told that as a staff, we should have 1% additional interest then they told that rules are changed now. Now staff can be get only normal interest …no any additional (1%) interest will be given to staff. Is it there any change in staff policy for interest on fixed deposit recently like this?

  45. I want to invest 1,00,000 amount to FD (Fixed Deposit) at SBI for 1-Year.
    How much interest & Amount I can get per Year.
    Also let me know want are the interest rate of per month,3 months,6 months & 9 months
    Please advise Shall I break this amount within 1-Year

    lakshmi

  46. i am 60+, but i want to deposit rs. 40 thousand per year upto 5 years in senior citizen scheme, some body in sbi patiala to ,you will get if done for five years you will get double payment i.e 2+2 = 4 lakhs,life will be insured, income tax rebate, is it true. if yes then what is that scheme and details please.

  47. I would like to put 200000 for 3years. How much interest & amount I will get after 3 years.

    what is the FD Interest Rate.

    Waiting your Response.

    Thanks and Regards
    ……………….

  48. I want to invest thru MIS in SBI for 5 years. What will be monthly income per Lakh. Is taxable? Kindly reply thru email.

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