State Bank of Bikaner and Jaipur, also known as SBBJ, is a leading public sector bank with its branches located in numerous locations across India. In addition to the regular banking services, SBBJ offers competitive interest rates on fixed deposits to its customers.
Customers have the option to go for fixed deposit schemes with a tenure ranging between 7 days to 10 years. The rate of interest on FDs keeps on varying depending upon the bank policies and market rates.
Short Term Fixed Deposit Rates offered by SBBJ
For short term fixed deposits with tenure less than 1 year, the interest rate offered by State Bank of Bikaner and Jaipur varies between 5.50% and 7.00%. The minimum interest rate of 5.50% applies to the FD for the shortest tenure, ranging between 7 days and 45 days.
It increases to 6.50% for those with the tenure of 45 to 90 days, 6.75% for the tenure of 91 to 179 days and the highest rate of 7.00% applies to fixed deposits with tenure ranging from 180 days to 365 days.
Medium and Long Term Fixed Deposit Rates offered by SBBJ
For the fixed deposits of tenure between 1 and 5 years, an attractive interest rate of 6.50% is offered to the depositors. In case of senior citizens, the bank gives an additional 0.50% interest to them over and above the regular rate of interest offered on the fixed deposits. These special interest rates apply to all deposits up to the amount of Rs 1 crore, with tenure exceeding one year.
Latest SBBJ Fixed deposit Interest rates for amount below 1 crore 2017 ( Domestic, NRE & NRO accounts):
|7 Days to 14 Days||5.50%||5.50%||NA|
|15 Days to 45 Days||5.50%||5.50%||NA|
|45 Days to 90 Days||6.50%||6.50%||NA|
|90 Days to 180 Days||6.50%||6.50%||NA|
|180 Days to 1 Year||6.75-7.00%||6.75-7.00%||NA|
|1 Year to 3 Years||6.95-6.85%||6.95-6.85%||6.95-6.85%|
|3 Years to 5 Years||6.50%||6.50%||6.50%|
|5 Years to 10 Years||6.50%||6.50%||6.50%|
Latest SBBJ Fixed deposit Interest rates for amount 1-10 crores for 2017 ( Domestic, NRE & NRO accounts):
|7 Days to 14 Days||3.75%||3.75%||NA|
|15 Days to 45 Days||3.75%||3.75%||NA|
|45 Days to 90 Days||3.85%||3.85%||NA|
|90 Days to 180 Days||3.85%||3.85%||NA|
|180 Days to 1 Year||3.85-4.00%||3.85-4.00%||NA|
|1 Year to 3 Years||4.25%||4.25%||4.25%|
|3 Years to 5 Years||4.25%||4.25%||4.25%|
|5 Years to 10 Years||4.25%||4.25%||4.25%|
Table Updated: 28 January, 2017
- Minimum deposit amount is rs 10000 for senior citizens.
- Extra .50% for senior citizens, 1% for staff and 1.50% for ex-staff senior citizens is applicable for the deposit period above 1 year.
- For the deposit 5 lacs-1 Crore, 1% penalty will be charged for premature closing.