Recently, we have posted quick review post on state bank of India Fixed deposit interest rates. After quick analysis, I have found that State bank of India offers low interest for short term of deposit.

Even Punjab national bank FD rates is better than State bank of India for short term deposits. State bank of Patiala is another Indian govt sector bank which provides good interest rates for both saving and fix deposit account. Below rates are effective from 18 November, 2016.

state bank of patiala fd interest rates

State Bank of Patiala Fixed Deposit Interest Rates Table ( Domestic/NRO deposits accounts):

TIME PERIODINTEREST RATES (% p.a.)
For Deposits Below 1 CroreFor Deposits 1-5 Crore
7 – 14 Days5.503.75
15 – 30 Days5.503.75
31 – 45 Days5.503.75
46 – 60 Days6.503.85
61 – 90 Days6.503.85
91 Days – 180 Days6.503.85
181 Days – 270 days6.754.00
271 Days – 1 year7.004.25
1 Year – 2 Years6.954.25
2 Years – 3 Years6.854.25
3 Years – 5 Years6.504.25
5 Years – 10 Years6.504.25

State Bank of Patiala NRE FD Interest Rates:

 Maturity Period Amount Below 1 croreAmount Above 1 crore
 1 year – 455 days 6.90 4.25
 456 days – 2 years 6.95 4.25
 2-3 years 6.85 4.25
 3-5 years 6.50 4.25
 5-10 years 6.50 4.25

Table Updated: 19 January, 2017

Calculate Maturity amount now

Important notes:

  • SBP provides 4% interest rates in saving accounts for both Domestic and Non-Resident Accounts.
  • .50% additional interest available for senior citizens ( Only for above 1 year deposit account).

So, these were State bank of patiala fixed deposit rates. For more detail visit their official link @ https://www.sbp.co.in/maininterestrates.aspx

10 Comments

  1. Please update your interest rate on Google . It’s not appreciable . When I visited your Branch in Ludhiana different rates were displayed . With change in technology , people in IT sector of Bank should also change 🙂

  2. Please update your interest rate on Google . It’s not appreciable . When I visited your Branch in yamuna nagar different rates were displayed .its do not up to date , people in IT sector of Bank should also change

    • Our website doesn’t belong to any bank or financial institution..interest rates keep changes time to time… we provide official link end of the post for confirmation… Thank you..

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