State Bank Of India – Interest rates on Deposits:
Interest rates on deposits offered by SBI on deposits up to Rs.1 Crore:
Following interest rates are as in 0ct 2015:
One can check highest deposit rate offered by SBI is now 7.50% for period of 456 days to period of less than 03 years.
SBI FD Rates For General Public:
| Tenure | Interest rates For Deposits Upto One Crore Only |
| 7 Days – 45 Days | 5.25% |
| 46 Days – 179 Days | 6.75% |
| 180 Days – 210 Days | 6.75% |
| 211 Days – Less than one year | 7.00% |
| 1 Yr – 455 Days | 7.25% |
| 456 Days – Less than 02 Yrs | 7.50% |
| 2 Yrs – Less Than 03 Yrs | 7.50% |
| 03 Yrs – Less Than 05 Yrs | 7.0% |
| 05 Yrs – 10 Yrs | 7.00% |
Sample Maturity Values of Rs.1 lakh:
| Deposit Perio | Sample Maturity Value Of Rs.1 Lakh |
| 90 Days | 1,01,294 |
| 180 Days | 1,03,403 |
| 1 Yr | 1,07,450 |
| 3 Yrs | 1,24,972 |
| 5 Yrs | 1,41,468 |
| 10 Yrs | 2,00,160 |
Please note minor variation in maturity value is possible w.r.t that of bank.
SBI FD Rates – Senior Citizen:
SBI Offers 0.25% extra for senior citizens having age above 60 yrs for selected periods & Interest rates for senior citizens at SBI are as follows:
| Tenure | Interest rates For Deposits Upto One Crore Only |
| 7 Days – 45 Days | 5.50% |
| 46 Days – 179 Days | 6.75% |
| 180 Days -210 Days | 7.00% |
| 180 Days – 210 Days | 7.25% |
| 211 Days – Less than one yr | 7.50% |
| 1 Yr – 455 Days | 7.75% |
| 456 Days – Less Than 02 Yrs | 7.75% |
| 02 Yrs – Less Than 05 Yrs | 7.25% |
| 05 Yrs – 10 Yrs | 7.25% |
SBI Tax Saving FD Rates:
Deposits of tenures 05 yrs are eligible for tax benefit u/s 80C.Make sure than deposit is tagged as tax saver deposit.
Rate of interest of SBI Tax Saver Deposit is similar to 05 year deposit with lock in period of 05 years.