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    SBI Fixed Deposit Rates

    State Bank of India (SBI) is one of the leading banks of the country. It provides an interest rate of up to 6.85 percent per annum on Fixed Deposits (FDs) or Term Deposits. The SBI FD rates lie within the range of 5.75 percent to 6.85 percent per annum. SBI offers 0.50% higher interest rate on FDs for Senior Citizens.SBI Fixed Deposit rate for senior citizents is 7.35 percent per annum

    SBI FD Interest Rates

    Tenure FD Rates Senior Citizen FD Rates

    7 to 45 days

    5.75%

    6.25%

    46 days to 6 months

    6.25%

    6.75%

    6 to 7 months

    6.35%

    6.85%

    Above 7 days to 12 months

    6.40%

    6.90%

    12 months to 24 months

    6.80%

    7.30%

    24 months to 36 months

    6.80%

    7.30%

    36 months to 60 months

    6.80%

    7.30%

    60 to 120 months

    6.85%

    7.35%

    *The above table highlights the interest rates* for varying tenures for FDs less than Rs.2 crore:

    *The SBI FD rates given here are valid as of 5 March 2019. The rates can change at the discretion of the bank.

    More
    SBI Fixed Deposit
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    5.75% - 7.25% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.40% - 6.75% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    SBI Fixed Deposit Rates is Rated as "Excellent!" by 457 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    SBI Fixed Deposit Rates: April 2019

    Minimum and Maximum SBI Bank fd interest rates 2019 for Regular and Senior Citizen
    SBI Bank FD Rates

    Fixed Deposit Interest Rates in SBI

    State Bank of India(SBI) is one of the oldest banks of the country.The Bank offers a variety of investment products. Fixed Deposits (FDs) or Term Deposits are one of the key products for rewarding interest rates and high returns.

    FD rates in SBI
    • The interest rates applicable on short-term SBI Fixed Deposits with tenures starting from 7 days and up to less than 1-year ranges from 5.75% p.a. to 6.40% p.a.
    • The rate of interest associated with medium-term SBI Fixed Deposits, i.e. tenures ranging from 1 year to 5 years, stands at 6.80% p.a.
    • The FD rates applicable on long-term SBI Fixed Deposits, i.e. maturities ranging from 5 years to 10 years stands at 6.85% p.a.
    • The FD interest rate associated with SBI Fixed Deposits for senior citizens ranges from 6.25% p.a. to 7.35% p.a. depending on the tenure. At present, SBI offers senior citizens 0.50% higher interest rate than others.

    Know more: Best FD Interest Rates in India 2019

    SBI Term Deposit Rates

    The interest rates* for deposits within Rs.2 crore and Rs.10 crore are given in the table below:

    Maturity Period General Public FD interest rate (per annum) Senior citizen FD interest rate (per annum)

    7 to 45 days

    5.75%

    6.25%

    46 days to 6 months

    6.25%

    6.75%

    6 to 7 months

    6.35%

    6.85%

    Above 7 days to 12 months

    6.40%

    6.90%

    12 months to 24 months

    6.70%

    7.20%

    24 months to 36 months

    6.75%

    7.25%

    36 months to 60 months

    6.80%

    7.30%

    60 to 120 months

    6.85%

    7.35%

    *The SBI FD interest rates given here are valid as of 5 March 2019. The rates can change at the discretion of the bank.

    SBI Term Deposit Interest Rates.

    The table below shows the FD rates* for deposits above Rs.10 crore:

    Maturity Period General Public FD interest rate (per annum) Senior citizen FD interest rate (per annum)

    7 to 45 days

    5.75%

    6.25%

    46 days to 6 months

    6.25%

    6.75%

    6 to 7 months

    6.35%

    6.85%

    Above 7 days to 12 months

    6.40%

    6.90%

    12 months to 24 months

    6.70%

    7.20%

    24 months to 36 months

    6.75%

    7.25%

    36 months to 60 months

    6.80%

    7.30%

    60-120 months

    6.85%

    7.35

    *The SBI Term Deposit interest rates given here are valid as of 5 March 2019. The rates can change at the discretion of the bank.

    Rates For SBI Tax Savings Scheme, 2006

    The tenure for SBI Tax Savings Scheme, 2006 is 5 years to 10 years. One can avail tax benefits as stated under Section 80C of the Income Tax Act 1961.

    The following table indicates the rates* associated with SBI Tax Savings Scheme, 2006:

    Maturity Period General Public FD interest rate (per annum) Senior citizen FD interest rate (per annum)
    5 years to 10 years 6.85% 7.35%

    *The interest rates are subject to change as per the discretion of the bank. The rates mentioned above are applicable of 5 March 2019.

    SBI Maturity Value Calculator

    You can estimate the value of returns for an FD scheme using the SBI FD calculator .

    Follow these steps to use the calculator:

    • Visit the official SBI website.
    • Enter the principal amount and annual interest rate.
    • Select the maturity period under 'Duration'.
    • Click on 'Calculate' to get the 'Interest Value' and 'Maturity Value'.

    Know More About SBI Fixed Deposit

    SBI NRI FD

    The State Bank of India (SBI) offers attractive interest rates and a wide range of tenure options on all fixed deposits for Non-Resident Indians. NRIs often look towards India to create a savings pool and also enjoy a host of other benefits such as tax exemption. Some of the best investments options for NRIs are Non-Resident Ordinary (NRO) fixed deposits, Non-Resident External (NRE) fixed deposit and Foreign Currency Non Repatriable (FCNR) fixed deposits. SBI offers both ordinary term deposits and special term deposits for NRIs. These schemes come with different interest payout options. Customers can also avail tax exemption on the interest earned on NRE fixed deposits.

    Taking Loans Against SBI FDs

    All State Bank of India (SBI) customers are eligible to take a loan of their Fixed Deposit (FD) without any hassle at the time of a financial emergency.

    Customers can avail this facility with no penalties, processing or prepayment charges. Loans can be availed on up to 90% of the term deposit held and SBI also provides its customers the benefit of overdraft. Loans on FDs can be taken through internet banking or by visiting the respective SBI branch. The maximum amount that can be taken as a loan or an overdraft is Rs.5 crore while the minimum amount Tis Rs.25,000.

    Now, Buy Paperless Fixed Deposits Instantly!

    Want to buy a fixed deposit but have no time to go to the bank. No worries! You can now purchase the best fixed deposit in the market at the comfort of your home. BankBazaar.com has launched a paperless application process for fixed deposits. This paperless facility will provide consumers the ease of booking a fixed deposit in a paperless manner, instantly.

    All it takes to open an FD is 10 minutes. A prospective investor can compare all FD interest rates online through the BankBazaar website and apply for an FD at the click of a button. Information such as credit rating of the product and other details will also be displayed. The purchase can be made and authenticated using Aadhaar-OPT based KYC verification. One can also upload documents and provide PAN card details.

    Also Know About Fixed Deposit Schemes

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    SBI Fixed Deposit Reviews

    • SBI Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I am having fixed deposit with State Bank Of India ,interest is good .The banking service is good so far .I have not faced any issues so far .Money will be safe on this account .Whenever need money can take and can deposit as well .The banking service is good and satisfied so far .Will get frequent update as well. I am satisfied with the overall service.
      Was this review helpful? 4
      , faridabad
      Reviewed on Apr 30, 2019
    • SBI Fixed Deposit
      "Can do better"
      0.5 3.0/5 "Satisfactory"
      SBI gives only 6.7% of interest for the fixed deposit, there is some charges applicable for the per matured liquidity amount. They take 1% from the paid amount, its not flexible as HDFC. The customer dealing is also average to resolve the queries.
      Was this review helpful? 2
      , delhi
      Reviewed on Apr 29, 2019
    • SBI Fixed Deposit
      "Good in services"
      0.5 4.5/5 "Excellent!"
      My fixed deposit is with State Bank of India. I can open and close this account online. The interest I earn is satisfactory. The customer services and response is good and in all it is a smooth process and there are no unwanted charges taken for the same.
      Was this review helpful? 3
      , bangalore
      Reviewed on Apr 29, 2019
    • SBI Fixed Deposit
      "Its Good"
      0.5 5.0/5 "Blown Away!"
      For SBI fixed deposit there is no locking period, as per the customer convenience they can chose 7 day to 10 years of term. There is pre matured charges they take it from the invest amount . SBI is trusted and reputed and upto Rs.10,000 deposit there is no tax deduction.
      Was this review helpful? 5
      , visakhapatnam
      Reviewed on Apr 24, 2019
    • SBI Fixed Deposit
      "Less interest rate"
      0.5 5.0/5 "Blown Away!"
      Two months before I deposited my money nearly 1,50,000 in SBI . I am really happy with their customer service and response . But the interest rate is around 6.85 % which is lesser comparing to other bank . Since It is Government bank, I need not to worry in future if anything uncertain happens .
      Was this review helpful? 3
      , chennai
      Reviewed on Apr 15, 2019
    • SBI Fixed Deposit
      "Good in all"
      0.5 5.0/5 "Blown Away!"
      I also have a fixed deposit account with State Bank of India. The customer services are good. The process can be done online. The lock in period depends on the choice of the customer. The minimum tenure is six months. The interest rate provided is also equally good.
      Was this review helpful? 8
      , new delhi
      Reviewed on Apr 13, 2019
    • SBI Fixed Deposit
      "Looking for More Investment"
      0.5 5.0/5 "Blown Away!"
      Five years before , I opened a Fixed deposit in SBI , It automatically renewed on every year. I just monitors in online . I am looking for more investment in the future. At one stage I open this fixed deposit for my children's education or marriage .
      Was this review helpful? 4
      , secunderabad
      Reviewed on Apr 10, 2019
    • SBI Fixed Deposit
      "Trusted Saving with SBI"
      0.5 3.0/5 "Satisfactory"
      All we know, SBI is a government bank, that is the reason I have availed fixed deposit from them. As per the current financial year they are providing the interest around 6%, I opened the account through online, but for the closure I think I need to visit the bank.
      Was this review helpful? 13
      , pune
      Reviewed on Feb 25, 2019
    • SBI Fixed Deposit
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken my fixed deposit with STATE BANK OF INDIA, their service is good they provide me good interest rate,my deposit is good in growth, and I am making payment through on line like it get auto debited, and till now experience with this bank was good.
      Was this review helpful? 14
      , hyderabad
      Reviewed on Feb 20, 2019
    • SBI Fixed Deposit
      "Good service"
      0.5 4.0/5 "Great!"
      I have fixed deposit with SBI,As per the bank norms rate of interest is up to 6.88%. I opened the account through bank, There is no maturity period, like it is no fixed period, i can keep on deposit whenever i want and i take whenever i need it is unlimited, Their service is good.
      Was this review helpful? 10
      , bangalore
      Reviewed on Feb 14, 2019
    • SBI Fixed Deposit
      "Good saving for future"
      0.5 4.0/5 "Great!"
      SBI FD account is good, 2 months back I opened this account through offline, I have invested some amount its good, the interest rate is around 8% per annum. The customer support is very good . I can access account through online banking its fine.
      Was this review helpful? 6
      , bangalore
      Reviewed on Feb 09, 2019
    • SBI Fixed Deposit
      "Safe and secured investment"
      0.5 5.0/5 "Blown Away!"
      Currently FD interest rate is around 6.5% for per annum. I deposited one time amount of Rs. 2 lakhs for one year, I have activated the service through online, I have netbanking option to track the details, before expiry if we withdraw the amount but there will be interest various applicable.
      Was this review helpful? 7
      , bangalore
      Reviewed on Feb 07, 2019
    • SBI Fixed Deposit
      "Good for savings"
      0.5 4.0/5 "Great!"
      I have fixed deposit with SBI, I deposited one time amount of Rs. 2 lakhs. As per the bank norms rate of interest is 11.50%, I opened the account through bank, on time they activated the fixed deposit. There is no proper coordination with the staff end.
      Was this review helpful? 16
      , hyderabad
      Reviewed on Feb 01, 2019
    • SBI Fixed Deposit
      "Need quick service"
      0.5 2.0/5 "Expected more"
      I have invested Rs. 2 lakhs in SBI fixed deposit, the interest will be calculated 7.5% for per year. They don't have any fee for account maintenance. I went to the branch to open fixed deposit but they taken 2 days of time to activate because they collected lots of documents for FD account opening.
      Was this review helpful? 14
      , hyderabad
      Reviewed on Jan 21, 2019
    • SBI Fixed Deposit
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I have invested the fixed deposit with State bank of India.the services which they had provided so far has been average.The interest rate with them has been good and the growth with the investment has also been good.maturity period going to get renewal.one it will get mature will do renew of that deposit,there overall service is quite average.
      Was this review helpful? 7
      , bhubaneshwar
      Reviewed on Jan 21, 2019
    • SBI Fixed Deposit
      "Good FD account"
      0.5 5.0/5 "Blown Away!"
      I have invested the fixed deposit with State bank of India. Since the branch is nearest by my home and they have given me a locker facility hence i have chosen the fixed deposit with SBI. Overall, I'm very much satisfied with the services with SBI.
      Was this review helpful? 8
      , hyderabad
      Reviewed on Jan 18, 2019
    • SBI Fixed Deposit
      "Best Investment plan"
      0.5 5.0/5 "Blown Away!"
      I have taken fixed deposit account in State Bank Of India . They are not charging any charges for the account . I used to get income tax benefits . Am satisfied with the customer service and response.They are giving good rate of interest . Overall am happy with my account .
      Was this review helpful? 11
      , ahmedabad
      Reviewed on Dec 29, 2018
    • SBI Fixed Deposit
      "Very Good Service"
      0.5 4.0/5 "Great!"
      I had made this investment pretty long time back and the services which they had provided so far has been good. The interest rate with them has been good and the growth with the investment has also been good. Their customer support has been helpful in guiding with everything.
      Was this review helpful? 12
      , bangalore
      Reviewed on Dec 14, 2018
    • SBI Fixed Deposit
      "Good Investment Plan"
      0.5 4.0/5 "Great!"
      I have taken fixed deposit account in STATE BANK OF INDIA . They are not charging any charges for the account . I used to get income tax benefits . Am satisfied with the customer service and response.They are giving good rate of interest . Overall am happy with my account .
      Was this review helpful? 10
      , mumbai
      Reviewed on Dec 12, 2018
    • SBI Fixed Deposit
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I had a Fixed Deposit account with SBI and my experience was average, an amount of Rs 20000 is paid as a fixed amount. Customer service was not up to the mark with SBI. I am not aware of the returns in this Fixed deposit account.
      Was this review helpful? 12
      , kolkata
      Reviewed on Nov 20, 2018
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