#1
2nd April 2016, 10:18 AM
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SBI Deposit Interest Rates
I want to apply fort Fixed deposit in State Bank of India SBI so can you please tell me the deposit interest rates in this bank?
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#2
2nd April 2016, 10:18 AM
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Re: SBI Deposit Interest Rates
State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. State Bank of India is one of the Big Four banks of India. Domestic Term Deposits The revised interest rates for Retail Domestic Term Deposits ‘Below Rupees One Crore effective from the 05.10.2015 would be as under: (All figures in % per annum) Tenors Existing Revised Existing for Revised for for Public For Public Senior Citizens Senior Citizens 7 days to 45 days 5.50 5.25 5.75 5.50 46 days to 179 days 6.75 6.50 7.00 6.75 180 days to 210 days 7.00 6.75 7.25 7.00 211 days to less than 1 year 7.25 7.00 7.50 7.25 1 year to 455 days 7.50 7.25 7.75 7.50 456 days to less than 2 years 7.75 7.50 8.00 7.75 2 years to less than 3 years 7.75 7.50 8.00 7.75 3 years to less than 5 years 7.25 7.00 7.50 7.25 5 years and up to 10 years 7.25 7.00 7.50 7.25 The interest rate payable to SBI Staff and SBI pensioners will be 1.00% above the applicable rate. The rate applicable to all Senior Citizens and SBI Pensioners of age 60 years and above will be 0.25% above the rate payable for all tenors to resident Indian senior citizens The revised interest rates on 'Domestic Term Deposits' of ‘Rs One Crore and above' with effect from 18.01.2016 would be as under: Tenors Existing Revised Existing for Revised for for Public For Public Senior Citizens Senior Citizens 7 days to 45 days 4.00 5.25 4.25 5.50 46 days to 179 days 4.25 6.50 4.50 6.75 180 days to 210 days 6.50 6.75 6.75 7.00 211 days to less than 1 year 6.50 7.00 6.75 7.25 1 year to 455 days 6.75 7.25 7.00 7.50 456 days to less than 2 years 6.75 7.50 7.00 7.75 2 years to less than 3 years 6.75 7.50 7.00 7.75 3 years to less than 5 years 6.75 7.00 7.00 7.25 5 years and up to 10 years 6.75 7.00 7.00 7.25 Interest rates on domestic bulk term deposits of Rs 50 Crores and above: Please contact to nearest SBI Branch. Contact info- Customer Service Department State Bank of India State Bank Bhavan, 16th Floor Madam Cama Road, Mumbai 400 021 Tel: 022-22029456 Fax: 022 22742431 |
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