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October 12th, 2016, 01:49 PM
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Join Date: Mar 2012
Recurring Deposit Calculator State Bank Of Mysore

Hello sir, I’m customer of State bank of Myosre. Here I came for to get Recurring Deposit Calculator of State Bank Of Mysore please provide me?

State Bank of Mysore is a nationalized bank acting as a subsidiary of SBI Group and is headquartered in Bangalore. Its Recurring Deposit scheme is opened with a minimum of just Rs. 100 and in multiples of Rs. 10 thereafter.

There is no maximum limit on the amount that can be deposited. The deposit term ranges from 12 months to 10 years. Premature withdrawal of funds available in the Recurring Deposit is permitted.

RD Interest Rates below One Crore:

Tenure Of Recurring Deposit ROI (% p.a.) ROI For Senior Citizens (% p.a.)
1 Year to less than 2 Years 7.6 8.00%
2 years to not more than 3 years 7.5 7.90%
3 years up to 5 years 7.5 7.90%
Above 5 Years and up to 10 Years 7.5 7.90%

Recurring Deposit Calculator of State Bank Of Mysore:



SBM Base Rate inrespect of all advances: 9.65 %

SBM Prime Lending Rate- SBMPLR-15.00%


Marginal Cost of Funds based Lending Rate (MCLR) Rates Effective from

Overnight MCLR 9.15%
One Month MCLR 9.25%
Three Month MCLR 9.30%
Six Month MCLR 9.40%
1 Year MCLR 9.50%
2 Year MCLR 9.65%
3 Year MCLR 9.75%

Rates Of Interest With Effect:

For Deposits Of Less Than Rs 1.00 Crore
Period Rate of Interest (%)
7 Days to 45 days 5.5
46 Days to 90 days 6.5
91 days to 179 days 6.5
180 days to less than 210 days 6.75
211 days to less than 1 year 7
1 year to less than 2 years 7.6
2 years to less than 3 years 7.5
3 years up to 5 years 7.5
Above 5 years and up to 10 years 7.5

Last edited by Neelurk; June 20th, 2020 at 11:31 AM.
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