The State Bank of Bikaner and Jaipur (SBBJ) is a public-sector company with business throughout India.

It provides fixed deposits to all customers satisfying minimum criteria.

The fixed deposits are available for varying tenors ranging from 7 days (short term) up to 10 years (long term).

The rates of interest for various tenors are dynamic and changes regularly according to market rates as well as internal policies.

SBBJ Short Term FD rates

The bank offers interest rates between 5.50% and 7.50% for deposits of less than 1 year tenor.

The highest interest rate of 7.50% is provided for tenors between 180 days and 364 days (6 months up to a year).

Rates start from 5.50% for shortest slab of 7 days to 45 days, which increases by 1.25% to 6.75% for 45 days to 90 days tenor.

91 days to 179 days tenor FDs are also a good choice as a medium term product with 7% interest rate, compounded annually.

SBBJ Medium and Long Term FD Rates
A high interest rate of 8.50% is applicable on FDs of tenors between 1 and 5 years.

It is once again a compounded rate with effective yield at the end of tenor quite higher than the 8.50% quoted in the product.

SBBJ Senior Citizen FD Rates
Senior citizens are provided special interest rates for deposits up to Rs 1 crore.

The special rates are applicable on all deposit tenors not less than 1 year. 0.25% additional interest is provided to such customers as compared to non-senior applicants.