State Bank of Mysore is a nationalised bank in India, with headquarters at Bengaluru and was established in 1913. It has regional offices in Bengaluru, Mysuru, Mangaluru, Mandya, Hassan, Shivamogga, Davangere, Ballari, Tumakuru, Kolar, Chennai, Coimbatore, Hyderabad, Mumbai and New Delhi.

Interest Rates

For Deposits of Less than Rs 1.00 Crore

Period Rate of Interest (%)
7 Days to 45 days 5.75
46 Days to 90 days 6.25
91 days to 179 days 6.5
180 days to less than 1 year 7.25
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


Interest rates for Deposits (Rs 1.00 Cr to Rs 5.00 Cr) (With effect from 01.06.2016)

Period Rate of Int (%)
7-45 days 5.75
46-90 days 6.25
91-179 days 6.5
180-269 days 7.25
270-364 days 7.25
1 year 7.5

Interest Rates for Deposits above Rs.5.00 crores

Period Rate of Int (%)
07 – 14 Days 5.75
15 – 45 Days 5.75
46 – 90 Days 6.25
91 – 179 Days 6.5
180 – 269 Days 7
270 – 363 Days 7
364 days 7
1 Year 7.25
Above 1 Year to 2 Years 7.25
Above 2 Years to 5 Years 7.25

Interest Rates