State Bank of Mysore offers FD interest rates upto 7.60% per annum.

You can open a term deposit with a nominal amount of Rs.1000/- , however minimum & maximum amount limit may vary for different product codes.

SBM Base Rate inrespect of all advances (other than certain exempted categories): 9.65 %( w.e.f 07.10.2015)

State Bank of Mysore Interest rate-

SBM Prime Lending Rate- SBMPLR-15.00%( w.e.f 04.03.2013)

S.No Marginal Cost of Funds based MCLR effective
Lending Rate (MCLR) from 01.07.2016
1 Overnight MCLR 9.15%
2 One Month MCLR 9.25%
3 Three Month MCLR 9.30%
4 Six Month MCLR 9.40%
5 1 Year MCLR 9.50%
6 2 Year MCLR 9.65%
7 3 Year MCLR 9.75%

Rates of interest with effect from 20-04-2016.

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 02.07.2016)
Period Rate Of Int (%)
7-45 days 5.75
46-90 days 6.25
91-179 days 6.5
180-269 days 6.5
270-364 days 6.5
1 year 6.75

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Interest Rates for Deposits above Rs.5.00 crores

Rates Valid For (01-07-2016)

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 – 364 Days 6.5
1 Year to >2 Years 6.75
2 Years to >3 Years 6.5
3 Years to 5 Years 6

Customer service - 1800 425 2244