The State Bank of India (SBI) is one among the country’s leading public sector banks which offers a wide range of fixed deposit schemes. The current interest rate on such term deposits is 6.75% for a period of 1 year. SBI Bank offers a range of Fixed Deposit schemes that gives you a good rate of interest, as well as flexibility.

SBI Bank Interest Rates on Fixed Deposits below Rs. 1 Crore:

Tenure Revised Rate for Public
7 days to 45 days 5.50%
46 days to 179 days 6.50%
180 days to 210 days 6.75%
211 days to less than 1 year 7.00%
1 year to 455 days 7.15%
456 days to less than 2 years 7.25%
2 years to less than 3 years 7.25%
3 years to less than 5 years 7.00%
5 years and up to 10 years 7.00%

SBI Bank Interest Rates on Fixed Deposits - Rs. 1 Crore and Above:

Tenure Revised Rate for Public
7 days to 45 days 5.50%
46 days to 179 days 6.00%
180 days to 210 days 6.25%
211 days to less than 1 year 6.25%
1 year to 455 days 6.50%
456 days to less than 2 years 6.50%
2 years to less than 3 years 6.50%
3 years to less than 5 years 6.00%
5 years and up to 10 years 6.00%

SBI Bank Senior Citizen FD Rates:

Tenure Revised for Senior Citizens Revised for Senior
< Rs. One crore Citizens Rs One crore
and above

7 days to 45 days 5.75% 5.75%
46 days to 179 days 6.75% 6.25%
180 days to 210 days 7.00% 6.50%
211 days to less than 1 year 7.25% 6.50%
1 year to 455 days 7.40% 6.75%
456 days to less than 2 years 7.50% 6.75%
2 years to less than 3 years 7.50% 6.75%
3 years to less than 5 years 7.25% 6.25%
5 years and up to 10 years 7.25% 6.25%