SBI offers FD interest rates of 3.00%-7.10% p.a. to the general public and 3.50%-7.60% p.a. to senior citizens for tenures ranging from 7 days to 10 years. The interest rate of SBI Tax Saving FD is 6.50% p.a. for the general public and 7.50% p.a. for senior citizen depositors.
The bank also offers various fixed deposit products for NRIs, such as NRO, NRE, RFC and FCNR (B) fixed deposits. SBI accepts FCNR (B) fixed deposits in US Dollars (USD), British Pound Sterling (GBP), Euro, Canadian Dollar (CAD), Australian Dollar (AUD) and Japanese Yen (JPY). The bank accepts RFC fixed deposits in USD, Euro and GBP.
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SBI Fixed Deposit Rates Highlights 2023
| Highest slab rate | 7.10% p.a. (for 400 days) |
| For 1 year | 6.80% p.a. |
| For 2 year | 7.00% p.a. |
| For 3 year | 6.50% p.a. |
| For 4 year | 6.50% p.a. |
| For 5 year | 6.50% p.a. |
| Tax-Saving FD | 6.50% p.a. |
SBI Fixed Deposit Interest Rates
SBI Fixed Deposit Interest Rates on Domestic Deposits of less than Rs 2 crore w.e.f. 15 February 2023
| Tenors | Interest Rates (p.a.) | |
| General Public | Senior Citizens | |
| 7 days to 45 days | 3.00% | 3.50% |
| 46 days to 179 days | 4.50% | 5.00% |
| 180 days to 210 days | 5.25% | 5.75% |
| 211 days to less than 1 year | 5.75% | 6.25% |
| 1 year to less than 2 year | 6.80% | 7.30% |
| 2 years to less than 3 years | 7.00% | 7.50% |
| 3 years to less than 5 years | 6.50% | 7.00% |
| 5 years and up to 10 years | 6.50% | 7.50%* |
| 400 days (Amrit Kalash) | 7.10% | 7.60% |
Also Read : FD Interest Rates in Post Office Monthly Income Scheme 2023
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