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State Bank of India (SBI)

Fixed Deposit Rates

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You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - less than Rs. 1 Cr (last revised on Apr 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

  
7 days to 90 days less than Rs. 1 Cr

6.50

7.00

 Calculate
91 days to 179 days less than Rs. 1 Cr

6.50

7.00

 Calculate
180 days less than Rs. 1 Cr

6.50

7.00

 Calculate
181 days to 240 days less than Rs. 1 Cr

6.50

7.00

 Calculate
241 days to less than 1 year less than Rs. 1 Cr

6.50

7.00

 Calculate
1 year to less than 2 years less than Rs. 1 Cr

8.75

9.25

 Calculate
2 years to less than 3 years less than Rs. 1 Cr

8.75

9.25

 Calculate
3 years to less than 5 years less than Rs. 1 Cr

8.75

9.25

 Calculate
5 years and upto 10 years less than Rs. 1 Cr

8.75

9.25

 Calculate

b) For domestic deposits - Above Rs. 1 Cr (last revised on Mar 01, 2013)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

  
7 days to 180 days Above Rs. 1 Cr

7.50

N.A

 Calculate
181 days to 270 days Above Rs. 1 Cr

7.50

N.A

 Calculate
271 days to less than 1 year Above Rs. 1 Cr

7.50

N.A

 Calculate
1 year to less than 2 years Above Rs. 1 Cr

8.75

N.A

 Calculate
2 years to less than 5 years Above Rs. 1 Cr

8.75

N.A

 Calculate
5 years and upto 10 years Above Rs. 1 Cr

8.75

N.A

 Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

  
SBI Tax Savings Scheme (SBITSS) - 5 years Upto Rs. 1 lakh

8.75

9.25

 Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRO Fixed Deposit - Above Rs. 15 lakh (last revised on Apr 01, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to less than 1 year Above Rs. 15 lakh 7.50 Calculate
1 year and up to 10 years Above Rs. 15 lakh 8.75 Calculate

b) For NRO Fixed Deposit - Less than Rs. 15 lakh (last revised on Apr 01, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to less than 1 year Less than Rs. 15 lakh 6.50 Calculate
1 year and up to 10 years Less than Rs. 15 lakh 8.75 Calculate

a) For NRE Fixed Deposit - Less than Rs. 15 lakh (last revised on Apr 01, 2013)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year and up to 10 years Less than Rs. 15 lakh 8.75 Calculate
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10.10%

Bharat Co-operative Bank

10.00%

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Best FD rates for Senior Citizens

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10.35%

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10.25%

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12.00%

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Fixed Deposit Calculator

Find out how much interest you can earn on a Fixed Deposit (FD) and the value of your invesment on maturity.

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1,128.00 0.06%

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8.80%

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8.80%

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