State Bank of Mysore
Fixed Deposit Rates
You are requested to reconfirm the rates from the respective banks before making any financial commitments.
a) For domestic deposits  Above Rs. 10 cr (last revised on Nov 24, 2016)
Maturity Period  Deposit Amount 
INTEREST RATE (% p.a.) General Senior Citizen 

7 days to 45 days  Above Rs. 10 cr  3.75 N.A 
Calculate 
46 days to 179 days  Above Rs. 10 cr  3.85 N.A 
Calculate 
180 days to 210 days  Above Rs. 10 cr  3.85 N.A 
Calculate 
211 days to 364 days  Above Rs. 10 cr  4.00 N.A 
Calculate 
1 year to 455 days  Above Rs. 10 cr  4.25 N.A 
Calculate 
456 days to less than 2 years  Above Rs. 10 cr  4.25 N.A 
Calculate 
2 year to less than 3 years  Above Rs. 10 cr  4.25 N.A 
Calculate 
3 year to less than 5 years  Above Rs. 10 cr  4.25 N.A 
Calculate 
5 year & above upto 10 years  Above Rs. 10 cr  4.25 N.A 
Calculate 
b) For domestic deposits  Less than Rs. 1 cr (last revised on Nov 24, 2016)
Maturity Period  Deposit Amount 
INTEREST RATE (% p.a.) General Senior Citizen 

7 days to 45 days  Less than Rs. 1 cr  5.50 6.00 
Calculate 
46 days to 90 days  Less than Rs. 1 cr  6.50 7.00 
Calculate 
97 days to 179 days  Less than Rs. 1 cr  6.50 7.00 
Calculate 
180 days to less than 210 days  Less than Rs. 1 cr  6.75 7.25 
Calculate 
211 days to less than 1 years  Less than Rs. 1 cr  7.00 7.50 
Calculate 
1 year to 455 days  Less than Rs. 1 cr  6.90 7.40 
Calculate 
456 days to less than 2 years  Less than Rs. 1 cr  6.95 7.45 
Calculate 
2 year to less than 3 years  Less than Rs. 1 cr  6.85 7.35 
Calculate 
3 year to less than 5 years  Less than Rs. 1 cr  6.50 7.00 
Calculate 
5 year & above upto 10 years  Less than Rs. 1 cr  6.50 7.00 
Calculate 
c) For domestic deposits  Rs. 1 cr to Rs. 10 cr (last revised on Nov 24, 2016)
Maturity Period  Deposit Amount 
INTEREST RATE (% p.a.) General Senior Citizen 

7 days to 45 days  Rs. 1 cr to Rs. 10 cr  3.75 N.A 
Calculate 
46 days to 179 days  Rs. 1 cr to Rs. 10 cr  3.85 N.A 
Calculate 
180 days to 210 days  Rs. 1 cr to Rs. 10 cr  3.85 N.A 
Calculate 
211 days to 364 days  Rs. 1 cr to Rs. 10 cr  4.00 N.A 
Calculate 
1 year to 455 days  Rs. 1 cr to Rs. 10 cr  4.25 N.A 
Calculate 
456 days to less than 2 years  Rs. 1 cr to Rs. 10 cr  4.25 N.A 
Calculate 
2 year to less than 3 years  Rs. 1 cr to Rs. 10 cr  4.25 N.A 
Calculate 
3 year to less than 5 years  Rs. 1 cr to Rs. 10 cr  4.25 N.A 
Calculate 
5 year & above upto 10 years  Rs. 1 cr to Rs. 10 cr  4.25 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 

SBM TAX SAVER  3 years  Upto Rs. 1 lakh  6.50 7.00 
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. 10 cr (last revised on Nov 24, 2016)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
7 days to 45 days  Above Rs. 10 cr  3.75  Calculate 
46 days to 179 days  Above Rs. 10 cr  3.85  Calculate 
180 days to 210 days  Above Rs. 10 cr  3.85  Calculate 
211 days to 364 days  Above Rs. 10 cr  4.00  Calculate 
1 year to 455 days  Above Rs. 10 cr  4.25  Calculate 
456 days to less than 2 years  Above Rs. 10 cr  4.25  Calculate 
2 year to less than 3 years  Above Rs. 10 cr  4.25  Calculate 
3 year to less than 5 years  Above Rs. 10 cr  4.25  Calculate 
5 year & above upto 10 years  Above Rs. 10 cr  4.25  Calculate 
b) For NRO Fixed Deposit  Less than Rs. 1 cr (last revised on Nov 24, 2016)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
7 days to 45 days  Less than Rs. 1 cr  5.50  Calculate 
46 days to 90 days  Less than Rs. 1 cr  6.50  Calculate 
97 days to 179 days  Less than Rs. 1 cr  6.50  Calculate 
180 days to less than 210 days  Less than Rs. 1 cr  6.75  Calculate 
211 days to less than 1 years  Less than Rs. 1 cr  7.00  Calculate 
1 year to 455 days  Less than Rs. 1 cr  6.90  Calculate 
456 days to less than 2 years  Less than Rs. 1 cr  6.95  Calculate 
2 year to less than 3 years  Less than Rs. 1 cr  6.85  Calculate 
3 year to less than 5 years  Less than Rs. 1 cr  6.50  Calculate 
5 year & above upto 10 years  Less than Rs. 1 cr  6.50  Calculate 
c) For NRO Fixed Deposit  Rs. 1 cr to Rs. 10 cr (last revised on Nov 24, 2016)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
7 days to 45 days  Rs. 1 cr to Rs. 10 cr  3.75  Calculate 
46 days to 179 days  Rs. 1 cr to Rs. 10 cr  3.85  Calculate 
180 days to 210 days  Rs. 1 cr to Rs. 10 cr  3.85  Calculate 
211 days to 364 days  Rs. 1 cr to Rs. 10 cr  4.00  Calculate 
1 year to 455 days  Rs. 1 cr to Rs. 10 cr  4.25  Calculate 
456 days to less than 2 years  Rs. 1 cr to Rs. 10 cr  4.25  Calculate 
2 year to less than 3 years  Rs. 1 cr to Rs. 10 cr  4.25  Calculate 
3 year to less than 5 years  Rs. 1 cr to Rs. 10 cr  4.25  Calculate 
5 year & above upto 10 years  Rs. 1 cr to Rs. 10 cr  4.25  Calculate 
a) For NRE Fixed Deposit  Less than Rs. 1 cr (last revised on Nov 24, 2016)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
1 year to 455 days  Less than Rs. 1 cr  6.90  Calculate 
456 days to less than 2 years  Less than Rs. 1 cr  6.95  Calculate 
2 year to less than 3 years  Less than Rs. 1 cr  6.85  Calculate 
3 year to less than 5 years  Less than Rs. 1 cr  6.50  Calculate 
5 year & above upto 10 years  Less than Rs. 1 cr  6.50  Calculate 