a) For domestic deposits - Less than Rs. 15 lakh (last revised on May 04, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| 15 days to 45 days |
Less than Rs. 15 lakh |
|
Calculate |
| 46 days to 90 days |
Less than Rs. 15 lakh |
|
Calculate |
| 91 days to 179 days |
Less than Rs. 15 lakh |
|
Calculate |
| 180 days to 299 days |
Less than Rs. 15 lakh |
|
Calculate |
| 300 days |
Less than Rs. 15 lakh |
|
Calculate |
| 301 days to less than 1 year |
Less than Rs. 15 lakh |
|
Calculate |
| 1 year to less than 500 days |
Less than Rs. 15 lakh |
|
Calculate |
| 500 days |
Less than Rs. 15 lakh |
|
Calculate |
| 501 days to less than 2 years |
Less than Rs. 15 lakh |
|
Calculate |
| 2 years to less than 909 days |
Less than Rs. 15 lakh |
|
Calculate |
| 909 days |
Less than Rs. 15 lakh |
|
Calculate |
| 910 days to less than 3 years |
Less than Rs. 15 lakh |
|
Calculate |
| 3 years to less than 5 years |
Less than Rs. 15 lakh |
|
Calculate |
| 5 years and above |
Less than Rs. 15 lakh |
|
Calculate |
b) For domestic deposits - Rs. 15 lakh and above (last revised on May 04, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| 7 days to 14 days |
Rs. 15 lakh and above |
|
Calculate |
| 15 days to 45 days |
Rs. 15 lakh and above |
|
Calculate |
| 46 days to 90 days |
Rs. 15 lakh and above |
|
Calculate |
| 91 days to 179 days |
Rs. 15 lakh and above |
|
Calculate |
| 180 days to 299 days |
Rs. 15 lakh and above |
|
Calculate |
| 300 days |
Rs. 15 lakh and above |
|
Calculate |
| 301 days to less than 1 year |
Rs. 15 lakh and above |
|
Calculate |
| 1 year to less than 500 days |
Rs. 15 lakh and above |
|
Calculate |
| 500 days |
Rs. 15 lakh and above |
|
Calculate |
| 501 days to less than 2 years |
Rs. 15 lakh and above |
|
Calculate |
| 2 years to less than 909 days |
Rs. 15 lakh and above |
|
Calculate |
| 909 days |
Rs. 15 lakh and above |
|
Calculate |
| 910 days to less than 3 years |
Rs. 15 lakh and above |
|
Calculate |
| 3 years to less than 5 years |
Rs. 15 lakh and above |
|
Calculate |
| 5 years and above |
Rs. 15 lakh and above |
|
Calculate |
Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| SBM TAX SAVER - 5 years |
Upto Rs. 1 lakh |
|
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 - Less than Rs. 15 lakh (last revised on May 04, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 15 days to 45 days |
Less than Rs. 15 lakh |
6.25 |
Calculate |
| 46 days to 90 days |
Less than Rs. 15 lakh |
6.50 |
Calculate |
| 91 days to 179 days |
Less than Rs. 15 lakh |
8.00 |
Calculate |
| 180 days to 299 days |
Less than Rs. 15 lakh |
8.50 |
Calculate |
| 300 days |
Less than Rs. 15 lakh |
8.50 |
Calculate |
| 301 days to less than 1 year |
Less than Rs. 15 lakh |
8.50 |
Calculate |
| 1 year to less than 500 days |
Less than Rs. 15 lakh |
9.25 |
Calculate |
| 500 days |
Less than Rs. 15 lakh |
9.25 |
Calculate |
| 501 days to less than 2 years |
Less than Rs. 15 lakh |
9.25 |
Calculate |
| 2 years to less than 909 days |
Less than Rs. 15 lakh |
9.25 |
Calculate |
| 909 days |
Less than Rs. 15 lakh |
9.25 |
Calculate |
| 910 days to less than 3 years |
Less than Rs. 15 lakh |
9.25 |
Calculate |
| 3 years to less than 5 years |
Less than Rs. 15 lakh |
9.25 |
Calculate |
| 5 years and above |
Less than Rs. 15 lakh |
9.25 |
Calculate |
b) For NRO Fixed Deposit - Rs. 15 lakh and above (last revised on May 04, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 7 days to 14 days |
Rs. 15 lakh and above |
8.50 |
Calculate |
| 15 days to 45 days |
Rs. 15 lakh and above |
8.50 |
Calculate |
| 46 days to 90 days |
Rs. 15 lakh and above |
8.50 |
Calculate |
| 91 days to 179 days |
Rs. 15 lakh and above |
8.50 |
Calculate |
| 180 days to 299 days |
Rs. 15 lakh and above |
8.50 |
Calculate |
| 300 days |
Rs. 15 lakh and above |
8.50 |
Calculate |
| 301 days to less than 1 year |
Rs. 15 lakh and above |
8.50 |
Calculate |
| 1 year to less than 500 days |
Rs. 15 lakh and above |
9.25 |
Calculate |
| 500 days |
Rs. 15 lakh and above |
9.25 |
Calculate |
| 501 days to less than 2 years |
Rs. 15 lakh and above |
9.25 |
Calculate |
| 2 years to less than 909 days |
Rs. 15 lakh and above |
9.25 |
Calculate |
| 909 days |
Rs. 15 lakh and above |
9.25 |
Calculate |
| 910 days to less than 3 years |
Rs. 15 lakh and above |
9.25 |
Calculate |
| 3 years to less than 5 years |
Rs. 15 lakh and above |
9.25 |
Calculate |
| 5 years and above |
Rs. 15 lakh and above |
9.25 |
Calculate |
a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Jan 04, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 1 year to less than 2 years |
Less than Rs. 1 cr |
9.50 |
Calculate |
| 2 years to less than 3 years |
Less than Rs. 1 cr |
9.25 |
Calculate |
| 3 years and above upto 5 years |
Less than Rs. 1 cr |
9.25 |
Calculate |
| 5 years and above upto 10 years |
Less than Rs. 1 cr |
9.25 |
Calculate |