a) For domestic deposits  Above Rs. 5 cr (last revised on Jun 24, 2015)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.)



7 days to 14 days 
Above Rs. 5 cr 

Calculate 
15 days to 45 days 
Above Rs. 5 cr 

Calculate 
46 days to 90 days 
Above Rs. 5 cr 

Calculate 
91 days to 179 days 
Above Rs. 5 cr 

Calculate 
180 days to 269 days 
Above Rs. 5 cr 

Calculate 
270 days to 363 days 
Above Rs. 5 cr 

Calculate 
364 days 
Above Rs. 5 cr 

Calculate 
1 year only 
Above Rs. 5 cr 

Calculate 
above 1 year to 2 years 
Above Rs. 5 cr 

Calculate 
above 2 year to 5 years 
Above Rs. 5 cr 

Calculate 
b) For domestic deposits  Less than Rs. 1 cr (last revised on Jun 24, 2015)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.)



7 days to 90 days 
Less than Rs. 1 cr 

Calculate 
97 days to 179 days 
Less than Rs. 1 cr 

Calculate 
180 days to less than 1 years 
Less than Rs. 1 cr 

Calculate 
2 year to less than 3 years 
Less than Rs. 1 cr 

Calculate 
3 year & above upto 10 years 
Less than Rs. 1 cr 

Calculate 
c) For domestic deposits  Rs. 1 cr to Rs. 5 cr (last revised on Jul 27, 2015)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.)



7 days to 45 days 
Rs. 1 cr to Rs. 5 cr 

Calculate 
45 days to 90 days 
Rs. 1 cr to Rs. 5 cr 

Calculate 
91 days to 179 days 
Rs. 1 cr to Rs. 5 cr 

Calculate 
180 days to 269 days 
Rs. 1 cr to Rs. 5 cr 

Calculate 
270 days to 364 days 
Rs. 1 cr to Rs. 5 cr 

Calculate 
1 year only 
Rs. 1 cr to Rs. 5 cr 

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  3 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  Above Rs. 5 cr (last revised on Jun 24, 2015)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.) 


7 days to 14 days 
Above Rs. 5 cr 
6.25 
Calculate 
15 days to 45 days 
Above Rs. 5 cr 
6.25 
Calculate 
46 days to 90 days 
Above Rs. 5 cr 
6.25 
Calculate 
91 days to 179 days 
Above Rs. 5 cr 
6.75 
Calculate 
180 days to 269 days 
Above Rs. 5 cr 
7.00 
Calculate 
270 days to 363 days 
Above Rs. 5 cr 
7.00 
Calculate 
364 days 
Above Rs. 5 cr 
7.00 
Calculate 
1 year only 
Above Rs. 5 cr 
8.00 
Calculate 
above 1 year to 2 years 
Above Rs. 5 cr 
8.00 
Calculate 
above 2 year to 5 years 
Above Rs. 5 cr 
8.00 
Calculate 
b) For NRO Fixed Deposit  Less than Rs. 1 cr (last revised on Jun 24, 2015)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.) 


7 days to 90 days 
Less than Rs. 1 cr 
6.25 
Calculate 
97 days to 179 days 
Less than Rs. 1 cr 
6.75 
Calculate 
180 days to less than 1 years 
Less than Rs. 1 cr 
7.50 
Calculate 
2 year to less than 3 years 
Less than Rs. 1 cr 
8.25 
Calculate 
3 year & above upto 10 years 
Less than Rs. 1 cr 
8.35 
Calculate 
c) For NRO Fixed Deposit  Rs. 1 cr to Rs. 5 cr (last revised on Jul 27, 2015)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.) 


7 days to 45 days 
Rs. 1 cr to Rs. 5 cr 
6.25 
Calculate 
45 days to 90 days 
Rs. 1 cr to Rs. 5 cr 
6.25 
Calculate 
91 days to 179 days 
Rs. 1 cr to Rs. 5 cr 
6.75 
Calculate 
180 days to 269 days 
Rs. 1 cr to Rs. 5 cr 
7.00 
Calculate 
270 days to 364 days 
Rs. 1 cr to Rs. 5 cr 
7.00 
Calculate 
1 year only 
Rs. 1 cr to Rs. 5 cr 
8.00 
Calculate 
a) For NRE Fixed Deposit  Less than Rs. 1 cr (last revised on Jun 24, 2015)
Maturity Period 
Deposit Amount 
INTEREST RATE (% p.a.) 


1 year to and above to less than 3 years 
Less than Rs. 1 cr 
8.25 
Calculate 
above 3 years to 10 years 
Less than Rs. 1 cr 
8.35 
Calculate 