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State Bank of Patiala

Fixed Deposit Rates

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

a) For domestic deposits - Rs. 1 cr above and above (last revised on Sep 08, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days - 14 days Rs. 1 cr above and above

6.50

N.A

Calculate
15 days to 45 days Rs. 1 cr above and above

7.75

N.A

Calculate
46 days to 90 days Rs. 1 cr above and above

8.25

N.A

Calculate
91 days to 180 days Rs. 1 cr above and above

8.75

N.A

Calculate
181 days to less than 270 days Rs. 1 cr above and above

8.75

N.A

Calculate
271 days to less than 1 year Rs. 1 cr above and above

8.75

N.A

Calculate
1 year to 554 days Rs. 1 cr above and above

9.15

N.A

Calculate
555 days Rs. 1 cr above and above

8.85

N.A

Calculate
556 days to less than 2 year Rs. 1 cr above and above

8.50

N.A

Calculate
2 years to less than 3 years Rs. 1 cr above and above

8.50

N.A

Calculate
3 years to less than 5 years Rs. 1 cr above and above

8.50

N.A

Calculate
5 years to less than 10 years Rs. 1 cr above and above

8.25

N.A

Calculate

b) For domestic deposits - Less than Rs. 15 lakh (last revised on Jun 23, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
15 days to 45 days Less than Rs. 15 lakh

6.50

6.50

Calculate
46 days to 90 days Less than Rs. 15 lakh

8.00

8.00

Calculate
91 days to 180 days Less than Rs. 15 lakh

8.00

8.00

Calculate
181 days to 270 days Less than Rs. 15 lakh

7.50

7.50

Calculate
271 days to less than 299 days Less than Rs. 15 lakh

7.50

7.50

Calculate
300 days Less than Rs. 15 lakh

9.10

9.10

Calculate
301 days to less than 1 year Less than Rs. 15 lakh

7.50

7.50

Calculate
1 year to 554 days Less than Rs. 15 lakh

9.15

9.65

Calculate
555 days Less than Rs. 15 lakh

9.15

9.65

Calculate
556 days to less than 2 year Less than Rs. 15 lakh

9.00

9.50

Calculate
2 years to less than 3 years Less than Rs. 15 lakh

9.00

9.50

Calculate
3 years to less than 5 years Less than Rs. 15 lakh

9.00

9.50

Calculate
5 years to less than 10 years Less than Rs. 15 lakh

8.85

9.35

Calculate
Deposit for 18 Years ( For Girl Child) Cir. No PSB/PNS/34 dated 24-09-2010 Less than Rs. 15 lakh

8.85

N.A

Calculate

c) For domestic deposits - Rs. 15 lakh to less than Rs. 1 cr (last revised on Jun 23, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days - 14 days Rs. 15 lakh to less than Rs. 1 cr

6.50

6.50

Calculate
15 days to 45 days Rs. 15 lakh to less than Rs. 1 cr

6.50

6.50

Calculate
46 days to 90 days Rs. 15 lakh to less than Rs. 1 cr

8.00

8.00

Calculate
91 days to 180 days Rs. 15 lakh to less than Rs. 1 cr

8.00

8.00

Calculate
181 days to 270 days Rs. 15 lakh to less than Rs. 1 cr

7.50

7.50

Calculate
271 days to less than 299 days Rs. 15 lakh to less than Rs. 1 cr

7.50

7.50

Calculate
300 days Rs. 15 lakh to less than Rs. 1 cr

9.10

9.10

Calculate
301 days to less than 1 year Rs. 15 lakh to less than Rs. 1 cr

7.50

7.50

Calculate
1 year to 554 days Rs. 15 lakh to less than Rs. 1 cr

9.15

9.65

Calculate
555 days Rs. 15 lakh to less than Rs. 1 cr

9.15

9.65

Calculate
556 days to less than 2 year Rs. 15 lakh to less than Rs. 1 cr

9.00

9.50

Calculate
2 years to less than 3 years Rs. 15 lakh to less than Rs. 1 cr

9.00

9.50

Calculate
3 years to less than 5 years Rs. 15 lakh to less than Rs. 1 cr

9.00

9.50

Calculate
5 years to less than 10 years Rs. 15 lakh to less than Rs. 1 cr

8.85

9.35

Calculate
Deposit for 18 Years ( For Girl Child) Cir. No PSB/PNS/34 dated 24-09-2010 Rs. 15 lakh to less than Rs. 1 cr

8.85

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

 
SBP-Tax Saving Term Deposit Scheme-2006 - 5 Years Upto Rs. 1 lakh

9.00

9.50

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 - Rs. 1 cr above and above (last revised on Sep 08, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days - 14 days Rs. 1 cr above and above 6.50 Calculate
15 days to 45 days Rs. 1 cr above and above 7.75 Calculate
46 days to 90 days Rs. 1 cr above and above 8.25 Calculate
91 days to 180 days Rs. 1 cr above and above 8.75 Calculate
181 days to less than 270 days Rs. 1 cr above and above 8.75 Calculate
271 days to less than 1 year Rs. 1 cr above and above 8.75 Calculate
1 year to 554 days Rs. 1 cr above and above 9.15 Calculate
555 days Rs. 1 cr above and above 8.85 Calculate
556 days to less than 2 year Rs. 1 cr above and above 8.50 Calculate
2 years to less than 3 years Rs. 1 cr above and above 8.50 Calculate
3 years to less than 5 years Rs. 1 cr above and above 8.50 Calculate
5 years to less than 10 years Rs. 1 cr above and above 8.25 Calculate

b) For NRO Fixed Deposit - Less than Rs. 15 lakh (last revised on Jun 23, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
15 days to 45 days Less than Rs. 15 lakh 6.50 Calculate
46 days to 90 days Less than Rs. 15 lakh 8.00 Calculate
91 days to 180 days Less than Rs. 15 lakh 8.00 Calculate
181 days to 270 days Less than Rs. 15 lakh 7.50 Calculate
271 days to less than 299 days Less than Rs. 15 lakh 7.50 Calculate
300 days Less than Rs. 15 lakh 9.10 Calculate
301 days to less than 1 year Less than Rs. 15 lakh 7.50 Calculate
1 year to 554 days Less than Rs. 15 lakh 9.15 Calculate
555 days Less than Rs. 15 lakh 9.15 Calculate
556 days to less than 2 year Less than Rs. 15 lakh 9.00 Calculate
2 years to less than 3 years Less than Rs. 15 lakh 9.00 Calculate
3 years to less than 5 years Less than Rs. 15 lakh 9.00 Calculate
5 years to less than 10 years Less than Rs. 15 lakh 8.85 Calculate
Deposit for 18 Years ( For Girl Child) Cir. No PSB/PNS/34 dated 24-09-2010 Less than Rs. 15 lakh 8.85 Calculate

c) For NRO Fixed Deposit - Rs. 15 lakh to less than Rs. 1 cr (last revised on Jun 23, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days - 14 days Rs. 15 lakh to less than Rs. 1 cr 6.50 Calculate
15 days to 45 days Rs. 15 lakh to less than Rs. 1 cr 6.50 Calculate
46 days to 90 days Rs. 15 lakh to less than Rs. 1 cr 8.00 Calculate
91 days to 180 days Rs. 15 lakh to less than Rs. 1 cr 8.00 Calculate
181 days to 270 days Rs. 15 lakh to less than Rs. 1 cr 7.50 Calculate
271 days to less than 299 days Rs. 15 lakh to less than Rs. 1 cr 7.50 Calculate
300 days Rs. 15 lakh to less than Rs. 1 cr 9.10 Calculate
301 days to less than 1 year Rs. 15 lakh to less than Rs. 1 cr 7.50 Calculate
1 year to 554 days Rs. 15 lakh to less than Rs. 1 cr 9.15 Calculate
555 days Rs. 15 lakh to less than Rs. 1 cr 9.15 Calculate
556 days to less than 2 year Rs. 15 lakh to less than Rs. 1 cr 9.00 Calculate
2 years to less than 3 years Rs. 15 lakh to less than Rs. 1 cr 9.00 Calculate
3 years to less than 5 years Rs. 15 lakh to less than Rs. 1 cr 9.00 Calculate
5 years to less than 10 years Rs. 15 lakh to less than Rs. 1 cr 8.85 Calculate
Deposit for 18 Years ( For Girl Child) Cir. No PSB/PNS/34 dated 24-09-2010 Rs. 15 lakh to less than Rs. 1 cr 8.85 Calculate

a) For NRE Fixed Deposit - Less than Rs. 1cr (last revised on Jun 23, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year to 554 days Less than Rs. 1cr 9.15 Calculate
555 days Less than Rs. 1cr 9.15 Calculate
556 days to less than 2 years Less than Rs. 1cr 9.00 Calculate
2 years to less than 3 years Less than Rs. 1cr 9.00 Calculate
3 years to less than 5 years Less than Rs. 1cr 9.00 Calculate
Above 5 years to 10 years Less than Rs. 1cr 8.85 Calculate
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