Moneycontrol
Apr 02, 2012 05:58 PM IST | Source: Moneycontrol.com

Latest fixed deposit rates offered by SBI

Latest fixed deposit rates offered by State Bank of India.

 
 
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Latest fixed deposit rates offered by State Bank of India.


The revised interest rates for Domestic Term Deposits 'Below Rupees One Crore' effective from the 28.03.2012* would be as under:


 


 


 


 



Tenors

Revised rates w.e.f. 28.03.2012

7 days to 90 days

8

91 days to 179 days

8

180 days

7

181 days to 240 days

8

241 days to less than 1 year

8

1 year to less than 2 years

9.25

2 years to less than 3 years

9.25

3 years to less than 5 years

9.25

5 years and up to 10 years 

9.25

 


 


 


 


 


 


 


 


 


 


 


 


 


*However, it was decided that with effect from 28th March 2012


An additional premium of 100 bps over the card rates will be paid on a single term deposit of Rs 15 lacs and above(but less than Rupees one crore) for a period of 7 to 90 days.
 
An additional premium of 100 bps will be paid on a single term deposit of Rs 15 lacs and above (but less than Rupees one crore) for a period of 91 days to 179 days.
 
An additional premium of 200 bps over the card rates will be paid on a single term deposit of Rs 15 lacs and above(but less than Rupees one crore) for a period of 180 days.


Effective rate for Single Term Deposit of Rs 15 lacs and above but less than Rs 1 Crore w.e.f. from 28th March 2012 will be as under:



































Tenors


Interest Rate


7 days to 90 days


9.00%


91 days to 179 days


9.00%


180 days


9.00%


181 days to 240 days


8.00%


241 days to less than 1 year


8.00%


1 year to less than 2 years


9.25%


2 years to less than 3 years


9.25%


3 years to less than 5 years


9.25%


5 years and up to 10 years


9.25%


 


 


 


 


 


 


 


 


 


 

Source: State Bank of India

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