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.

Latest fixed deposit rates offered by SBI

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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