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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  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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