SBI FD Interest Rates 2024 - State Bank of India Fixed Deposit
As of August 2024, the State Bank of India (SBI) offers various fixed deposit (FD) interest rates based on the tenure of the deposit and the depositor's category.
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As of August 2024, the State Bank of India (SBI) offers various fixed deposit (FD) interest rates based on the tenure of the deposit and the depositor's category.
A fixed deposit (FD) is a financial instrument offered by banks and non-banking financial companies (NBFCs) that provides investors with a higher interest rate than a regular savings account until the given maturity date. It is one of the safest investment options as it offers guaranteed returns.
SBI Bank FD Rates 2024 (Below 3 Crores)
| Tenure | Regular customers | Senior citizens | |
|---|---|---|---|
|
7 days – 45 days
|
3.50%
|
4.00%
|
|
|
46 days – 179 days
|
5.50%
|
6.00%
|
|
|
180 days – 210 days
|
6.25%
|
6.75%
|
|
|
211 days – 364 days
|
6.50%
|
7.00%
|
|
|
1 year – 1 year 364 days
|
6.80%
|
7.30%
|
|
|
2 years – 2 years 364 days
|
7.00%
|
7.50%
|
|
|
3 years – 4 years 364 days
|
6.75%
|
7.25%
|
|
|
5 years – 10 years
|
6.50%
|
7.50%
|
|
|
400 Days (Amrit Kalash Scheme)
|
7.10%
|
7.60%
|
SBI Term Deposit Rates 2024 (Above 3 Crores)
| Tenure | Regular customers | Senior citizens | |
|---|---|---|---|
|
7 days - 45 days
|
5.25%
|
5.75%
|
|
|
46 days - 179 days
|
6.25%
|
6.75%
|
|
|
180 days - 210 days
|
6.60%
|
7.10%
|
|
|
211 days - less than 1 year
|
6.75%
|
7.25%
|
|
|
1 year - less than 2 years
|
7.00%
|
7.50%
|
|
|
2 years - less than 3 years
|
7.00%
|
7.50%
|
|
|
3 years - less than 5 years
|
6.50%
|
7.00%
|
|
|
5 years and up - 10 years
|
6.25%
|
6.75%
|
Special Schemes
- SBI Amrit Vrishti Fixed Deposit Scheme (444 days): 7.25% for regular customers, 7.75% for senior citizens​.
These rates are subject to change, and it is advisable to check the latest rates on the official SBI website or visit a nearby branch for the most accurate information.
