Update: October 18 2012
I updated my bank interest rates page yesterday, and realized how many different types of interest rates there are. So, I thought I’d create this page with State Bank of India interest rates that will act as a reference for different types of interest rates as well as a ready reference – if someone is specifically interested in SBI interest rates.
1. Domestic Term Deposits: The first one in the list is interest rates for domestic term deposits below one crore rupees.
Here is the table that has those rates.
Tenor 
Below Rs.15 Lakhs 
Rs.15 lakhs to less than Rs. 1 Cr 

Existing Rates w.e.f. 07.08.2012 
Revised ratesÂ w.e.f. 07.09.2012 
Existing Rates w.e.f. 07.08.2012 
Revised rates w.e.f. 07.09.2012 

7 days to 90 days 
7.00 
6.50 
8.00 
7.50 
91 days to 179 days 
7.00 
6.50 
8.00 
7.50 
180 days 
7.00 
6.50 
8.00 
7.50 
181 days to 240 days 
7.25 
6.50 
8.00 
7.50 
241 days to less than 1 year 
7.50 
6.50 
8.00 
7.50 
1 year to less than 2 years 
9.00 
8.50 
9.00 
8.50 
2 years to less than 3 years 
Â 9.00 
Â 8.50 
Â 9.00 
Â 8.50 
3 years to less than 5 years 
Â 9.00 
Â 8.50 
Â 9.00 
Â 8.50 
5 years and up to 10 years 
8.50 
8.50 
8.50 
8.50 
2. Domestic Term Deposits for more than one crore rupees: If you have more than a crore to spare for a term deposit – you will get a different interest rate. Here is that table:
Tenor 
Rs.15 lakhs and aboveÂ to less than Rs. 1 Crore 

Existing premiums w.e.f. 07.08.2012 
Revised Premiums w.e.f. 07.09.2012 
Effective Rate w.e.f. 07.09.2012 

7 days to 90 days 
100 bps 
100 bps 
7.50 
91 days to 179 days 
100 bps 
100 bps 
7.50 
180 days 
100 bps 
100 bps 
7.50 
181 days to 240 days 
75 bps 
100 bps 
7.50 
241 days to less than 1 year 
50 bps 
100 bps 
7.50 
1 year to less than 2 years 
– 
– 
8.50 
2 years to less than 3 years 
– 
– 
8.50 
3 years to less than 5 years 
– 
– 
8.50 
5 years and up to 10 years 
– 
– 
8.50 
3. Resident Indian Senior Citizens: Senior citizens get a slightly interest rate in India, but not if their deposit is more than a crore. Here is a table that shows these rates:
Tenor 
Below Rs.15 Lakhs 
Rs.15 lakhs to less than Rs. 1 Cr 

Existing Rates w.e.f. 07.08.2012 
Revised ratesÂ w.e.f. 07.09.2012 
Existing Rates w.e.f. 07.08.2012 
Revised ratesÂ w.e.f. 07.09.2012 Â 

7 days to 90 days 
7.00 
6.50 
8.00 
7.50 
91 days to 179 days 
7.00 
6.50 
8.00 
7.50 
180 days 
7.00 
6.50 
8.00 
7.50 
181 days to 240 days 
7.25 
6.50 
8.00 
7.50 
241 days to less than 1 year 
7.50 
6.50 
8.00 
7.50 
1 year to less than 2 years 
9.50 
9.00 
9.50 
9.00 
2 years to less than 3 years 
9.50 
9.00 
9.50 
9.00 
3 years to less than 5 years 
9.50 
9.00 
9.50 
9.00 
5 years and up to 10 years 
9.00 
9.00 
9.00 
9.00 
4. SBI staff and pensioners: If you are a SBI employee or pensioner – you will get 1% extra on top of the regular interest rate. If you are a pensioner above 60 years old, then you will get dual benefit – 0.50% extra for senior citizens, and 1% extra for the staff.
5. Savings Bank Interest Rates: Savings account get an interest rate of 3.5%.
Let me know if I missed out anything or if you have any other questions, and also look at the fixed deposit rates in India offered by other banks.
If you are a NRI, then the NRI Interest Rates page will be more meaningful for you, and if you are looking for more information on fixed deposits, then this page lists down more resources on fixed deposits.
Click on the New Here page to see how you can make the best use of this website.
Image by nOr
What is the full form of w.e.f
I have 15 lakh cash I want to know how much int I get par month from sbi
I wants a business loane
Mara q hai hum kis ma pasa invest kara jo ki accha rate of intrest ho
I want to 5 lacks mis .so me send me detail of rate of interest and maturity benefit.
I want enformation deposit amount entrest details
Sir its from sale of property. …I want to invest 1 crore for three years on terms of monthly income basis…..fix income every month. .. Suggest me the highest interest or plan offered by banks on fixed deposits or plans other than fixed deposits….I hope you have got the required details
I want insurance / deposit details
Can fixed deposits give us interests on monthly basis….kindly reply
I want a regular income on monthly basis and if invest 1 crore then wot wud b the amt I will get nd AC gets credited every month for a period of 3 years…..kindly reply
fixed deposit interest low I’m no Happy
If I save 1 crore rupess in bank then how much interest I get monthly
Sir if i save 10lack rupees then how much I can get from bank per month interest
what is the interest rate for the senior citizen of Monthly Interest Scheme. Suppose I want to invest 20 lakh in MIS scheme, den how much I earn in monthly. ?
Suppose I want to invest 40 lakh in MIS scheme, den how much I earn in monthly. ??
if i invest 1 lakh rupees than how much get interest in month.
and tell me about fix deposit for short period or long period. thanks please
mail me…
I want to know about the rd interest rates if invest 2000 each month on sbi..And if I invest about 10 lakh in fixed deposit what rates am I getting in each month…???
Dear Sir,
I deposit Rs 110,000/ term deposit in sbi at 90 days. how much intrest amount gain after 90 days
plz reply
thanking you
regards
ramana
this is surprising answer everyone will get:
Rs. 333 only per month on 1lac Rs…
oh my god.. kaise loot rahe h hame..
Dear sir,
I want to know about the rate of interest on saving account. Suppose i have 3 lac in my saving account how much interest i’ll get at the end of month.. please send me all details at my email id..
You just reply me back in my email id satishgurung22@hotmail.com