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State Bank of India fixed deposit rates

India's largest public-sector bank; publishes retail term deposit rates (below ₹3 crore) with separate senior citizen rates.

Verified against State Bank of India's website 18 Oct 2026, 03:42 UTC

TypeBank
Deposit protectionYes (DICGC)

Rates and terms are set by State Bank of India. Always confirm on the bank's page before you deposit.

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Promotional rates

No promotional rate is published on the bank's page today.

Board rates

Standing rates when no promotion applies (and often what a promo renews into).

TenureNot stated
2 months4.90%
6 months5.65%
7 months5.90%
12 months6.25%
24 months6.40%
36 months6.30%
60 months6.05%

Deposit protection: DICGC

Limit₹500,000

DICGC insures deposits (savings, current, fixed, recurring) at insured banks up to ₹5 lakh per depositor per bank, principal and interest combined, across all accounts held in the same right and capacity. Source, checked 2026-10-18.

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Sources

Every figure on this page was read from these pages at the time shown. Nothing is estimated.

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