6 Replies to “how much interest for fixed deposits in sbi?”

YOUR QUESTION IS NOT CLEAR FIXED DEPOSIT FOR ONE YEAR, THREE YEARS, & FIVE YEARS TERM IS HAVING DIFFERENT INTEREST RATE ANY HOW FOR ONE YEAR IT IS 9% .

180 days to less than 1 year
6.50
271 days to less than 1 year
6.75

1 year to less than 3 years
8.25
1 year to less than 2 years
8.00

3 years to less than 5 years
8.25
2 Years to less than 3 Years
8.25

5 years and up to 10 years
8.25
3 Years and up to 10 Years
8.50

Note: Term deposits for maturity period of â€œ7 days to 14 daysâ€ will continue to be accepted for amounts of Rs. 1 crore and above and rates for the same will be advised by the Corporate Centre.

180 days to less than 1 year
6.50
271 days to less than 1 year
6.75

1 year to less than 3 years
8.25
1 year to less than 2 years
8.00

3 years to less than 5 years
8.25
2 Years to less than 3 Years
8.25

5 years and up to 10 years
8.25
3 Years and up to 10 Years
8.50

Note: Term deposits for maturity period of â€œ7 days to 14 daysâ€ will continue to be accepted for amounts of Rs. 1 crore and above and rates for the same will be advised by the Corporate Centre.

The interest rates are highly fluctuating,
The banks site can give the exact prevailing rates at the time, u can also visit the bank’s branch for the same.

YOUR QUESTION IS NOT CLEAR FIXED DEPOSIT FOR ONE YEAR, THREE YEARS, & FIVE YEARS TERM IS HAVING DIFFERENT INTEREST RATE ANY HOW FOR ONE YEAR IT IS 9% .

9.5%

Revised rates w.e.f. 09.08.2007

Duration

Interest Rate

(% p.a.)

Duration

Interest Rate

(% p.a.)

15 days to 45 days

5.00

15 days to 45 days

5.00

46 days to 179 days

5.50

46 days to 270 days

5.50

180 days to less than 1 year

6.50

271 days to less than 1 year

6.75

1 year to less than 3 years

8.25

1 year to less than 2 years

8.00

3 years to less than 5 years

8.25

2 Years to less than 3 Years

8.25

5 years and up to 10 years

8.25

3 Years and up to 10 Years

8.50

Note: Term deposits for maturity period of â€œ7 days to 14 daysâ€ will continue to be accepted for amounts of Rs. 1 crore and above and rates for the same will be advised by the Corporate Centre.

Rate is 9.5 % for more then 1 year.

Existing w.e.f.22.01.2007

Revised rates w.e.f. 09.08.2007

Duration

Interest Rate

(% p.a.)

Duration

Interest Rate

(% p.a.)

15 days to 45 days

5.00

15 days to 45 days

5.00

46 days to 179 days

5.50

46 days to 270 days

5.50

180 days to less than 1 year

6.50

271 days to less than 1 year

6.75

1 year to less than 3 years

8.25

1 year to less than 2 years

8.00

3 years to less than 5 years

8.25

2 Years to less than 3 Years

8.25

5 years and up to 10 years

8.25

3 Years and up to 10 Years

8.50

Note: Term deposits for maturity period of â€œ7 days to 14 daysâ€ will continue to be accepted for amounts of Rs. 1 crore and above and rates for the same will be advised by the Corporate Centre.

http://www.statebankofindia.com/viewsection.jsp?lang=0&id=0,16,384,385

The interest rates are highly fluctuating,

The banks site can give the exact prevailing rates at the time, u can also visit the bank’s branch for the same.