State Bank of India (SBI) has reduced interest rates on retail term deposits effective May 16th, 2025. These changes affect fixed deposits (FDs) under Rs 3 crore for both the general public and senior citizens. The revised rates offer slightly lower returns across various tenures, impacting returns on savings. State Bank of India FD Interest Rates 2025 Current FD Interest Rates SBI Bank offers Fixed Deposits (FD) with interest rates ranging from 3.05% to 6.60% P.A. for general public and 3.55% to 7.10% P.A. for senior citizens, with tenures from 7 days to 10 years. The State Bank of India (SBI) reduced its fixed deposit interest rates once again. This time, SBI has reduced its FD rates by 15 basis points on various tenures for both senior citizens and the ... Invest in SBI 1 Lakh FD Scheme 2025 for safe & steady growth. Earn up to 7.05% interest, enjoy flexible tenures & guaranteed returns for all investors.