Sbi fd rates: State Bank of India ( SBI

State Bank of India ( SBI ) has announced a reduction in interest rates for retail term deposits, effective from 16th May 2025. This change affects fixed deposits (FDs) under Rs 3 crore for both the ... What is an SBI Fixed Deposit? SBI fixed deposits offer high interest rates up to 6.60% per annum for the general citizens and up to 7.10% for the senior citizens. With an SBI FD, you get the security of a leading public sector bank plus the assured returns on your investment. SBI cuts FD rates , reintroduces 'Amrit Vrishti' scheme with lower returns The highest rate is now 6.90 per cent for deposits of 2 to 3 years for regular customers, and 7.50 per cent for senior citizens for deposits of 5 to 10 years SBI FD interest rates vary between 3.5% and 7.1% for general customers. SBI FD interest rates for senior citizens vary between 3.5% and 7.9%. SBI also offers a specific tenor FD scheme of “400 days” (Amrit Kalash) at an interest rate of 7.10 % for general and 7.6% for Senior Citizens.