Domestic Term Deposits    

It has now been decided to revise the rates of interest on various slabs in domestic term deposits w.e.f. 25.05.2009 & 01.06.2009.,which will be as under: -

w.e.f. 25.05.2009

 
 
 
 
 
 
 

Slabs
    Single deposit less than Rs. 1 crore
Public

(% p.a.)

 Senior Citizen (Public)

(% p.a.)

 Ex-Staff Senior Citizen

(% p.a.)
For less than Rs. 15 lacs From Rs. 15 lacs to less than Rs.1 crore For less than Rs. 15 lacs From Rs. 15 lacs to less than Rs.1 crore For less than Rs. 15 lacs From Rs. 15 lacs to less than Rs.1 crore
7 days to 14 days N.A. NA N.A. NA N.A. NA
15 days to 45 days 3.50 3.50 3.50 3.50 4.50 4.50
46 days to 90 days 5.00 5.00 5.00 5.00 6.00 6.00
91 days to 180 days 6.00 6.00* 6.00 6.00* 7.00 7.00*
181 days to 364 days 6.75 6.75* 6.75 6.75* 7.75 7.75*
1 year to less than 3 years 7.50 7.50* 8.00 8.00* 9.00 9.00*
3 years to less than 5 years 8.00 8.00* 8.50 8.50* 9.50 9.50*
5 years to upto 10 years   (i.e. Dhan Akshay) &

Tax-Save Scheme

 9.00 9.00* 9.50 9.50* 10.50 10.50*
 
 

w.e.f. 01.06.2009 
 

 
 
 
 
 

Slabs
    Single deposit less than Rs. 1 crore
Public

(% p.a.)

 Senior Citizen (Public)

(% p.a.)

 Ex-Staff Senior Citizen

(% p.a.)
For less than Rs. 15 lacs From Rs. 15 lacs to less than Rs.1 crore For less than Rs. 15 lacs From Rs. 15 lacs to less than Rs.1 crore For less than Rs. 15 lacs From Rs. 15 lacs to less than Rs.1 crore
7 days to 14 days N.A. NA N.A. NA N.A. NA
15 days to 45 days 3.50 3.50 3.50 3.50 4.50 4.50
46 days to 90 days 5.00 5.00 5.00 5.00 6.00 6.00
91 days to 180 days 6.00 6.00* 6.00 6.00* 7.00 7.00*
181 days to 364 days 6.75 6.75* 6.75 6.75* 7.75 7.75*
1 year to less than 3 years 7.50 7.50* 8.00 8.00* 9.00 9.00*
3 years to less than 5 years 8.00 8.00* 8.50 8.50* 9.50 9.50*
5 years to up to 10 years  & Tax-Save Scheme 8.50 8.50* 9.00 9.00* 10.00 10.00*
 
 
 

* There shall be 0.25% premium in the rate of interest for single domestic term deposit of Rs. 15 lacs but less than Rs. 1 crore for the maturity of 91 days to upto 10 years subject to approval by GM(O), Head Office.  
 

Rate of interest on single deposit of Rs.1 crore and above will be quoted by Head Office. 
 

The interest rate payable to Staff of SBIn and Ex-Staff of SBIn will be 1% above the applicable rates. The rate applicable to Ex-Staff of SBIn Senior Citizens will be 1% above the rate payable to Senior Citizens (Public).  
 

The above revised rates are applicable on fresh deposits and on renewal of maturing deposits. 
 

Senior Citizen Deposit  
 

The differential interest rate for senior citizens (residents with age of 60 years or above on the date of acceptance of deposit) will be 0.50% above normal rate for deposits in all maturities of 1 year to 10 years.