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SBI Floating Rate Bulk Term Deposit (FRBTD)
SBI Floating Rate Bulk Term Deposit (FRBTD) is a deposit scheme where the interest rate is linked to an external benchmark, typically the Repo Rate. This means the interest rate on your deposit will fluctuate based on changes in the Repo Rate and/or a spread.
Guaranteed Return
Includes Life Cover
Completely Tax Free+
3 Benefits, 1 Plan
Maximum returns offered by:
6.9%* (Tax-Free)
Guaranteed Plan
(By Insurance companies)4.6%* (After Tax)
Fixed Deposit
(Offered by Banks)4.0%*
Savings Account
(Post Office)Get Guaranteed returns upto 6.9%*
Fully Tax-Free, Life Cover Included
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Home
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FD Interest Rates
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SBI FD Interest Rates
- SBI Floating Rate Bulk Term Deposit (FRBTD)
SBI FD Interest Rates (Rs. 3 Crores and above)
| Tenure | Regular Rates | Senior Citizen |
| 7 days to 14 days | 4.50% | 5.00% |
| 15 days to 45 days | 5.00% | 5.50% |
| 46 days to 179 days | 5.10% | 5.60% |
| 180 days to 210 days | 5.60% | 6.10% |
| 211 days to less than 1 year | 5.60% | 6.10% |
| 1 year to less than 2 years | 6.25% | 6.75% |
| 2 years to less than 3 years | 6.15% | 6.65% |
| 3 years to less than 5 years | 6.00% | 6.50% |
| 5 years and up to 10 years | 6.00% | 6.50% |
*SBI Floating Rate Bulk Term Deposit interest rate w.e.f 15-July-2025.
Information About
Guaranteed Return Plans
Returns Before Tax
6.9%* (TAX-FREE)
Returns After Tax
6.9%*
Guaranteed Returns
Yes
Life Cover
Yes
Tax on Profit
Tax Free*
Risk
No Risk
Fixed Deposits
Returns Before Tax
7% (TAXABLE)
Returns After Tax
4.8%
Guaranteed Returns
Yes
Life Cover
No
Tax on Profit
Taxable
Risk
Low Risk
Debt Mutual Fund
Returns Before Tax
8% (TAXABLE)
Returns After Tax
5.5%
Guaranteed Returns
No
Life Cover
No
Tax on Profit
Taxable
Risk
High Risk
*For annual premium upto ₹5 Lacs
Features of SBI Floating Rate Bulk Term Deposit (FRBTD)
- Interest Rate: The interest rate is linked to the Repo Rate, ensuring it remains competitive with market rates.
- Eligibility: All individuals (including NRIs) and non-individual customers can open FRBTD accounts. Minors are not eligible.
- Tenor: The minimum deposit period is 91 days, and the maximum is 3 years. For NRE Rupee Term Deposits, the minimum period is 12 months.
- Deposit Amount: The minimum deposit amount is Rs. 2 crores, and subsequent deposits must be in multiples of Rs. 1,00,000. There's no maximum deposit limit.
- Premature Withdrawal: A penalty of 1% applies for premature withdrawal of FRBTD for all tenors. No interest will be paid if the deposit is withdrawn before 91 days.
- Loan/Overdraft: You can avail of an OD/loan facility against an FD of up to 90% of your FRBTD amount. The interest rate will be 1.50% p.a. above the applicable floating interest rate.
- Transferability: The deposit can be transferred between SBI branches.
Benefits of SBI Floating Rate Bulk Term Deposit (FRBTD)
- Competitive Interest Rates: The floating rate ensures your deposit earns interest that is competitive with market rates.
- Flexibility: The interest rate adjusts to changes in the market, providing flexibility and potentially higher returns.
- Loan Facility: The availability of a loan or overdraft can be convenient for short-term financial needs.
FAQs
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Q. What is the bulk deposit interest rate in SBI?
SBI bulk deposit rates for ₹3 Crore & above, as of mid-Dec 2025, generally offer around 4.50% p.a. to 6.25% p.a. for the general public and from 5.00% to 6.75% p.a. for the senior citizens. -
Q. What are the advantages of the SBI Floating Rate Bulk Term Deposit?
Here are some of the benefits of the SBI Floating Rate Bulk Term Deposit:- Quick Mobilisation of Large Funds
- Flexibility in Liquidity Management
- Support for Large-Scale Financing
- Swift Response to Credit Demand
- Optimisation of Funding Costs
*All savings are provided by the insurer as per the IRDAI approved
insurance plan. Standard T&C Apply
+ Trad plans with a premium above 5 lakhs would be taxed as per
applicable tax slabs post 31st march 2023
#Discount offered by insurance company
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
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