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SBI Green Rupee Term Deposit (SGRTD)
The SBI Green Rupee Term Deposit (SGRTD) is a savings scheme launched by the State Bank of India (SBI) to support environmentally friendly projects. The Reserve Bank of India (RBI) issued guidelines in April 2023 on a Framework for the acceptance of green deposits as part of its effort. You can get started with a minimum deposit of ₹1,000 and choose from flexible, unique tenures (like 1111 or 1777 days) and even get extra interest if you are a senior citizen.
Guaranteed Returns
Includes Life Cover
Completely Tax Free+
3 Benefits, 1 Plan
Maximum returns offered by:
7.4%*
(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 7.4%*
Fully Tax-Free, Life Cover Included
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- SBI Green Rupee Term Deposit (SGRTD)
Understanding SBI Green Rupee Term Deposit (SGRTD)
The SBI Green Rupee Term Deposit allows you to open a fixed deposit account specifically designed to raise funds for green projects. Your money directly supports financing eligible green activities, such as renewable energy projects, pollution control, and sustainable agriculture.
SBI Green Rupee Term Deposit (SGRTD) Interest Rates
As of December 2025, here are the interest rates for the SBI Green Rupee Term Deposit:
| Tenure | Interest Rate for General Public (p.a) | Interest Rate for Senior Citizens (p.a) |
| 1111 Days | 6.20% | 6.70% |
| 1777 Days | 6.20% | 6.70% |
| 2222 Days | 5.95% | 6.95% |
SBI 2222 Day Fixed Deposit Interest Rate
Following are the interest rates for the SBI 2222 Green Rupee Term Deposit:
SBI 2222 Day Fixed Deposit Interest Rate (Retail)
Below is the table containing special rates of SBI 2222 Day Fixed Deposit for deposits from ₹1.01 crore to less than ₹3 crore:
| Tenure | General Citizens (p.a) | Senior Citizens (p.a) |
| 2222 Days | 5.95% | 6.95% |
SBI 2222 SBI Green Rupee Term Deposit Interest Rate (Bulk)
The table below shows the SBI 2222 days fixed deposit from ₹3Cr & above
| Tenure | General Citizens (p.a) | Senior Citizens (p.a) |
| 2222 Days | 5.90% | 6.40% |
Features of the SBI Green Rupee Term Deposit (SGRTD) Scheme
- Eligible Products: SGRTD is available under the Term Deposit and Special Term Deposit categories only. It is not available for SBI MOD (Multi Option Deposit), Tax Saving FD, Annuity Deposit, or RD (Recurring Deposit) schemes.
- Deposit Amount: Minimum ₹1,000; no maximum limit.
- Tenure Options: Three specific tenures are available:
- 1111 days
- 1777 days
- 2222 days
- Premature Withdrawals: Allowed, subject to the same guidelines applicable to premature withdrawal of a normal Time Deposit.
- Loan Facility: You can access an overdraft or demand loan against your Green Deposit for added financial flexibility.
- Product Availability: SGRTD is now available through both branch channels and digital channels (Internet Banking and the YONO app).
- Maturity Instructions: TDS applies once FD interest exceeds ₹50,000 (general citizens) or ₹1,00,000 (senior citizens) in a financial year. Submit Form 121, which replaced Form 15G/15H from 1st April 2026, to avoid TDS if your total taxable income is below the exemption limit.
- Account Transfer: You can transfer your account to any SBI branch across India.
- Conversion Restrictions: You cannot convert an existing Term Deposit Receipt (TDR) into a Green Rupee Term Deposit, or vice versa.
Benefits of the SBI Green Rupee Term Deposit Scheme
Investing in SGRTD offers several advantages:
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Support for Green Initiatives: Your funds will directly contribute to environmentally friendly projects.
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Attractive Interest Rates: The competitive rates make this scheme a lucrative investment option.
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Accessibility: With a minimum investment amount of just ₹1,000, many people can easily participate.
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Insurance Coverage: The Deposit Insurance and Credit Guarantee Corporation (DICGC) insures your deposits up to ₹5 lakh.
How to Invest in SGRTD
You can invest in the SBI Green Rupee Term Deposit through either of the following channels:
Branch Channel:
- Visit any SBI branch near you.
- Complete the required application forms and submit your investment amount.
Digital Channels:
SGRTD is now also available through Internet Banking (INB) and the YONO app, allowing you to open a Green Deposit account without visiting a branch.
Conclusion
The SBI Green Rupee Term Deposit provides an excellent opportunity to invest responsibly while earning competitive returns on your savings. With rates now aligned to the SBI FD rates card and the convenience of digital access via YONO and Internet Banking, SGRTD makes it easier than ever to support environmental sustainability while growing your savings.
FAQs
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What is an SBI 2222 Day fixed deposit?
The SBI 2222 Day fixed deposit is a scheme under the name SBI Green Rupee Term Deposit for the specific tenure of 1111, 2222, and 1777 days at 10 bps below Card Rate. -
What is the SBI 2222 Day Fixed Deposit interest rate?
The SBI 2222 Day Fixed Deposit interest rate for general citizens is 5.95% p.a. and for senior citizens is 6.95% p.a. -
Is SGRTD available online?
Yes. SGRTD can now be opened through SBI branches as well as through Internet Banking (INB) and the YONO app. -
Can I convert my existing FD into an SGRTD?
No. Conversion from an existing Term Deposit Receipt (TDR) to SGRTD, or vice versa, is not permitted. -
What is the interest rate of the SBI green rupee term deposit?
The interest rates for green deposits, including the SBI Green Rupee Term Deposit, typically align with standard fixed deposit rates but may vary slightly. For SGRTD, the rates are set at 10 basis points below the card rate for retail and bulk deposits.
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10 Feb 2026
The fixed deposit interest rates in India are generally between*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
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
++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