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SBI Sarvottam Non-Callable Term Deposit
SBI Sarvottam FD is a non-callable term deposit available for ₹1.01 crore to below ₹3 crore for 1-year and 2-year tenures. It offers rates above the applicable card rates, with no premature withdrawal facility. Interest rates are 6.55% p.a. and 6.80% p.a. for general depositors, and 7.05% and 7.30% p.a. for seniors, effective from December 15, 2025.
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%*
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SBI FD Interest Rates
- SBI Sarvottam (Non-Callable) Term Deposit
SBI Sarvottam FD Interest Rates November 2026
For deposits between ₹1.01 crore and less than ₹3 crore, effective from 15 December 2025, the interest rates are as follows:
| Tenure | General Public Rate (p.a.) | Senior Citizen Rate (p.a.) |
|---|---|---|
| 1 Year | 6.55% | 7.05% |
| 2 Years | 6.80% | 7.30% |
*SBI FD interest rates w.e.f. December 15, 2025
SBI Sarvottam Term Deposit: Key Features
Key features of SBI Non-Callable Term Deposits, covering tenure, interest rates, withdrawal restrictions and loan facility, are given below.
- Interest Rates: The deposit pays 0.30% above the card rate for a 1-year tenure and 0.40% above the card rate for 2 years. These SBI FD interest rates move with the prevailing card rates.
- Premature Withdrawal: Not permitted, except in specific cases such as a court or regulatory order, winding up or insolvency, the death of an individual depositor, etc.
- Loan Facility: You can take a loan against SBI FD as a secured loan. An overdraft facility is not offered against this deposit.
- Interest Payout: TDR pays interest from time to time, while STDR pays interest along with principal after maturity.
- TDS: Tax Deducted at Source (TDS) is applicable as per the tax rules.
Benefits of Investing in SBI Sarvottam FD Scheme
Investing in the SBI Sarvottam FD scheme is helpful for investors because of these benefits:
- Higher Returns: The deposit earns a premium over the current card rate for the specific tenors.
- Security & Safety: The deposits in the bank are insured with the Deposit Insurance and Credit Guarantee Corporation (DICGC). This is subject to regulatory limits.
- Financial Planning: Due to its fixed nature, it is suitable for short- to medium-term financial planning.
- Advantages for Senior Citizens: Senior citizens get higher interest rates.
Calculate Returns Using SBI FD Calculator
An SBI FD calculator helps you estimate the maturity amount and total interest on your Sarvottam Non-Callable Term Deposit before investing. Simply enter the deposit amount, choose the tenure (1 year or 2 years) and depositor category, and the tool applies the correct rate, from 6.55% up to 7.30% p.a. for seniors, to project your returns. Since premature withdrawal is not permitted on this scheme, checking the numbers beforehand helps confirm the amount and tenure suit your needs before you commit.
FAQs
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What is the SBI 7.60 interest rate?
SBI’s retail domestic FD rates do not currently list a 7.60% p.a. rate. For senior citizens, the applicable rate can reach 7.05% p.a. for the 1-year non-callable term deposit. -
What is the interest rate for SBI FD for 444 days?
SBI FD rates for the 444-day FD are 6.45% p.a. for regular depositors and 6.95% p.a. for senior citizens. The interest rates for the Amrit Vrishti (444 days) scheme are effective from 15th Dec 2025. -
How can I get ₹10,000 interest monthly in SBI?
SBI offers monthly interest payout on term deposits at a discounted rate. The required deposit is based on the prevailing FD rates and duration. At 6.25% p.a., the basic computation would involve an amount of around ₹19.2 lakh before the discounted monthly distribution. -
What is the rate of a ₹50,000 FD for 1 year in SBI?
For a ₹50,000 SBI FD with a one-year tenure, the applicable rate is 6.25% p.a. for the general public under SBI’s published retail domestic term deposit rates. Senior citizens receive 6.75% p.a. for the same tenure. -
Can I deposit ₹5 lakh in the SBI Annuity Deposit Scheme?
Yes, the SBI Annuity Deposit Scheme accepts a one-time lump-sum deposit and repays it through monthly instalments comprising principal and interest. SBI does not specify an upper deposit limit. Available tenures are 36, 60, 84 and 120 months, subject to applicable scheme terms. -
What is the interest on a ₹10 lakh in SBI per month FD?
Interest on a ₹10 lakh SBI FD at 6.25% p.a. comes to roughly ₹62,500 a year, before tax. If you choose the monthly payout option, SBI does not simply divide this by twelve. It applies a slightly discounted rate for monthly payments, so what you actually receive each month works out to a bit under ₹5,208.33.
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10 Feb 2026
Fixed deposit (FD) interest rates in India currently range from*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 Insurance Brokers Private Limited 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