The SBI Special Term Deposit (STD) is a type of fixed-term deposit where the interest earned is paid out only at the time of maturity. The interest in an SBI Special Term Deposit is compounded and added to the principal, resulting in higher overall returns.
Includes life cover
Completely Tax free+
6.9%*
Guaranteed Plan
(by insurance companies)
(10 Years)
6.5%**
Fixed Deposits
(by SBI bank)
(5-10 Years)
6.9%***
Public Provident Fund
(other popular options)
(15 Years)
Tenure Regular Rates Senior Citizen 7 Days to 2 Months 3.05% 3.55% 2 Months to 6 Months 4.90% 5.40% 6 Months to 7 Months 5.65% 6.15% 7 Months to 12 Months 5.90% 6.40% 1.2 Years 6.60% 7.10% 1 Year to 2 Years 6.25% 6.75% 2 Years to 3 Years 6.45% 6.95% 3 Years to 5 Years 6.30% 6.80% 5 Years to 10 Years 6.05% 7.05%
| Tenure | SBI FD Interest Rates 2025 (in % p.a.) |
| For 400 days | 7.10% p.a. (highest slab rate) |
| For 1 year | 6.80% p.a. |
| For 2 years | 7.00% p.a. |
| For 3 years | 6.75% p.a. |
| For 4 years | 6.75% p.a. |
| For 5 years | 6.50% p.a. |
| Tax-Saving FDs | 6.50% p.a. |
Below are the features of SBI Special Term Deposit:
Term: The minimum deposit period is 6 months, and the maximum is 10 years.
Availability: Available at all SBI branches.
Minimum and Maximum Deposit: The minimum deposit is Rs. 1,000, and there's no upper limit. Deposits of Rs. 2 crore or more are considered bulk deposits.
Interest: Interest is compounded quarterly and paid out in full at the end of the deposit term.
Nomination: Nomination is available in favor of individuals only.
Cash Payments: For deposits of Rs. 20,000 or more, cash payments are not allowed at maturity.
Transferability: The deposit can be transferred between SBI branches.
Tax Deducted at Source (TDS): TDS is applicable as per Indian Income Tax Rules. However, you can submit Form 15G or 15H to claim exemption from TDS if you meet the eligibility criteria.
Loans Against Deposits: Loans can be obtained against this deposit with applicable margins. Below are the rates:
| Residual tenor of Deposit as on Date of availing loan (For Public) | Margin |
| Up to 36 Months | 5% |
| >36 months & up to 60 months | 10% |
| >60 months | 15% |
Below are the benefits of SBI Special Term Deposit:
Higher Returns: Due to compounding, STDs generally offer higher returns compared to regular term deposits with the same interest rate.
Tax Benefits: Interest earned on STDs is taxable, but you can claim deductions under certain circumstances.
Flexibility: You can choose a deposit term that suits your financial goals.
| Tenor | Interest Rates for General Citizens (in % p.a.) | Interest Rates for Senior Citizens (in % p.a.) |
| 7 days to 45 days | 3.50% | 4.00% |
| 46 days to 179 days | 5.50% | 6.00% |
| 180 days to 210 days | 6.25% | 6.75% |
| 211 days to less than 1 year | 6.50% | 7.00% |
| 1 Year to less than 2 years | 6.80% | 7.30% |
| 2 years to less than 3 years | 7.00% | 7.50% |
| 3 years to less than 5 years | 6.75% | 7.25% |
| 5 years and up to 10 years | 6.50% | 7.50% |
| Tenure | Regular Customers Interest Rates (p.a.) | Senior Citizens Interest Rates (p.a.) |
| 7 days to 45 days | 5.25% | 5.75% |
| 46 days to 179 days | 6.25% | 6.75% |
| 180 days to 210 days | 6.60% | 7.10% |
| 211 days to less than 1 year | 6.75% | 7.25% |
| 1 year to less than 2 years | 7.00% | 7.50% |
| 2 years to less than 3 years | 7.00% | 7.50% |
| 3 years to less than 5 years | 6.50% | 7.00% |
| 5 years and up to 10 years | 6.25% | 6.75% |
*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
Interest Earned
Maturity Amount
28 Aug 2025
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19 Aug 2025
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