SBI fixed deposit (FD) interest rates range from 3.05% to 6.45% p.a. for general-public and from 3.55% to 7.05% p.a. for senior citizens. Tax-saving FDs, with higher returns, offer 6.05% p.a. for general public and 7.05% p.a. for seniors citizens. Tenures for the regular FDs range between 7 days and 10 years; tax-savings FDs have a minimum lock-in period of 5 years.
Guaranteed return plans provide assured returns and the security of a life cover. These plans are an excellent option for risk-averse investors, as they are not affected by market fluctuations.
SBI FDs are secure investment options where you park your savings for a set period of time and earn higher, guaranteed rates. The bank offers a fixed interest rate depending on your deposit amount and investment tenure. Senior citizen investors get preferential rates (0.50% above the standard rates). Generally, the higher investment amounts with longer tenures usually offer better FD interest rates.
SBI's tax-saving FD scheme has a 5-year lock-in period and tax deductions under Section 80C. The Tax-saving FD offered by SBI provides 6.05% p.a. to the general public and 7.05% to senior citizens. NRIs benefit from various types of FDs, with deposits accepted in multiple currencies. With an SBI FD, you get the security of a leading public sector bank plus the assured returns on your investment. Use an SBI FD calculator to see how your money grows with the help of the power of compounding and make informed investment decisions.
3.05% - 6.45%
0.50%
7 days to 10 years
₹1,000
No limit
18 years
Monthly, half-yearly, yearly, cumulative
Available with a penalty
Allowed, but with a penalty
Available~
Available
TDS Deducted as per the applicable slab
SBI is offering its highest FD interest rate on 2-year deposits: 6.45% p.a. for the general public and 6.95% for senior citizens on 444-day FD. For longer tenures (5 to 10 years), senior citizens can earn up to 7.05%, whereas regular customers receive 6.05% for the same period.
State Bank of India (SBI) has hiked interest rates on domestic bulk term deposits (₹3 crore and above) by up to 25 bps. Effective from March 15, 2026, these revised rates apply across multiple tenures, offering higher yields for high-value investors.
| Tenure | Regular Rates | Senior Citizen |
| 7 Days to 45 Days | 3.05% | 3.55% |
| 46 Days to 179 Days | 4.90% | 5.40% |
| 180 Days to 210 Days | 5.65% | 6.15% |
| 211 Days to 364 Days | 5.90% | 6.40% |
| 444 Days to 444 Days | 6.45% | 6.96% |
| 365 Days to 729 Days | 6.25% | 6.75% |
| 730 Days to 1094 Days | 6.40% | 6.90% |
| 1095 Days to 1824 Days | 6.30% | 6.80% |
| 1825 Days to 3650 Days | 6.05% | 7.05% |
| Tenors | General Citizens | Senior Citizens |
| 7 days to 14 days | 4.50 | 5.00 |
| 15 days to 45 days | 5.00 | 5.50 |
| 46 days to 179 days | 5.35 | 5.85 |
| 180 days to 210 days | 5.85 | 6.35 |
| 211 days to less than 1 year | 5.85 | 6.35 |
| 1 year to less than 2 years | 6.50 | 7.00 |
| 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 FD interest rates w.e.f. 15-March-2026
| Bank Name | Lowest Rate | Highest Rate |
| State Bank Of India | 3.05% | 6.45% |
| ICICI Bank | 2.75% | 6.5% |
| HDFC Bank | 2.75% | 6.45% |
| Axis Bank | 3% | 6.45% |
| Punjab National Bank | 3% | 6.4% |
| Kotak Mahindra Bank | 2.75% | 6.7% |
| Yes Bank | 3.25% | 7.75% |
| IndusInd Bank | 3.25% | 7% |
| Indian Bank | 2.8% | 6.45% |
| Union Bank of India | 2.75% | 6.3% |
| Bank of India | 3% | 6.7% |
| Canara Bank | 4% | 7.25% |
| IDFC Bank | 3% | 7% |
| IDBI Bank | 3% | 6.55% |
| Indian Overseas Bank | 2.9% | 6.6% |
| Bank of Maharashtra | 2.6% | 6.65% |
| Central Bank of India | 3% | 6.5% |
| Punjab and Sind Bank | 2.85% | 6.6% |
| UCO Bank | 2.9% | 6.45% |
| RBL Bank | 3.5% | 7.2% |
| PNB Housing Finance | 3.25% | 6.6% |
| Federal Bank | 3% | 6.75% |
| Bandhan Bank | 2.95% | 7.2% |
| South Indian Bank | 2.9% | 6.6% |
| Karur Vysya Bank | 4% | 6.65% |
| Tamilnad Mercantile Bank | 4% | 7.1% |
| Karnataka Bank | 3.5% | 6.65% |
| Abhyudaya Cooperative Bank | 3.75% | 6.35% |
| Shriram Finance Ltd | 6.75% | 7.25% |
| Bajaj Finance Ltd | 6.6% | 7.4% |
| Mahindra Finance Ltd | 6.4% | 6.8% |
| AU Small Finance Bank | 3.5% | 7.1% |
| Fincare Small Finance | 3% | 8.61% |
| Utkarsh | 4% | 7.5% |
| Unity Small Finance Bank | 4% | 7.25% |
| Suryoday Small Finance Bank | 4% | 8.1% |
| DCB Bank | 3.75% | 7.15% |
| Equitas Small Finance Bank | 3.5% | 7.3% |
| ESAF Small Finance bank | 2.75% | 7.6% |
| Karnataka Grameena Bank | 3.25% | 6.6% |
| North East Small Finance bank | 3.5% | 7.75% |
| Saraswat Bank | 3.25% | 6.9% |
| Shivalik Small Finance Bank | 3.5% | 7.5% |
| Ujjivan Small Finance Bank | 3.5% | 7.45% |
*FD interest rates w.e.f. May 2026 (for general public, domestic FDs < ₹3 Cr).
While knowing the different types of SBI FDs allows you to choose the one that best suits your needs and fixed deposit interest rate expectations, it is also crucial to know various highlights associated with an SBI FD.
SBI fixed deposit is a secure option for people who wish to gain returns on their money in a safe, traditional manner. SBI FDs allow you to make a one-time deposit of your chosen amount for a fixed tenure and earn interest thereon.
You can book an SBI FD online. Just register, fill SBI FD Form, and book an FD amount from your savings account.
If you find the offline process more convenient, just visit your nearest SBI branch to book an FD.
All Indian citizens who are of 18 years or above can open the SBI term deposit retail account.
It is also possible to open an SBI FD for a minor with their parent’s or guardian’s consent.
Other than Indian individuals, the SBI FD can be opened by:
The highest SBI fixed deposit interest rate is on the 444-day tenure, at up to 6.45% p.a. for general depositors and 6.95% p.a. for senior depositors. SBI offers multiple FD schemes, including SBI Patron and SBI senior citizen FDs with higher rates, so you can invest in products that align with your financial goals in the long run. The general FD rates for SBI are up to 6.40% p.a. for general, and up to 7.05% p.a. for senior, and the return will depend on the tenure and category.
16 Feb 2026
An Auto Sweep (Sweep-in/Sweep-out) FD is a banking facility that
05 Feb 2026
The IND Sampoorna Salary Package (often referred to as the IND
˜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
* The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 7.3% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ 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. 7.3% 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
Insurance
Calculators
Payment Methods
Secured With
Follow us on
