Domestic Bulk Term Deposits

Interest RatesDeposit RatesReinvestment PlanSBI NRI Services - Interest Rates
Show More
Loan Schemes - Interest RatesMarginal Cost of fund based lending rateInterest Rate For Borrowers Other Than P Segment - Commercial LoansSME Interest RangeSMEBU 10 years interest rateInterest Rates On Pre Shipment Credit And Export Bill Discounting in Foreign Currency LoansInterest Rates On FCNB Loans To Exporters CorporatesProcessing FeesPenal Interest & Other ChargesMCLR Historical DataBenchmark Prime Lending Rate - Historical DataBase Rate - Historical DataOld Interest Rates - Last 10 YearsSME SegmentAgricultural SegmentSavings Bank Depositscc-od-interest-rateRetail Domestic term depositsDomestic Bulk Term Deposits
Domestic Term Deposit Interest Rates

Revision in Interest Rates on Domestic Bulk Term Deposits (Rs. 2 Crores and above) W.E.F. 27.05.2020

The revised Interest rates on 'Domestic Bulk Term deposits (Rs.2 Crore and above) will be as per following table:

(All figures in % per annum)

Tenors Existing Rates For Public w.e.f. 25.04.2020 Revised Rates For Public w.e.f 27.05.2020 Existing Rates for Senior Citizens w.e.f. 25.04.2020 Revised Rates for Senior Citizen w.e.f. 27.05.2020
7 days to 45 days 3.00 2.90 3.50 3.40
46 days to 179 days 3.00 2.90 3.50 3.40
180 days to 210 days 3.00 2.90 3.50 3.40
211 days to less than 1 year 3.00 2.90 3.50 3.40
1 year to less than 2 years 3.00 2.90 3.50 3.40
2 years to less than 3 years 3.50 3.00 4.00 3.50
3 years to less than 5 years 3.50 3.00 4.00 3.50
5 years and upto 10 years 3.50 3.00 4.00 3.50

Premature payment of Bulk term deposits:

Premature penalty for Bulk Term Deposits for all tenors will be 1%. It will be applicable for all new deposits including renewals. There is no discretion for reduction/waiver of penalty for premature withdrawal of term deposit

The revised rates of interest shall be made applicable to fresh deposits and renewals of maturing deposits. The interest rates on NRO term deposits shall be aligned as per the rates for domestic term deposits. These rates of interest shall also be made applicable to domestic term deposits from Cooperative Banks.


Interest Rates

7.35% p.a.

w.e.f. 01.05.2020

*T&C Apply.

 

 

View All
SEE PRODUCTS APPLY NOW
Quick Links