State Bank of Mysore FD Interest Rates

SBI Fixed Deposit Rates Highlights 2023

Highest slab rate 7.10% p.a. (for 400 days)
For 1 year 6.80% p.a.
For 2 year 7.00% p.a.
For 3 year 6.50% p.a.
For 4 year 6.50% p.a.
For 5 year 6.50% p.a.
Tax-Saving FD 6.50% p.a.

Interest rates as of 31 August 2023

SBI Fixed Deposit Interest Rates

SBI Fixed Deposit Interest Rates on Domestic Deposits of less than Rs 2 crore w.e.f. 15 February 2023

Tenors Interest Rates (p.a.)
General Public Senior Citizens
7 days to 45 days 3.00% 3.50%
46 days to 179 days 4.50% 5.00%
180 days to 210 days 5.25% 5.75%
211 days to less than 1 year 5.75% 6.25%
1 year to less than 2 year 6.80% 7.30%
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 6.50% 7.50%*
400 days (Amrit Kalash) 7.10% 7.60%

*Including additional premium of 50 bps under “SBI Wecare” deposit scheme.

Note: SBI has introduced a tenor specific term deposit scheme (Amrit Kalash) for domestic and NRI customers. Under this scheme, SBI offers special FD interest rates at 7.10% p.a. to the general public and 7.60% p.a. to senior citizens for the tenure of 400 days. The validity of the said scheme is till 31 December 2023.

SBI Fixed Deposit Rates for Senior Citizens

SBI FD rates for senior citizens are 50 bps higher than the SBI Fixed Deposit rates offered to other depositors (as already mentioned in the table). The additional interest of 0.50% p.a. is offered only to resident senior citizen depositors. NRE and NRO depositors are not eligible for this interest premium. The bank also offers SBI Wecare Deposit Scheme for Senior Citizens, wherein the eligible depositors get an additional premium of 50 bps over & above the existing 50 bps paid to senior citizens. However, this scheme is available only for FD tenure of ‘5 Years and above‘. The scheme is available on fresh deposit as well as renewal of maturing deposits.

SBI Wecare Fixed Deposit Interest Rates for Senior Citizens

Tenors Interest Rates (p.a.)
5 years 7.50%
10 years 7.50%

SBI Tax Saver Deposit (SBI Tax Savings Scheme, 2006)

Tenure Interest Rates (p.a.)
Regular Customers Senior Citizens
5 – 10 years 6.50% 7.50%

SBI FD Rates on Domestic Bulk Term Deposit of Rs. 2 Crore and above w.e.f. 15 February 2023

Tenors Interest Rates (p.a.)
General Public Senior Citizens
7 days to 45 days 4.75% 5.25%
46 days to 179 days 5.50% 6.00%
180 days to 210 days 6.00% 6.50%
211 days to less than 1 year 6.25% 6.75%
1 year to less than 2 years 6.75% 7.25%
2 years to less than 3 years 6.50% 7.00%
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 on ‘Sarvottam’ (Non-Callable) Domestic Retail Term Deposits of Rs. 15.01 Lakhs to less than Rs 2 Crores w.e.f. 17 February 2023

Tenures Interest Rates (p.a.)
General Public Senior Citizens
1 year 7.10% 7.60%
2 years 7.40% 7.90%

SBI FD Interest Rates on ‘Sarvottam’ (Non-Callable) Domestic Bulk Term Deposit of Rs. 2 Crores to less than Rs 5 Crores w.e.f. 17 February 2023

Tenures Interest Rates (p.a.)
General Public Senior Citizens
1 year 7.05% 7.55%
2 years 6.90% 7.40%

SBI Fixed Deposit Interest Rates – NRIs

SBI NRE FD Interest Rates w.e.f. 15 February 2023

Tenure Interest Rates(p.a.)
Below Rs. 2 Crore Rs. 2 Crore & Above
1 year to less than 2 years 6.80% 6.75%
400 Days (Amrit Kalash) 7.10%
2 years to less than 3 years 7.00% 6.50%
3 years to less than 5 years 6.50% 6.00%
5 years to 10 years 6.50% 6.00%

SBI FD Rates for Non-Residential Ordinary (NRO) FD Account w.e.f. 15 February 2023

Tenure Interest Rates (p.a.)
Deposits below Rs. 2 crore Deposits of Rs. 2 crore & above
7 days to 45 days 3.00% 4.75%
46 days to 179 days 4.50% 5.50%
180 days to 210 days 5.25% 6.00%
211 days to less than 1 year 5.75% 6.25%
1 year to less than 2 years 6.80% 6.75%
400 Days (Amrit Kalash) 7.10%
2 years to less than 3 years 7.00% 6.50%
3 years to less than 5 years 6.50% 6.00%
5 years and up to 10 years 6.50% 6.00%

SBI FCNR(B) Deposit Interest Rates w.e.f. 10 August 2023

Period Interest Rates (p.a.)
USD GBP Euro CAD AUD JPY
1 year 5.60 4.75 1.50 4.50 3.60 0.02
Above 1 year to less than 2 years 5.60 4.75 1.50 4.50 3.60 0.02
2 years to less than 3 years 4.30 2.35 1.50 4.10 3.50 0.05
3 years to less than 4 years 4.05 2.45 1.50 3.85 3.00 0.05
4 years to less than 5 years 4.10 2.45 1.50 3.90 3.00 0.05
5 years 4.15 2.45 1.50 3.95 3.00 0.05

bureau meter

SBI RFC FD Rates w.e.f. 10 August 2023

Period Interest Rates (p.a.)
USD GBP Euro
1 year to less than 2 years 5.60 4.75 1.50
2 years to less than 3 years 4.30 2.35 1.50
3 years 4.05 2.45 1.50

#State Bank of Mysore FD Interest Rates #State Bank of Mysore FDR Interest Rates #State Bank of Mysore Fixed Deposit Rates #FD Interest Rates of State Bank of Mysore   #Latest State Bank of Mysore FD Interest Rates
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