Money Lobang

SBI Fixed Deposit

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Rating: 3 Stars3.6/5.0 (26 Reviews)
Interest RateUp to 2.25% Attribute
Min. Deposit $5,000 Attribute

Last updated on 2024-11-12

SBI Fixed Deposit Review

Pros Pros

No fd promo rates

Cons Cons

Slow and inefficient service at branches

Foreign Bank with few branches

Deposit Details State Bank of India Fixed Deposit Interest Rates

  6 mths 12 mths 24 mths
$5k to <$1m 2.25% p.a. 2.00% p.a. 1.50% p.a.

 

Earn 1.50% interest p.a. for a 24 months tenure

Earn 1.50% interest p.a. for a 18 months tenure

Earn 2.00% interest p.a. for a 12 months tenure

Earn 2.25% interest p.a. for a 6 months tenure

The minimum deposit amount per individual or per joint account with the same individuals is SGD 5,000

Multiple deposits can be placed by the customer as long as the maximum amount per individual or per CIF is $1,000,000

Unless otherwise instructed in writing at least three working days prior to the maturity date of the deposit, the term deposit will be renewed automatically on maturity for the same period as the original deposit at the SBI Prevailing Term Deposit Board Rate of interest at the time of renewal.

 

Click here to go to State Bank of India website for more details

 

Deposits Historical Data Logo State Bank of India Fixed Deposit Rates Historical Chart

State Bank of India Fixed Deposit Rates Historical Chart

* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $100,000 and 3 to 18 months tenure

 

State Bank of India current highest fixed deposit rate is 2.25% p.a. for 6 months tenure with minimum deposit of $5,000.

The current highest fixed deposit rate is a State Bank of India board rate

The current Money Lobang National Average Fixed Deposit Rates for November 2024 is 2.74% p.a.

The average monthly highest fixed deposit rate for State Bank of India since 2018 is 1.90% p.a.

State Bank of India last ran a fixed deposit promotional campaign in Nov 2024

 

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26 Reviews
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Rating:
3.6/5.0 (26)
3.6/5.0 (26)
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SBI Fixed Deposit Review

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