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Fixed & recurring deposits

Advantage (B) Deposit

catalogue still lists Advantage (B), but its former page stated availability through 30 September 2026 and the detail route now returns 404; current post-expiry availability and rates are unconfirmed.

Senior-citizen rateNot applicable: the reviewed NRI/foreign-currency deposit terms publish currency- and tenor-based rates and do not provide a separate senior-citizen uplift or rate band.
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Quick eligibility check

Advantage (B) Deposit

0 of 4 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: The product uses the standard FCNR(B) account-opening form and underlying FCNR(B) requirements?

2Are you this type of customer: A one-year customer undertaking forms part of the published lock-in condition?

3Do you meet this requirement: The official page states a scheme end date of 30 September 2026, so availability must be rechecked after that date?

4Document checkDo you have this required document or proof: Customer letter of undertaking for the one-year lock-in?

0 of 4 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 8 Oct 2026 · active
Offered byState Bank of India

banking in India, subject to (B), funding and requirements; published scheme availability ends 30 September 2026

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Senior-citizen rateNot applicable: the reviewed NRI/foreign-currency deposit terms publish currency- and tenor-based rates and do not provide a separate senior-citizen uplift or rate band.View source
The complete rate tables list currency and tenor bands only; no senior-citizen rate or premium is published.
Source
Services — deposit interest rates
Page / section
Currency and tenor rate table
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Current catalogue and offer statusSBI's NRI account index still lists Advantage FCNR(B) on 8 October 2026. The formerly reviewed detail page stated availability through 30 September 2026 and its current route returns 404. Whether SBI continues to accept deposits or has extended/replaced the scheme is unconfirmed.Effective 30 Sept 2026View source
The current index still names the scheme, but the old detail page's stated offer period ended 30 September and the link now returns 404. Neither a current offer nor discontinuation is inferred.
Source
Accounts index and formerly reviewed Advantage (B) page
Page / section
Advantage (B) listing; More Information route; previously captured scheme end-date statement
Accessed
8 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • Rates increase across the published longer-tenor and higher-balance tiers
  • Loan or overdraft treatment follows (B) deposit norms
  • Uses the existing (B) account-opening form

Eligibility

  • The product uses the standard (B) account-opening form and underlying (B) requirements.
  • A one-year customer undertaking forms part of the published lock-in condition.
  • The official page states a scheme end date of 30 September 2026, so availability must be rechecked after that date.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Customer letter of undertaking for the one-year lock-in

Related official documents

SBI Advantage FCNR(B) Scheme — formerly reviewed product pageofficial-product-page-historical-snapshot · historical-terms-retained-current-route-404 · accessed 8 Oct 2026
↗
SBI Advantage FCNR(B) Schemeofficial-product-rate-table · current · accessed 11 Aug 2026
↗
SBI NRI Accounts — official catalogue indexofficial-product-catalogue · current-catalogue-listing-reviewed · accessed 8 Oct 2026
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Plan before applying

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Deposit maturity estimate

See how much the deposit may be worth at the end. You can change the bank's published rate to test another case.

Money at maturity₹1,38,042one lakh thirty-eight thousand forty-two rupees
Money you put in₹1,00,000one lakh rupees
Interest earned₹38,042thirty-eight thousand forty-two rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Offer period · Last captured published valueAvailable through 30 September 2026

This value is copied from Advantage (B) — previously published terms (historical). Check the table notes before relying on it.

Source: Advantage (B) Scheme — previously reviewed official page · Historical features, rates and withdrawal terms; previously captured page stated offer period through 30 September 2026 Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 3 columnsSBI Advantage FCNR(B) — previously published terms (historical)Former official product-page terms. The old page stated availability only through 30 September 2026; the current detail route returns 404 and the NRI index still lists the scheme.View tableHide table

Scroll sideways to view every column

SBI Advantage FCNR(B) — previously published terms (historical)
TermLast captured published valueCurrent status
Offer periodAvailable through 30 September 2026Past end date; current continuation unconfirmed.
Tenor3 years through 5 yearsHistorical scheme term only.
Minimum depositUSD 5,000; additional amounts in multiples of USD 1,000Historical scheme term only.
Lock-in1 year with customer letter of undertakingHistorical scheme term only.
rate: 3 years to less than 4 yearsUp to USD 1 million: 5.25%; above USD 1 million: 5.50% p.a.Not a current rate.
rate: 4 years to less than 5 yearsUp to USD 1 million: 5.50%; above USD 1 million: 5.75% p.a.Not a current rate.
rate: 5 yearsUp to USD 1 million: 5.75%; above USD 1 million: 6.00% p.a.Not a current rate.
Premature withdrawalNot permitted during year 1; after one year, the prior page stated 3.50% for the run period before 3 years, and 1 percentage point below the applicable run-period rate from 3 to under 5 years.Historical scheme rule only; current terms unconfirmed.
Loan/overdraftPrior page said borrowing may be available under (B)-deposit loan norms.Historical scheme statement; no current Advantage-specific facility confirmed.
  • Captured during an earlier review of the official scheme page on 11 August 2026. Follow-up on 8 October 2026 found the More Information route returns 404.
  • current accounts index lists Advantage (B), but an index card is not proof that applications or the historical terms remain current. Do not use this table as a current comparison quote.
Advantage (B) Scheme — previously reviewed official page · Historical features, rates and withdrawal terms; previously captured page stated offer period through 30 September 2026 · effective 30 Sept 2026 · accessed 8 Oct 2026Open official source ↗
Table 2 · 3 rows · 3 columnsSBI deposit products — senior-citizen rate treatmentDistinct senior rate where published; otherwise the source-backed non-applicable treatment.View tableHide table

Scroll sideways to view every column

SBI deposit products — senior-citizen rate treatment
Product groupPublished treatmentEvidence
Senior Citizens' Savings Scheme8.20% p.a. for 1 July–30 September 2026Government-notified scheme rate
/// non-callable productsNo separate senior-citizen rate publishedCurrency/tenor pricing table
Capital Gains, Gold Monetisation, , Sukanya, tax-saver and Student No separate senior-citizen rate publishedScheme/programme terms
  • No senior premium is inferred where the issuer does not publish one.
deposit and rate routes · Applicable product rate tables · accessed 29 Aug 2026Open official source ↗

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