Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Deposit amountMinimum ₹1,000; no published maximum; deposits of ₹3 crore or more are classified as bulk deposits
Source 1Deposit period7 days to 10 years
Source 2Retail public rates below ₹3 crore3.05% for 7-45 days; 4.90% for 46-179 days; 5.65% for 180-210 days; 5.90% for 211 days to under 1 year; 6.25% for 1 to under 2 years; 6.40% for 2 to under 3 years; 6.30% for 3 to under 5 years; 6.05% for 5 to 10 yearsEffective 15 Dec 2025
Source 3Retail senior-citizen rates below ₹3 crore3.55% for 7-45 days; 5.40% for 46-179 days; 6.15% for 180-210 days; 6.40% for 211 days to under 1 year; 6.75% for 1 to under 2 years; 6.90% for 2 to under 3 years; 6.80% for 3 to under 5 years; 7.05% for 5 to 10 yearsEffective 15 Dec 2025
Source 4Bulk public rates from ₹3 crore4.50% for 7-14 days; 5.00% for 15-45 days; 5.10% for 46-179 days; 5.60% for 180-210 days; 5.60% for 211 days to under 1 year; 6.25% for 1 to under 2 years; 6.15% for 2 to under 3 years; 6.00% for 3 to under 5 years; 6.00% for 5 to 10 yearsEffective 15 May 2026
Source 5Bulk senior-citizen rates from ₹3 crore5.00% for 7-14 days; 5.50% for 15-45 days; 5.60% for 46-179 days; 6.10% for 180-210 days; 6.10% for 211 days to under 1 year; 6.75% for 1 to under 2 years; 6.65% for 2 to under 3 years; 6.50% for 3 to under 5 years; 6.50% for 5 to 10 yearsEffective 15 May 2026
Source 6Interest payoutQuarterly from issue or at maturity with principal; for deposits of 12 months or more, monthly, half-yearly or yearly payout may be requested
Source 7Premature withdrawalAvailable; for bulk deposits SBI publishes a 1% premature-payment penalty for all tenorsEffective 15 May 2026
Source 8Loan against depositAllowed; the page publishes a 10% margin for public deposits with residual tenor over 36 through 60 months and 15% above 60 months
Source 9NominationAvailable in favour of an individual only
Source 10Tax deduction at sourceTDS applies under Income Tax rules; Form 15G or 15H may be submitted for exemption where the applicable rules permit
Source 11Opening channelsOnlineSBI or any SBI branch
Source 12Branch transferTransferable among SBI branches
Source 13Benefits and features
- Seven-day to ten-year tenor range
- Choice of interest-payout intervals
- Premature-withdrawal liquidity
- Deposit-backed loan facility
- OnlineSBI and nationwide branch access
Eligibility
- The reviewed product page does not publish a detailed depositor-category or KYC-document list; SBI's current eligibility and KYC rules apply.
- Rates depend on deposit amount, tenor, customer category and booking date; deposits from ₹3 crore use the bulk table.
- The fixed-deposit page's generic promotional rate widget is stale; the separately reviewed official retail and bulk rate tables control the rates shown here.
- A numeric standard retail premature-withdrawal penalty was not published on the reviewed pages and should be confirmed before closure.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- KYC and deposit-opening documents applicable to the depositor under SBI's current rules; the fixed-deposit page does not publish a dedicated checklist