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Fixed & recurring deposits

Non-Callable Term Deposit

A large-value term deposit offered only for one- or two-year tenors, with premature withdrawal generally unavailable.

Published interest rates1 year: 6.55% p.a. from ₹1.0001 crore to below ₹3 crore, or 6.25% p.a. from ₹3 crore; 2 years: 6.80% p.a. or 6.15% p.a. respectivelySenior-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.Available tenors1 year or 2 years only
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Quick eligibility check

Non-Callable Term Deposit

0 of 3 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.

1Are you this type of customer: This is an NRE product for eligible non-resident customers?

2Do you meet this requirement: The minimum placement is ₹1.0001 crore and only one- and two-year tenors are offered?

3Do you meet this requirement: Premature withdrawal is restricted to the limited cases stated by SBI and requires the relevant approval?

0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 11 Aug 2026 · active
Offered byState Bank of India

banking in India, subject to eligibility, funding and requirements

Key facts

What the official sources publish

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

Deposit typeNRE non-callable term depositView source
The official page identifies the product as an non-callable term deposit for customers.
Source
Non-Callable Term Deposit
Page / section
Features
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Available tenors1 year or 2 years onlyView source
The Features section limits the deposit period to one year and two years.
Source
Non-Callable Term Deposit
Page / section
Features — Period of Deposit
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Minimum deposit₹1.0001 crore (₹1 crore and ₹1,000)View source
publishes a minimum of Rs.1.0001 crore, clarified on the page as one crore and one thousand rupees.
Source
Non-Callable Term Deposit
Page / section
Features — Minimum Deposit
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Published interest rates1 year: 6.55% p.a. from ₹1.0001 crore to below ₹3 crore, or 6.25% p.a. from ₹3 crore; 2 years: 6.80% p.a. or 6.15% p.a. respectivelyEffective 15 May 2026View source
The table effective 15 May 2026 lists 6.55% and 6.25% for one year, and 6.80% and 6.15% for two years, across the two published deposit tiers.
Source
Non-Callable Term Deposit Interest Rates
Page / section
Non-Callable Term Deposit Interest Rates table
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Interest payoutTerm deposits: monthly, quarterly, half-yearly or yearly; special term deposits: on maturityView source
The Features section lists periodic payout choices for term deposits and maturity payout for special term deposits.
Source
Non-Callable Term Deposit
Page / section
Features — Payment of Interest
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Premature withdrawalGenerally unavailable; SBI lists limited exceptional cases requiring approval, with no interest payable if withdrawal is allowedView source
The page says premature withdrawal is not permitted except for deceased settlement, directions from specified authorities, or exceptional circumstances approved by branch controllers; no interest is paid when withdrawal occurs.
Source
Non-Callable Term Deposit
Page / section
Features — Premature Withdrawal
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Renewal at maturityRolled over into a normal callable NRE term deposit for the same tenorView source
The Features section states that the matured account rolls over to a normal callable term deposit for the same tenure.
Source
Non-Callable Term Deposit
Page / section
Features — Renewal on Maturity
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
Loan facilityDemand loan against the term deposit, with repayment aligned to the residual deposit periodView source
lists a demand loan against the deposit and aligns repayment with the residual period.
Source
Non-Callable Term Deposit
Page / section
Features — Loan Facility
Accessed
11 Aug 2026
Confidence
high
Open official source ↗
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 ↗

Benefits and features

  • Two published large-deposit tiers with separate one- and two-year rates
  • Multiple interest-payout frequencies for term deposits
  • Demand-loan facility against the deposit

Eligibility

  • This is an product for eligible non-resident customers.
  • The minimum placement is ₹1.0001 crore and only one- and two-year tenors are offered.
  • Premature withdrawal is restricted to the limited cases stated by and requires the relevant approval.

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

Related official documents

SBI NRE Non-Callable Term Deposit Interest Ratesofficial-rate-table · current · accessed 11 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

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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₹1,38,382one lakh thirty-eight thousand three hundred eighty-two rupees
Money you put in₹1,00,000one lakh rupees
Interest earned₹38,382thirty-eight thousand three hundred eighty-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.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Senior Citizens' Savings Scheme · Published treatment8.20% p.a. for 1 July–30 September 2026

This value is copied from deposit products — senior-citizen rate treatment. Check the table notes before relying on it.

Source: deposit and rate routes · Applicable product rate tables Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 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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