Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Age and customer eligibilityIndividuals, including SBI staff, who have attained age 80 or above; the scheme is presented for resident super-senior citizensView source
anchors the super-senior definition to resident individuals aged 80 or more and expressly includes eligible staff.
- Source
- Patrons
- Page / section
- Scheme introduction and Salient Features row 2
- Accessed
- 12 Aug 2026
- Confidence
- high
Joint-account conditionSingle or joint holding is allowed; for a joint deposit, the primary account holder must be at least 80View source
A younger primary holder does not qualify merely because another joint holder is 80 or above.
- Source
- Patrons
- Page / section
- Salient Features rows 2 and 6
- Accessed
- 12 Aug 2026
- Confidence
- high
Existing term depositsExisting eligible term-deposit customers, including SBI staff, receive the additional interest after attaining age 80 from the scheme launch, based automatically on the date of birth recorded in SBI's core systemView source
The page says no customer action is needed, but the automated benefit depends on the correct date of birth being present in record.
- Source
- Patrons
- Page / section
- Salient Features row 2
- Accessed
- 12 Aug 2026
- Confidence
- high
Eligible deposit typeCallable TDR or STDR onlyView source
Non-callable deposits are expressly outside the scheme.
- Source
- Patrons
- Page / section
- Salient Features row 3
- Accessed
- 12 Aug 2026
- Confidence
- high
Deposit amountMinimum ₹1,000 and maximum below ₹3 croreView source
The benefit is limited to retail-depositor threshold; ₹3 crore itself is not included.
- Source
- Patrons
- Page / section
- Salient Features rows 2 and 4
- Accessed
- 12 Aug 2026
- Confidence
- high
Deposit period7 days to 10 yearsView source
The full callable retail term-deposit tenor range is available, subject to the exclusion list.
- Source
- Patrons
- Page / section
- Salient Features row 5
- Accessed
- 12 Aug 2026
- Confidence
- high
Patrons interest premium10 basis points above the card rate applicable to senior citizensEffective 15 Dec 2025View source
Both the product page and current retail rate page state the same 10-basis-point increment.
- Source
- Retail Domestic Term Deposit Rates
- Page / section
- Patrons note below the retail deposit tables
- Accessed
- 12 Aug 2026
- Confidence
- high
Current published Patrons rates3.65% for 7-45 days; 5.50% for 46-179 days; 6.25% for 180-210 days; 6.50% for 211 days to under 1 year; 6.85% for 1 to under 2 years; 7.00% for 2 to under 3 years; 6.90% for 3 to under 5 years; 7.15% for 5 to 10 yearsEffective 15 Dec 2025View source
Rates are calculated directly by adding the published 0.10 percentage-point Patrons premium to each current senior-citizen card-rate row. last updated the page on 16 June 2026; staff-specific rates are not inferred here.
- Source
- Retail Domestic Term Deposit Rates
- Page / section
- Senior-citizen card-rate rows plus Patrons 10-basis-point note
- Accessed
- 12 Aug 2026
- Confidence
- high
Deposits excluded from PatronsRecurring deposits, Green Rupee Term Deposits, SBI Tax Savings Scheme 2006, MODS, Capgain Scheme and non-callable term depositsEffective 15 Dec 2025View source
The additional 10-basis-point benefit must not be projected onto any of these excluded products.
- Source
- Retail Domestic Term Deposit Rates
- Page / section
- Patrons note below the retail deposit tables
- Accessed
- 12 Aug 2026
- Confidence
- high
Premature withdrawalAvailable, subject to the penal clause applicable to a normal SBI term depositView source
The reviewed Patrons page does not state the numeric premature-withdrawal penalty, so the current normal-term-deposit penalty must be confirmed before closure.
- Source
- Patrons
- Page / section
- Salient Features row 7
- Accessed
- 12 Aug 2026
- Confidence
- high
Senior-citizen rateFor retail deposits below ₹3 crore, the senior-citizen rate is 3.55% 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, and 7.05% for 5 to 10 years. Rates are effective 15 December 2025; the 5–10-year rate includes the 50-basis-point SBI We-care premium.Effective 15 Dec 2025View source
The issuer publishes separate revised senior-citizen rows for each tenor and notes that We-care adds 50 bps to the 5–10-year rate.
- Source
- Retail Domestic Term Deposits - Interest Rates
- Page / section
- Revision in Interest Rates on Retail Domestic Term Deposits (Below ₹3 crore)
- Accessed
- 28 Aug 2026
- Confidence
- high
Interest payoutSBI Patrons is offered as callable TDR or STDR. TDR payout choices follow SBI's term-deposit rules (quarterly by default, with monthly, half-yearly or yearly payment available for eligible longer tenors); STDR interest is paid with principal at maturity.Effective 1 Dec 2025View source
Patrons' product page specifies callable /; official Term Deposit page specifies payout intervals and maturity payout.
- Source
- Fixed Deposit — official payout rules applied to Patrons /
- Page / section
- Features and Most important Terms and Conditions — Interest payout
- Accessed
- 29 Aug 2026
- Confidence
- high
Minimum depositCallable TDR and STDR choices from seven days to ten yearsView source
The manually reviewed product record states: “Callable and choices from seven days to ten years”.
- Source
- Patrons Term Deposit — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Benefits and features
- Automatic 10-basis-point premium over the applicable senior-citizen card rate
- Callable and choices from seven days to ten years
- Existing eligible deposits receive the benefit automatically from recorded date-of-birth data
- Single or joint operation with an eligible primary holder
Eligibility
- The customer, or primary holder for a joint deposit, must have attained age 80.
- The benefit is restricted to retail principal below ₹3 crore.
- The scheme is callable only and does not apply to the six explicitly excluded deposit families.
- Existing-deposit automation depends on the correct date of birth in core banking system.
- The reviewed product page does not publish a dedicated checklist, online application link or numeric premature-withdrawal penalty.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- , age and account-opening documents requested by ; the reviewed Patrons page does not publish a dedicated checklist
Related official documents
SBI Retail Domestic Term Deposit Ratesofficial-rate-table · current · accessed 12 Aug 2026
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