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 period12 to 120 monthsView source
The published range is one to ten years in monthly terms.
- Source
- Recurring Deposit
- Page / section
- Features — period of deposit
- Accessed
- 12 Aug 2026
- Confidence
- high
Monthly instalmentMinimum ₹100 per month, then in multiples of ₹10View source
The page does not publish a maximum monthly instalment.
- Source
- Recurring Deposit
- Page / section
- Features — minimum deposit
- Accessed
- 12 Aug 2026
- Confidence
- high
Current public rates6.25% 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 2025View source
The terms say public term-deposit rates apply. The exact rate depends on the selected tenor and booking date; the page's generic promotional widget is not used.
- Source
- Retail Domestic Term Deposit Rates
- Page / section
- Public term-deposit rows overlapping the 12-to-120-month tenor
- Accessed
- 12 Aug 2026
- Confidence
- high
Current senior-citizen rates6.75% 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 2025View source
The terms expressly extend the applicable senior-citizen term-deposit rate. The 7.05% five-to-ten-year row includes published We-care premium and remains subject to its eligibility rules.
- Source
- Retail Domestic Term Deposit Rates
- Page / section
- Senior Citizen term-deposit rows overlapping the 12-to-120-month tenor
- Accessed
- 12 Aug 2026
- Confidence
- high
Premature-closure penalty0.50% for principal up to ₹5 lakh and 1% above ₹5 lakh, for all tenors; no interest if the deposit remains for less than 7 daysView source
The payable rate is the rate applicable when opened for the period actually completed, reduced by the applicable 0.50% or 1% penalty.
- Source
- Recurring Deposit
- Page / section
- Premature Closer
- Accessed
- 12 Aug 2026
- Confidence
- high
Delayed-instalment penalty₹1.50 per ₹100 per month for tenors of 5 years or less; ₹2 per ₹100 per month for tenors over 5 yearsView source
says these rates may change and the applied penalty cannot exceed the interest paid to the depositor.
- Source
- Recurring Deposit
- Page / section
- Account in default
- Accessed
- 12 Aug 2026
- Confidence
- high
Closure after missed instalmentsThe account is prematurely closed if six consecutive instalments are not received, with the balance paid to the account holderView source
This is separate from the three-consecutive-instalment condition used for the maturity-date service charge.
- Source
- Recurring Deposit
- Page / section
- Features — account default
- Accessed
- 12 Aug 2026
- Confidence
- high
Unregularised-default service charge₹10 when an RD is paid on or after maturity with three or more consecutive instalments in default and the account was not regularisedView source
The condition requires both at least three consecutive missed instalments and failure to regularise before payout on or after maturity.
- Source
- Recurring Deposit
- Page / section
- Service Charge
- Accessed
- 12 Aug 2026
- Confidence
- high
Maturity instructionsCredit proceeds to a savings or current account, issue an IOI, or issue an STDRView source
also says it sends an requesting maturity-disposal instructions.
- Source
- Recurring Deposit
- Page / section
- Features — maturity instructions
- Accessed
- 12 Aug 2026
- Confidence
- high
Account facilitiesIndividual-only nomination, universal passbook, loan or overdraft against deposit, and transfer among SBI branchesView source
Loan or overdraft availability does not imply automatic approval; applicable credit terms still control.
- Source
- Recurring Deposit
- Page / section
- Terms and Condition
- 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 payout / redemptionDelayed instalments attract published penalties and six consecutive missed instalments trigger premature closure.View source
The manually reviewed product record states: “Delayed instalments attract published penalties and six consecutive missed instalments trigger premature closure.”.
- Source
- Recurring Deposit — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Minimum depositFixed monthly savings from ₹100View source
The manually reviewed product record states: “Fixed monthly savings from ₹100”.
- Source
- Recurring Deposit — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Benefits and features
- Fixed monthly savings from ₹100
- One-to-ten-year tenure choice
- Public and senior-citizen term-deposit rates
- Loan or overdraft facility against the deposit
- Multiple maturity-disposal options
Eligibility
- The reviewed page does not publish a detailed eligibility or checklist; current account-opening rules apply.
- Interest depends on the chosen tenor, customer category and booking date.
- Delayed instalments attract published penalties and six consecutive missed instalments trigger premature closure.
- The fixed-deposit promotional widget embedded on the page is stale; the separately reviewed official retail rate table controls the rates shown here.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- and deposit-opening documents applicable under current rules; the recurring-deposit 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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