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 structureTerm-deposit reinvestment variant with interest added to principal and paid at maturityView source
Unlike a regular interest-payout term deposit, no periodic interest distribution is described during the term.
- Source
- Special Term Deposit
- Page / section
- Product introduction
- Accessed
- 12 Aug 2026
- Confidence
- high
Eligible depositorsResident individuals singly or jointly, minors personally or through a guardian, HUF kartas, firms, companies, local bodies and government departmentsView source
Non-resident customers are not included in the eligibility list on the reviewed page.
- Source
- Special Term Deposit
- Page / section
- Eligibility
- Accessed
- 12 Aug 2026
- Confidence
- high
Deposit period6 months to 10 yearsView source
The product begins at six months, unlike Fixed Deposit's seven-day minimum.
- Source
- Special Term Deposit
- Page / section
- Features — period of deposit
- Accessed
- 12 Aug 2026
- Confidence
- high
Deposit amountMinimum ₹1,000; no published maximum; ₹3 crore or more is treated as a bulk depositView source
The ₹3 crore boundary determines whether the retail or bulk rate table applies.
- Source
- Special Term Deposit
- Page / section
- Features — deposit amount
- Accessed
- 12 Aug 2026
- Confidence
- high
Retail public rates below ₹3 crore5.65% 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 2025View source
The six-month minimum maps to the 180-day row; the exact rate depends on tenor and booking date.
- Source
- Retail Domestic Term Deposit Rates
- Page / section
- Below ₹3 crore — Public rows overlapping the six-month-to-ten-year tenure
- Accessed
- 12 Aug 2026
- Confidence
- high
Retail senior-citizen rates below ₹3 crore6.15% 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 2025View source
The 7.05% five-to-ten-year rate includes We-care and remains subject to current eligibility rules.
- Source
- Retail Domestic Term Deposit Rates
- Page / section
- Below ₹3 crore — Senior Citizen rows overlapping the six-month-to-ten-year tenure
- Accessed
- 12 Aug 2026
- Confidence
- high
Bulk public rates from ₹3 crore5.60% 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 2026View source
The bulk table applies to fresh deposits and renewals from the published effective date.
- Source
- Domestic Bulk Term Deposit Rates
- Page / section
- ₹3 crore and above — Public rows overlapping the six-month-to-ten-year tenure
- Accessed
- 12 Aug 2026
- Confidence
- high
Bulk senior-citizen rates from ₹3 crore6.10% 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 2026View source
Customer eligibility and the applicable booking date determine whether the senior-citizen column applies.
- Source
- Domestic Bulk Term Deposit Rates
- Page / section
- ₹3 crore and above — Senior Citizen rows overlapping the six-month-to-ten-year tenure
- Accessed
- 12 Aug 2026
- Confidence
- high
Interest treatmentCompounded quarterly, added to principal and paid at the end of the termView source
The page describes no regular interest payout during the deposit period.
- Source
- Special Term Deposit
- Page / section
- Introduction and Features — interest
- Accessed
- 12 Aug 2026
- Confidence
- high
Retail premature-withdrawal penalty0.50% for principal up to ₹5 lakh and 1% above ₹5 lakh, for all tenors; no interest if held under 7 daysView source
The payable rate is the lower of the elapsed-period or contracted rate after the applicable 0.50% or 1% reduction. Bulk deposits separately follow the current bulk table's 1% penalty rule.
- Source
- Special Term Deposit
- Page / section
- Terms And Conditions — premature closure
- Accessed
- 12 Aug 2026
- Confidence
- high
Loan against depositAllowed with 5% margin up to 36 months residual tenor, 10% over 36 through 60 months and 15% above 60 monthsView source
The table labels these margins for public deposits; loan approval and other terms remain subject to rules.
- Source
- Special Term Deposit
- Page / section
- Features — Loan against deposit
- Accessed
- 12 Aug 2026
- Confidence
- high
NominationAvailable in favour of an individual onlyView source
The page states the nominee category but does not publish a dedicated form or full rules.
- Source
- Special Term Deposit
- Page / section
- Features — Nomination
- Accessed
- 12 Aug 2026
- Confidence
- high
Cash-payment restrictionMaturity principal plus interest of ₹20,000 or more is not paid in cashView source
The ₹20,000 threshold applies to the combined deposit and interest amount.
- Source
- Special Term Deposit
- Page / section
- Features — maturity payment
- Accessed
- 12 Aug 2026
- Confidence
- high
Branch transferTransferable among SBI branchesView source
The statement covers transfer within , not movement to another bank.
- Source
- Special Term Deposit
- Page / section
- Features — Transferability
- Accessed
- 12 Aug 2026
- Confidence
- high
Tax deduction at sourceTDS applies under Income Tax rules; eligible depositors may submit Form 15G or 15H under applicable rulesView source
No fixed rate or threshold is inferred from the product page.
- Source
- Special Term Deposit
- Page / section
- Features —
- 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 / redemptionInterest is paid only at maturity; customers needing periodic income should compare the standard Fixed Deposit instead.View source
The manually reviewed product record states: “Interest is paid only at maturity; customers needing periodic income should compare the standard Fixed Deposit instead.”.
- Source
- Special Term Deposit — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Minimum depositRates depend on amount, tenor, customer category and booking date; deposits from ₹3 crore use the bulk table.View source
The manually reviewed product record states: “Rates depend on amount, tenor, customer category and booking date; deposits from ₹3 crore use the bulk table.”.
- Source
- Special Term Deposit — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Benefits and features
- Quarterly-compounded interest reinvested until maturity
- Six-month to ten-year tenure range
- Broad resident individual and institutional eligibility
- Premature closure with a published retail penalty schedule
- Deposit-backed loan and within- transfer facilities
Eligibility
- The reviewed page lists resident individuals, minors, kartas, firms, companies, local bodies and government departments.
- Interest is paid only at maturity; customers needing periodic income should compare the standard Fixed Deposit instead.
- Rates depend on amount, tenor, customer category and booking date; deposits from ₹3 crore use the bulk table.
- The unrelated home-loan widget embedded on the page is excluded from the deposit record.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- and deposit-opening documents applicable to the depositor category under current rules; the page does not publish a dedicated checklist
Related official documents
SBI Domestic Bulk Term Deposit Ratesofficial-rate-table · current · accessed 12 Aug 2026
↗SBI Retail Domestic Term Deposit Ratesofficial-rate-table · current · accessed 12 Aug 2026
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