Nov 23 2009

SBI Reduced Term Deposit Interest Rates

SBI Reduced Term Deposit Interest Rates

SBI has reduced the term deposits interest rates effective from 9th November, 2009. The difference from the previous rates are varied from 0.25% – 0.50%.

Interest Rates for Deposits below Rs. One Crore

(% p.a.)

Tenors

Existing w.e.f. 05.10.2009 (% p.a.)

Revised w.e.f. 09.11.2009 (% p.a.)

15 days to 45 days

2.75

15 days to 45 days

2.50

46 days to 90 days

3.75

46 days to 90 days

3.50

91 days to 180 days

5.00

91 days to 180 days

4.75

181 days to less than 1 year

5.75

181 days to less than 1 year

5.25

1 year to less than 2 years

6.25

1 year to less than 2 years

6.00

2 year to less than 3 years

6.75

2 year to less than 3

6.50

3 year to less than 5 years

7.00

3 year to less than 5 years

6.50

5 years to less than 8 years

7.25

5 years to less than 8 years

7.25

8 years and up to 10 years

7.50

8 years and up to 10 years

7.50

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