State Bank of India

SBI Interest Rates

The State Bank of India or SBI is a major state owned bank which was established back in 1806.  While it has a large presence in India , it also has 82 foreign offices in 32 countries around the world.

It provides banking and financial services products and services to Indian individual customers, NRI customers, agriculture and SME businesses as well as corporations.

It services it customers through its large network across India including SBI's  21,000 ATMs, 10,000  SBI bank branches and 5,100 associate bank branches. They also engaged electronic self service channels such as Internet banking and mobile banking.

SBI offers a wide range of savings and deposit account products to assist their customers to save including term deposit accounts (also called a fixed deposit account), a recurring deposit accounts or a savings bank accounts.

Source: http://www.statebankofindia.com



Interest Rates

Account Details APY Currency Update Website
SBI 1 Year Fixed Deposit 8.25% INR Updated
Feb, 2014
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SBI 3 Month Fixed Deposit 7.75% INR Updated
Feb, 2014
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SBI 6 Month Fixed Deposit 7.75% INR Updated
Feb, 2014
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Personal Banking

  • Basic Bank Current Account
  • Savings Accounts
  • Deposit Accounts
  • Loans (Car
  • Educational
  • Pensioners)
  • Mortgages

Individual Investments

  • Savings Account
  • Term Deposits
  • Recurring Deposits
  • Annuity Deposit
  • Flexi Deposit
  • Senior Citizen Term Deposits

Business Banking

  • Business Bank Account
  • Working Capital
  • Term Loans
  • Standby Credit
  • Supply Chain Finance
  • Business Deposits/Savings Products
  • POS Accounts
  • Overdraft Accounts

Corporate Banking

  • Corporate Bank Accounts
  • Project Finance
  • Lease Finance
  • Corporate Loans
  • Deferred Payment Guarantees for capital equipments
  • Term Loans
  • Working Capital
  • Cash Management

Business Investments

  • Sweep Accounts
  • Unfixed Deposit
  • Fixed Deposit

Other india Banks

Bank Name Number of Branches
HDFC BankHDFC Bank2564 (+7436)
HSBC IndiaHSBC India50 (+9950)
Citibank IndiaCitibank India42 (+9958)
Bharatiya Mahila BankBharatiya Mahila Bank23 (+9977)
Bank of IndiaBank of India4,545 (+9996)