STATE BANK OF INDIA :: INDIA's LARGI
hup:/svww.statebankofindia.com/use
BANK Page 1 of 2
DOMESTIC TERM DEPOSITS
‘The revised interest rates for Domestic Term Deposits ‘Below Rupees One
Crore’ effective from the 07.12.2010 would be as under:
Tenors Existing Revised
wae.f. wee.
01.10.2010 07.12.
7 days to 14 days 3.00
15 days to 45 days 4.00 15 days to 45 days 4.50
46 days to 90 days 4.00 ‘46 days to 90 days 5.50
91 days to 180 days 5.50 ‘91 days to 180 days 6.00
181 days to less than 6.00 181 days to less than 7.25
year 1 year
T year to 554 days 7.00 year to 554 days 7.75
555 days 7.50 555 days 8.50
556 days to less than 7.25 556 days to less than 7.75
2 years, 2 years, oe
2 years to 999 days 7.50_. | 2years to 999 days 8.25
1000 days 775 1000 days 8.50
100idays to less than 1001days to less
3 years boon than 3 years 8:28
3 year to less than 5 7.25 3 year to less than 5 8.25
ears years
5 years to less than 8 7.50 5 years to less than 8 8.50
years __years
8 years and up to 10 775 8 years and up to 10, 8.75 ~
ears years
“Term deposits for maturity period of “7 days to 14 days” will also be accepted for
amounts of below Rs. One Crore.
“There shall be no premium in rate of interest for single domestic term deposit of
°Rs.15 lakhs but less than Rs.1 Crore’ of any maturity.
The revised rates of interest shall be made applicable to fresh deposits
and renewals of maturing deposits. The interest rates on “Capgains Plus",
mi schemes and NRO deposits shall be
aligned as per the revised rates for domestic term deposits. These rates of
interest shall also be made applicable to domestic term deposits from Cooperative
Banks
Premature Payment of Term Deposi
Interest to be paid on premature withdrawal of term deposits at 1.00% below the
rate applicable for the period deposit has remained with the Bank,
‘or 1.00% below the contracted rate, whichever is lower
Domestic Term Deposits of Rs One Crore & above
Term deposits will continue to be accepted for amounts of Rs. One Crore and above
at all the branches, and the ‘card’ rates w.e.f. 07.12.2010 are as below:
htm?action=print_section&lang-0&id-0,16,38... 18/12/2010STATE BANK OF INDIA =: INDIA's LARGEST BANK
Tenors Revised w.e.f.
07.12.2010
7 days to 14 days 6.25
15 days to 30 days 6.25
31 days to 4Sdays 6.50
46 days to 90 days 7.00
‘91 days to 180 days 7.25
181 days to 270 days 7.75.
271 days to less than 1 year 8.00
1 year to less than 2 years 8.50
2 years and above 8.00
The Differential Rates of Interest (DRI rates for higher amount of deposits) for the
day may be obtained from the DGM(SME) at the nearest Local Head Office through
the nearest branch
hitp://www.statebankofindia.com/user.htm?action-print_section&lang-O&id=0,16.38.... 18/12/2010