The revised Interest rates on 'Domestic Bulk Term deposits (Rs.2 Crore and above) will be as per following table:
(Rates in % p.a)
# Compounded Quarterly
Premature penalty for Bulk Term Deposits for all tenors will be 1%. It will be applicable for all new deposits including renewals.
Sarvottam (Non-Callable) Domestic Bulk Term Deposits(₹2 crores & above) (Pre-Mature Payment not allowed):
• 30 bps over card rate for tenor 1 year
• 40 bps over card rate for tenor 2 years
Other Term and conditions as applicable
Link for details:https://bank.sbi/web/interest-rates/sarvottam-domestic-term-deposit
Last Updated On : Wednesday, 26-04-2023
less than Rs.10 Cr. w.e.f 15.10.22
Rs.10 Cr. and above w.e.f 15.10.22
*T & C Apply
Balance below Rs. 10 crs
Balance Rs. 10 crores and above
2 years to less than 3 year
5 years and up to 10 years
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