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Jan 9, 2010

India SBI Bank Fixed Term Deposits

India SBI Bank Fixed Term Deposits INDIA

What are the interest rates of India SBI Bank Fixed Term Deposits for depositors who have Rs One Crore to spare for investment?

This question will be answered in this January 2010 day at India Fixed Deposit Rates. The latest and best India SBI Bank Fixed Term Deposits will be reviewed for our readers.

These India SBI Bank Fixed Term Deposits rates apply to deposits by residents in India. Note that fixed deposit rates may change at any time without giving any notice.

You should re-confirm the India SBI Bank fixed term deposit rates with bank staff before using the data for investing cash, investing money or investing in other financial investments.

All rates provided in India fixed deposit rates are meant for your interest and information only, not for investing purposes.

Here are the SBI Bank fixed term deposit rates.

Revised SBI bank interest rates on Domestic Term Deposits of Rs One Crore & above with effect from 15.06.2009 would be as under:

SBI Bank Interest Rates for Deposits of Rs. One Crore & Above (% p.a.)

Tenors | Rates w.e.f. 13.05.2009 | Revised w.e.f. 15.06.2009

7 days to 14 days= 1.5 / 1.5
15 days to 30 days= 2 / 2
31 days to 45days= 2.25 / 2.25
46 days to 90 days= 2.5 / 2.5
91 days to 180 days= 3 / 3
181 days to 270 days= 4 / 4
271 days to less than 1 year= 5 / 4.5
1 year and above= 5.5 / 5

No differential (higher) rates of interest shall be paid for these deposits.


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