SBI FD Rates: The country’s largest government bank SBI has shocked customers. SBI has reduced interest on its short -term FD. State Bank of India (SBI) has reduced the interest rates of some short -term fixed deposits (FD) by 15 basis points i.e. 0.15% since 15 July 2025. The new rates have been implemented from today.
Which FD reduced interest
SBI has reduced interest rates on three low period FD. This deduction is applicable to both General Citizens and Senior Citizens. The first interest rate on FDs of 46 days to 179 days for general citizens was 5.05%, now it has come down to 4.90%. At the same time, the FD of 180 days to 210 days earlier was 5.80% interest which has been reduced to 5.65%. Apart from this, interest on FDs of less than 1 year from 211 days has been increased from 6.05% to 5.90%.
What are the new FD interest rates?
SBI is now offering interest rates ranging from 3.05% to 6.45% to ordinary citizens, which applies to FDs from 7 days to 10 years. At the same time, senior citizens are getting interest from 3.55% to 7.05% including SBI WeCare Scheme. If you are thinking of investing in FD, then keep the right option keeping in mind the new rates.
State Bank of India Latest Interest Rate on FD
7 days to 45 days: for general public – 3.05 percent; For Senior Citizen – 3.55 percent
46 days to 179 days: for general public – 4.90 percent; For Senior Citizen – 5.40 percent
180 days to 210 days: for general public – 5.65 percent; For Senior Citizen – 6.15 percent
211 days to 1 year: for general public – 5.90 percent; For Senior Citizen – 6.40 percent
Less than 1 year to 2 years: for general public – 6.25 percent; For Senior Citizen – 6.75 percent
Less than 2 years to 3 years: for general public – 6.45 percent; For Senior Citizen – 6.95 percent
Less than 3 years to 5 years: For general public – 6.30 percent; For Senior Citizen – 6.80 percent
From 5 years to 10 years: for general public – 6.05 percent; For Senior Citizen – 7.05 percent. (Senior citizens get 0.50 % interest extra under SBI WeCare scheme.)