Domestic Bulk Term Deposits

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Domestic Term Deposit Interest Rates

Interest Rates on Domestic Bulk Term Deposits (Rs. 2 Crores and above)

Revision in Interest Rates on Domestic Bulk Term Deposits (Rs. 2 Crores and above) W.E.F. 15.02.2023

The revised Interest rates on 'Domestic Bulk Term deposits (Rs.2 Crore and above) will be as per following table:

(Rates in % p.a)

	General Public		Senior Citizen
Tenors	Rates w.e.f. 15/02/2023	Annualised Yield#	Rates w.e.f. 15/02/2023	Annualised Yield#
7 days to 45 days	4.75	4.75	5.25	5.25
46 days to 179 days	5.50	5.50	6.00	6.00
180 days to 210 days	6.00	6.14	6.50	6.66
211 days to less than 1 year	6.25	6.40	6.75	6.92
1 Year to less than 2 years	6.75	6.92	7.25	7.45
2 years to less than 3 years	6.50	6.66	7.00	7.19
3 years to less than 5 years	6.00	6.14	6.50	6.66
5 years and up to 10 years	6.00	6.14	6.50	6.66

# Compounded Quarterly

Premature payment of Bulk term deposits:

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

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Domestic Bulk Term Deposits - Interest Rates