SBI FD Interest Rates Updated Again: Know The Latest Details

The State Bank of India (SBI) revised its fixed deposit (FD) interest rates again, effective July 15, 2025. The bank last revised its FD rates on June 15, 2025. That was after the Reserve Bank of India (RBI) announced a repo rate cut on June 9, 2025, in the monetary policy committee meeting. Within a period of one month, this is the second revision of its rates. The largest public sector bank has revised rates only for its short-term—less than one year—FD this time. At present the bank offers the highest 6.45 per cent to the general public and 7.05 per cent to senior citizens.

Here are the revised FD rates, effective July 15, 2025.

Interest Rates For Senior Citizens:

The bank offers seniors an additional 0.50 per cent across FD tenures over the rates for the general public. However, for ‘five years to 10 years’ tenure it offers an additional 1.0 per cent higher interest, including 0.50 per cent additional interest under its SBI We-care deposit scheme.

Tenure                                                       Exiting rates               Revised rates

7 days to 45 days                                               3.55                                  3.55

46 days to 179 days                                                5.55                                  5.40

180 days to 210 days                                              6.30                                  6.15

211 days to less than 1 year                                  6.55                                  6.40

1 Year to less than 2 years                                     6.75                                  6.75

2 years to less than 3 years                                   6.95                                  6.95

3 years to less than 5 years                                   6.80                                  6.80

5 years and up to 10 years                                    7.05                                  7.05

Source: Bank Website 

Interest Rates For Super Seniors:

Super seniors (80 years and above) can receive an even higher interest rate on all FDs. The bank offers super seniors an additional 0.10 per cent (10 basis points) over the seniors’ FD rates.

Interest Rates For The General Public:

Tenure                                                  Exiting rates                     Revised rates

7 days to 45 days                                                 3.05                                  3.05

46 days to 179 days                                             5.05                                  4.90

180 days to 210 days                                           5.80                                  5.65

211 days to less than 1 year                               6.05                                  5.90

1 Year to less than 2 years                                  6.25                                  6.25

2 years to less than 3 years                                6.45                                  6.45

3 years to less than 5 years                                6.30                                  6.30

5 years and up to 10 years                                 6.05                                  6.05

Source: Bank Website

All these rates are applicable for callable FDs of less than Rs 3 crore with the bank. The bank also offers special FDs for which the rates are:

Amrit Vrishti:

The tenure of Amrit Vrishti is 444 days. During the last revision on June 15, 2025, the bank reduced its interest rates from 6.85 per cent to 6.60 per cent for the general public, which means for seniors it came down to 7.10 per cent and for super seniors to 7.20 per cent.