State Bank of India (SBI) FD Rates 2025

Updated on August 28, 2025 , 86705 views

State Bank of India, most known as SBI, is one of the most leading and entrusted bank in the country. It has a wide network of 14,000 branches that is spread across the country.

The fixed deposit offered by SBI is the product where the customer deposit certain amount and the interest is accrued on the deposited money. SBI FD Rates vary according to the investment tenure and as as per the investment amount. Let's have a look!

SBI Fixed Deposit Rates (Below Rs. 2 crore)

Here are the tenures and interest rate offered by the bank for deposits below Rs. 2 crore:

Tenure	FD Interest Rates (p.a.)
7 days to 45 days	3.00%
46 days to 179 days	4.50%
180 days to 210 days	5.25%
180 days to 210 days	5.35%
211 days to less than 1 year	5.88%
1 year to less than 2 years	6.98%
2 years to less than 3 years	7.19%
3 years to less than 5 years	6.66%
5 years and up to 10 years	6.66%

Figures mentioned in the above table are subject to change without prior information.

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SBI Senior Citizen Fixed Deposit Rates (Below Rs. 2 crore)

Here are the tenures and interest rate offered by the bank for senior citizen on deposits below Rs. 2 crore:

Tenure	Interest Rates
7 days to 45 days	3.50
46 days to 179 days	5.00
180 days to 210 days	5.88%
211 days to less than 1 year	6.40
1 year to less than 2 year	7.50
2 years to less than 3 years	7.71
3 years to less than 5 years	7.19
5 years and up to 10 years	7.71

@Including additional premium of 50 bps under ”SBI We-care” deposit scheme.

Figures mentioned in the above table are subject to change without prior information.

SBI Fixed Deposit Scheme

The bank offers several deposit schemes. The depositor can invest in the scheme of their choice:

SBI MODS
SBI annuity Deposit
SBI Reinvestment Plan
SBI Tax Savings Scheme

SBI Fixed Deposit: Premature Withdrawal

On Fixed Deposits ranging from Rs. 5 lakh to Rs. 1 crore, the penalty is charged at 1% The penalty on premature withdrawals on fixed deposits of up to Rs. 5 lakhs is 0.50% of the principal amount

*The penalty is as mentioned above for Fixed Deposits of all tenures.

Documents to Open FD Account in SBI

PAN Card or declaration in Form No. 60 or 61 as per the income tax Act.

Liquid Funds- An Alternative to Bank Savings Account

With liquid Mutual Funds one gets the flexibility to invest or withdraw whenever one wants to without any penalty or exit load.
When investing in Mutual Funds, some fund houses also offer ATM card to withdraw money. This further adds on to your convenience.
Some of the Best Liquid Funds offer much better interest rate than that of Savings Account.

Based on certain parameters, we can figure out the difference between Liquid Funds and savings account. Let’s figure out those parameters.

Factors	Liquid Funds	Savings Account
Rate of Return	7-8%	4%
Tax Implications	Short-term Capital gains tax is levied based on investors' applicable Income tax slab Tax Rate	Interest rate earned are taxable as per investors' applicable income tax slab
Ease of Operation	No need to go to a bank to get cash. If there is same amount that needs to be paid, it can be done online	Money gets deposited to the bank account first
Suitable for	Who want to invest their surplus to earn higher return than saving account	Who want to just park their surplus amount

Best Liquid Funds 2025

Fund	NAV	Net Assets (Cr)	1 MO (%)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Indiabulls Liquid Fund Growth	₹2,548.77 ↑ 0.39	₹393	0.5	1.5	3.3	7	6.9	5.5	7.4
PGIM India Insta Cash Fund Growth	₹343.079 ↑ 0.06	₹513	0.5	1.5	3.3	7	7	5.6	7.3
JM Liquid Fund Growth	₹71.898 ↑ 0.01	₹3,225	0.5	1.5	3.2	6.8	6.9	5.6	7.2
Axis Liquid Fund Growth	₹2,934.48 ↑ 0.45	₹36,757	0.5	1.5	3.3	7	7	5.6	7.4
Invesco India Liquid Fund Growth	₹3,622.32 ↑ 0.57	₹14,240	0.5	1.5	3.3	7	7	5.6	7.4
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Aug 25

Research Highlights & Commentary of 5 Funds showcased

Commentary	Indiabulls Liquid Fund	PGIM India Insta Cash Fund	JM Liquid Fund	Axis Liquid Fund	Invesco India Liquid Fund
Point 1	Bottom quartile AUM (₹393 Cr).	Bottom quartile AUM (₹513 Cr).	Lower mid AUM (₹3,225 Cr).	Highest AUM (₹36,757 Cr).	Upper mid AUM (₹14,240 Cr).
Point 2	Established history (13+ yrs).	Established history (17+ yrs).	Oldest track record among peers (27 yrs).	Established history (15+ yrs).	Established history (18+ yrs).
Point 3	Top rated.	Rating: 5★ (upper mid).	Rating: 5★ (lower mid).	Rating: 4★ (bottom quartile).	Rating: 4★ (bottom quartile).
Point 4	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.	Risk profile: Low.
Point 5	1Y return: 6.98% (upper mid).	1Y return: 6.96% (lower mid).	1Y return: 6.84% (bottom quartile).	1Y return: 6.99% (top quartile).	1Y return: 6.95% (bottom quartile).
Point 6	1M return: 0.47% (top quartile).	1M return: 0.47% (bottom quartile).	1M return: 0.46% (bottom quartile).	1M return: 0.47% (upper mid).	1M return: 0.47% (lower mid).
Point 7	Sharpe: 3.05 (bottom quartile).	Sharpe: 3.30 (lower mid).	Sharpe: 2.80 (bottom quartile).	Sharpe: 3.64 (top quartile).	Sharpe: 3.63 (upper mid).
Point 8	Information ratio: -1.37 (bottom quartile).	Information ratio: -0.82 (lower mid).	Information ratio: -2.27 (bottom quartile).	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).
Point 9	Yield to maturity (debt): 5.77% (bottom quartile).	Yield to maturity (debt): 5.81% (upper mid).	Yield to maturity (debt): 5.77% (bottom quartile).	Yield to maturity (debt): 5.85% (top quartile).	Yield to maturity (debt): 5.78% (lower mid).
Point 10	Modified duration: 0.11 yrs (lower mid).	Modified duration: 0.13 yrs (bottom quartile).	Modified duration: 0.10 yrs (top quartile).	Modified duration: 0.12 yrs (bottom quartile).	Modified duration: 0.11 yrs (upper mid).

Indiabulls Liquid Fund

Bottom quartile AUM (₹393 Cr).
Established history (13+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.98% (upper mid).
1M return: 0.47% (top quartile).
Sharpe: 3.05 (bottom quartile).
Information ratio: -1.37 (bottom quartile).
Yield to maturity (debt): 5.77% (bottom quartile).
Modified duration: 0.11 yrs (lower mid).

PGIM India Insta Cash Fund

Bottom quartile AUM (₹513 Cr).
Established history (17+ yrs).
Rating: 5★ (upper mid).
Risk profile: Low.
1Y return: 6.96% (lower mid).
1M return: 0.47% (bottom quartile).
Sharpe: 3.30 (lower mid).
Information ratio: -0.82 (lower mid).
Yield to maturity (debt): 5.81% (upper mid).
Modified duration: 0.13 yrs (bottom quartile).

JM Liquid Fund

Lower mid AUM (₹3,225 Cr).
Oldest track record among peers (27 yrs).
Rating: 5★ (lower mid).
Risk profile: Low.
1Y return: 6.84% (bottom quartile).
1M return: 0.46% (bottom quartile).
Sharpe: 2.80 (bottom quartile).
Information ratio: -2.27 (bottom quartile).
Yield to maturity (debt): 5.77% (bottom quartile).
Modified duration: 0.10 yrs (top quartile).

Axis Liquid Fund

Highest AUM (₹36,757 Cr).
Established history (15+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Low.
1Y return: 6.99% (top quartile).
1M return: 0.47% (upper mid).
Sharpe: 3.64 (top quartile).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 5.85% (top quartile).
Modified duration: 0.12 yrs (bottom quartile).

Invesco India Liquid Fund

Upper mid AUM (₹14,240 Cr).
Established history (18+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Low.
1Y return: 6.95% (bottom quartile).
1M return: 0.47% (lower mid).
Sharpe: 3.63 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 5.78% (lower mid).
Modified duration: 0.11 yrs (upper mid).

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.