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State Bank of India (SBI) is a Fortune 500 company and India’s largest public sector bank, serving over 50 crore customers across the country. With an asset base of more than ₹61 trillion, SBI remains one of the most trusted names for fixed deposits, offering competitive returns across regular and senior citizen categories.
For the latest SBI FD interest rates and short-term offers in May 2026, always refer to the official SBI website, since deposit rates are revised periodically. As of the latest published rate cards, SBI offers the highest regular fixed deposit rate of 6.45% p.a. for tenures of 2 years to less than 3 years, while senior citizens can earn up to 7.05% p.a. under select tenures.
Under SBI’s Retail Domestic Term Deposit scheme, the revised rates for deposits below ₹3 crore are as follows: 7 days to 45 days at 3.05% p.a., 46 days to 179 days at 4.90% p.a., 180 days to 210 days at 5.65% p.a., 211 days to less than 1 year at 5.90% p.a., 1 year to less than 2 years at 6.25% p.a., 2 years to less than 3 years at 6.45% p.a., 3 years to less than 5 years at 6.30% p.a., and 5 years to 10 years at 6.05% p.a.
SBI also offers special rates under schemes such as the Non-Callable Term Deposit Retail option, which can provide higher returns for investors willing to lock in their money for a fixed period. For example, 2026 rate trackers show that special FD schemes and senior citizen deposits can go higher than the standard retail slab rates, depending on the tenor and product type
Check the latest SBI FD interest rates in May 2026 for regular customers and senior citizens, including retail and special short-term deposit schemes, before investing.
Latest SBI FD rates 2026 – For Regular Customers
For customers below 60 years, SBI offers a “Retail Domestic Term Deposit Scheme”. It comes with flexible tenures ranging from 7 days to 10 years. The scheme also allows premature withdrawal (subject to applicable penalties), which lets you access your funds in case of urgent needs or emergencies.
For your reference, below are the latest SBI FD rates 2026:
| Tenor | Existing Rate (w.e.f. 15/07/2025) | Revised Rate (w.e.f. 15/12/2025) |
| 7 days to 45 days | 3.05% | 3.05% |
| 46 days to 179 days | 4.90% | 4.90% |
| 180 days to 210 days | 5.65% | 5.65% |
| 211 days to less than 1 year | 5.90% | 5.90% |
| 1 year to less than 2 years | 6.25% | 6.25% |
| 2 years to less than 3 years | 6.45% | 6.40% |
| 3 years to less than 5 years | 6.30% | 6.30% |
| 5 years to up to 10 years | 6.05% | 6.05% |
Note: The above SBI fixed deposit rates are valid as of 11 May 2026. The rates are subject to change. Please check the latest interest rates before investing.
The State Bank of India (SBI) latest FD interest rates and special short-term offers for November 2025 provide a detailed summary on schemes with tenures under 1 year.
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Latest SBI FD Rates for Senior Citizens 2026
SBI continues to offer higher FD returns to senior citizens in 2026, and the SBI We-care scheme remains an additional booster for long tenures.
If you are 60 years or above, SBI generally offers a 0.50% higher FD interest rate than what is available to regular customers on most retail domestic term deposits. For super senior citizens (80+), SBI Patrons can add a further 0.10% benefit on eligible tenors, giving older investors an extra cushion over standard rates.
If you choose to invest for 5 to 10 years, you may be eligible for the SBI We-care deposit scheme, which provides an additional 0.50% premium over and above the senior citizen FD rate for that tenure. For example, as per the latest SBI card, the regular 5–10 year FD rate is 6.05% p.a., the senior citizen rate is 6.55% p.a. (0.50% extra), and under SBI We-care, the effective rate becomes 7.05% p.a. This means senior citizens earn a total benefit of 1.00% p.a. over the rate offered to general customers on 5–10 year deposits under the We-care scheme.
Check out the latest SBI FD rates 2026:
| Tenor | Existing Rate (w.e.f. 15/07/2025) | Revised Rate (w.e.f. 15/12/2025) |
|---|---|---|
| 7 days to 45 days | 3.55% | 3.55% |
| 46 days to 179 days | 5.40% | 5.40% |
| 180 days to 210 days | 6.15% | 6.15% |
| 211 days to less than 1 year | 6.40% | 6.40% |
| 1 year to less than 2 years | 6.75% | 6.75% |
| 2 years to less than 3 years | 6.95% | 6.90% |
| 3 years to less than 5 years | 6.80% | 6.80% |
| 5 years to up to 10 years* | 7.05% (highest) | 7.05% (highest) |
Note: The above SBI fixed deposit rates are valid as of 2026 11 May. They are inclusive of a 0.50% p.a. or 1.00% p.a. bonus rate (wherever applicable). The rates are subject to change. Please check the latest interest rates before investing.
Latest SBI FD rates 2026 – Non-Callable Deposits
If you are a high-net-worth individual (HNI), SBI runs a special “Non-Callable Term Deposit Retail” scheme. In this FD plan, the minimum deposit you can make is ₹1.01 crore, and the maximum amount you can invest must be less than ₹3.00 crore.
However, when you invest in this FD scheme, you cannot prematurely withdraw your funds before maturity. Due to this additional condition, the bank offers slightly higher interest rates than the regular card rates. Also, senior citizens are eligible for the 0.50% bonus rate.
For a better understanding, check out the latest SBI FD rates 2026:
| Tenor | Additional Rate Over Card Rate | General Public | Senior Citizen |
| 1 Year | 0.30% | 6.55% | 7.05% |
| 2 Years | 0.40% | 6.85% | 7.35% |
Note: The above SBI fixed deposit rates are valid as of August 14, 2025. The rates are subject to change. Please check the latest interest rates before investing.
For SBI FD 2026 details and SBI fixed deposit interest rates 2026, visit the official SBI portal.
If you are looking to invest in FDs online, you can visit the GoldenPi platform and book FDs offered by leading banks and NBFCs from the comfort of your home.
Some Other SBI FD Schemes
In addition to the Retail Domestic Term Deposit and Non-Callable FD schemes, SBI also offers Amrit Vrishti and Green Rupee Term Deposit schemes. The interest rates for these special FDs are different from regular FD rates.
Let’s take a closer look at each of these schemes in detail:
1. Amrit Vrishti Scheme
The Amrit Vrishti Scheme is a special fixed deposit offered by SBI with a specific term of 444 days. It was earlier paying 6.85%, but from June 15, 2025, the rate has been reduced to 6.60% for the general public. Senior citizens are eligible for an additional benefit of 0.50% p.a. on top of this rate.
2. SBI Green Rupee Term Deposit
The SBI Green Rupee Term Deposit is another special scheme introduced to encourage eco-conscious investing. It is available for unique fixed terms of:
- 1111 days
- 1777 days
- 2222 days
However, the interest rate offered is 0.10% lower than the regular card rate for the same tenure.
Key Features of SBI Fixed Deposit Rates
SBI provides an additional bonus to super senior citizens, which is on top of the premium offered to senior citizens. However, these benefits are not universal, and certain deposit schemes do not offer the extra percentage.
Let’s understand in detail:
1. Extra Benefit for Super Senior Citizens (80+)
SBI recognises the needs of its oldest customers! Those aged 80 years and above are eligible for an additional 0.10% interest over the rate applicable to senior citizens. This takes their total bonus rate to 0.60% p.a. (0.50% + 0.10%). To calculate their returns, super senior citizens can add the bonus 0.60% rate to the regular FD rate card.
However, for the SBI We-care deposit scheme, their total bonus rate is 1.10% p.a. [6.05% (regular rate) + 0.50% (senior citizen benefit) + 0.50% (SBI We-care scheme benefit) + 0.10% (super senior citizen benefit)]. The interest rate they can get under this scheme is 7.15% p.a. for a tenure of 5-10 years.
2. Schemes Where These Benefits Don’t Apply
The additional interest benefits given to senior and super senior citizens are not available across all deposit schemes. They are excluded from:
- Recurring Deposits
- The Green Rupee Term Deposit
- The Tax Savings Scheme 2006
- The MODS (Multi-Option Deposit Scheme)
- The Capgain Scheme
FD investors in these products will receive only the standard card rate, without any extra percentage.
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SBI is the 47th largest bank in the world (by total assets) and the only Indian bank in the Fortune Global 500 (2024) list. It is regulated by the Reserve Bank of India (RBI) and all its deposits are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to ₹5 lakhs.
As of August 14, 2025, SBI offers up to 6.45% p.a. for regular customers and 7.15% p.a. for senior citizens under the Retail Domestic Term Deposit scheme, while the Non-Callable Retail scheme offers up to 6.85% p.a. and 7.35% p.a., respectively.
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SBI FD Rates FAQs
What are the highest SBI FD rates in 2026?As of May 2026, the highest SBI fixed deposit rate for regular customers is 6.60% p.a. under the Amrit Vrishti special deposit scheme for 444 days. For standard retail domestic term deposits, the highest rate is 6.45% p.a. for tenures of 2 years to less than 3 years. Senior citizens can earn up to 7.10% p.a. on the 444-day Amrit Vrishti deposit, while super senior citizens (80 years and above) can earn up to 7.20% p.a.
Under SBI Patrons, resident customers aged 80 years and above receive an additional 0.10% per annum over the senior citizen rate on eligible callable term deposits below ₹3 crore. This means super senior citizens receive a total of 0.60% per annum more than the regular customer rate.
As of May 2026, SBI Green Rupee Term Deposit is available for fixed tenures of 1111, 1777, and 2222 days and offers interest rates at par with SBI’s regular card rates for the corresponding tenures. No additional premium is provided for senior or super senior citizens beyond the standard applicable rates.
Yes, SBI allows premature withdrawal of most callable fixed deposits. A penalty generally applies, usually 0.50% for deposits up to ₹5 lakh and 1.00% for deposits above ₹5 lakh. Non-callable fixed deposits do not permit premature withdrawal.
To buy bonds in India, choose a SEBI-registered online bond platform, complete KYC verification, link your bank and demat accounts, review available government or corporate bonds, and complete the investment through online payment.
NRIs can invest in eligible Indian bonds using their NRE or NRO accounts, subject to RBI and FEMA guidelines. They need to complete KYC, maintain a linked demat account, and invest through a compliant online bond platform or broker.
Corporate bonds can be purchased through stockbrokers, banks, or SEBI-registered online bond platforms. Investors can compare issuer credit ratings, coupon rates, and maturity dates before investing in listed bonds or subscribing to new NCD issues.
Disclaimer: This information is for general information purposes only. GoldenPi makes no guarantee on the accuracy of the data provided here; the information displayed is subject to change and is provided on an as-is basis. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. Investments in the securities market are subject to market risks. Read all the offer-related documents carefully before investing.
Fixed Deposit schemes are offered by the State Bank of India, which is regulated by the Reserve Bank of India. GoldenPi Securities Private Limited is a registered debt broker and acts as a distributor and not as a manufacturer of the product.
Latest Updated: 11-05-2026
