State Bank of India
Fixed Deposit Calculator
Highest FD Rate
7.05% p.a.
Best available rate by SBI across tenures
SBI Fixed Deposit Calculator
Minimum amount varies by bank (typically ₹1,000)
Best Fixed Deposit Rates Comparison 2025
Compare FD interest rates across top banks - General rates for 5 years
Bank
Interest Rate
Maturity
Interest
Compare
Highest Rate
6.65%
IndusInd
Max Interest
₹39.1K
Best Return
Rate Spread
0.40%
Difference
Banks Available
11
Compared
SBI Fixed Deposit Calculator Results
Compare different investment amounts and tenures
SBI Fixed Deposit Interest Rates
Latest interest rates for different tenures
| Tenure | General Rate | Senior Citizen Rate |
|---|---|---|
| 7-14 days | 3.05% | 3.55% |
| 15-29 days | 3.05% | 3.55% |
| 30-45 days | 3.05% | 3.55% |
| 46-179 days | 4.9% | 5.4% |
| 180-210 days | 5.65% | 6.15% |
| 211 days-1 year | 5.9% | 6.4% |
| 1-2 years | 6.45% | 6.95% |
| 2-3 years | 6.45% | 6.95% |
| 3-5 years | 6.45% | 6.95% |
| 5-10 years | 6.45% | 7.05% |
Important Notes
- Min deposit: ₹1,000
- Penalty: 1% on premature closure
- TDS applicable if annual interest exceeds ₹40,000
- Auto-renewal facility available
Key Benefits
- Guaranteed returns with low risk
- Better rates than savings accounts
- Loan against FD facility
- DICGC insurance up to ₹5,00,000
Tax & TDS on SBI Fixed Deposits
Understanding tax implications and deductions on your FD investments
Section 80C
Tax-saving FDs (5-year lock-in) qualify for deduction up to ₹1.5 lakh under Section 80C
Senior Citizens
Higher TDS exemption limit of ₹50,000 for citizens above 60 years
• Regular FDs don't qualify for Section 80C deduction
• Interest income is fully taxable as per income tax slab
• Form 15G/15H can be submitted to avoid TDS
TDS Rate
10%
Exemption Limit
₹40,000
TDS Calculation
TDS is deducted at 10% if total interest from all FDs with SBI exceeds ₹40,000 in a financial year
TDS is deducted at source by the bank
Form 26AS shows TDS deducted
Can be claimed as advance tax while filing ITR
No PAN: higher 20% TDS applies
₹5 Lakh FD
At 6.45% for 3 years
₹32,250
Annual Interest
TDS: ₹0
₹10 Lakh FD
At 6.45% for 3 years
₹64,500
Annual Interest
TDS: ₹2,450
₹25 Lakh FD
At 6.45% for 3 years
₹161,250
Annual Interest
TDS: ₹12,125
SBI Fixed Deposit FAQs
Everything you need to know about lumpsum investments
Compare FD Rates Across Banks
Calculate Fixed Deposit returns with different banks and find the best rates
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