SBI FD Interest Rates: The State Bank of India (SBI), the country’s largest public sector bank, continues to offer attractive interest rates on Fixed Deposits (FDs). The bank also provides additional interest benefits to senior and super senior citizens, making FDs an appealing investment option for long-term savers.
SBI 12-Month FD Interest Rates
For fixed deposits with a tenure of 12 months (1 year), SBI is currently offering interest rates ranging from 6.25% to 6.85%, depending on the depositor’s age.
Interest Rates for 12-Month SBI FD
| Category | Interest Rate |
|---|---|
| General customers (below 60 years) | 6.25% |
| Senior citizens (60 years and above) | 6.75% |
| Super senior citizens (80 years and above) | 6.85% |
Note: These interest rates are applicable only for fixed deposits below ₹3 crore.
Additional Benefits for Senior Citizens
SBI offers higher returns to elderly customers through special interest benefits:
- Senior citizens (60 years and above) receive 0.50% additional interest compared to regular customers.
- Super senior citizens (80 years and above) receive an additional 0.10% over the senior citizen rate.
These higher rates help senior citizens earn better returns on their savings.
When Were SBI FD Rates Last Revised?
SBI last revised its fixed deposit interest rates in December 2025. Since then, the bank has not made any major changes to its FD interest rates.
RBI Keeps Repo Rate Unchanged
The Reserve Bank of India (RBI) has recently decided to keep the repo rate unchanged for the fourth consecutive policy meeting.
The RBI had last reduced the repo rate by 0.25 percentage points to 5.25% in December 2025. Since then, there has been no change in the benchmark lending rate.
Generally:
- A cut in the repo rate may lead banks to reduce both loan and FD interest rates.
- A hike in the repo rate often results in higher loan as well as fixed deposit interest rates.
With the repo rate remaining unchanged, SBI has also continued with its existing FD interest rate structure for now.
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