SBI FD Interest Rates 2026: Latest Rates, Schemes & Returns
30 December 2025 ·
Complete Guide to SBI Fixed Deposit Rates, Schemes, Taxation, and Comparison for 2026
Introduction to SBI FD Interest Rates 2026
SBI FD Interest Rates 2026 define the guaranteed returns offered by the State Bank of India on fixed deposits across various tenures. As India’s largest public sector bank, SBI remains a preferred choice for conservative investors seeking capital protection, predictable income, and liquidity.
With interest rates revised periodically, understanding the latest SBI FD interest rates for 2026 helps investors select the right tenure, maximize returns, and align deposits with financial goals.
What Are SBI Fixed Deposit Interest Rates?
SBI fixed deposit interest rates represent the annual interest payable on lump-sum deposits parked with the bank for a fixed period. These rates differ based on:
Deposit tenure
Customer category (general, senior citizen, super senior)
Deposit amount
Special FD schemes
SBI offers FD tenures ranging from 7 days to 10 years.
Key Highlights of SBI FD Interest Rates 2026
Interest rates range from 3.05% to 6.60% for general investors
Senior citizens earn up to 7.10% under special schemes
Minimum investment starts at ₹1,000
No maximum deposit limit
Loan facility available up to 85% of FD value
Special schemes like Amrit Vrishti (444 Days) offer higher returns
SBI FD Interest Rates 2026 – Resident Indians
| Tenure | General Public (% p.a.) | Senior Citizens (% p.a.) |
|---|---|---|
| 7 days to 45 days | 3.05% | 3.55% |
| 46 days to 179 days | 4.90% | 5.40% |
| 180 days to 210 days | 5.65% | 6.15% |
| 211 days to less than 1 year | 5.90% | 6.40% |
| 1 year to less than 2 years | 6.25% | 6.75% |
| 2 years to less than 3 years | 6.45% | 6.95% |
| 3 years to less than 5 years | 6.30% | 6.80% |
| 5 years to 10 years | 6.05% | 7.05% |
SBI FD Interest Rates 2026 – NRI Deposits
| Deposit Type | Tenure | Interest Rate (% p.a.) |
|---|---|---|
| NRE FD | 1–2 years | 6.25% |
| NRE FD | 444 days | 6.60% |
| NRO FD | 211 days to less than 1 year | 5.90% |
| NRO FD | 5 to 10 years | 6.05% |
Special SBI FD Scheme – Amrit Vrishti (444 Days)
| Investor Category | Interest Rate (% p.a.) |
|---|---|
| General Public | 6.60% |
| Senior Citizens | 7.10% |
| Super Senior Citizens | 7.20% |
Tenure-wise SBI FD Interest Rate Summary
| Deposit Tenure | General Customers | Senior Citizens |
|---|---|---|
| Short-Term (7 days – 1 year) | 3.05% – 5.90% | 3.55% – 6.40% |
| Medium-Term (1 – 5 years) | 6.25% – 6.45% | 6.75% – 6.95% |
| Long-Term (5 – 10 years) | 6.05% | 7.05% |
Taxation on SBI Fixed Deposits
Interest earned on SBI FDs is taxable under “Income from Other Sources.” TDS is deducted when:
Interest exceeds ₹50,000 (general investors)
Interest exceeds ₹1 lakh (senior citizens)
The SBI Tax Saving FD Scheme offers deductions up to ₹1.5 lakh under Section 80C, with a 5-year lock-in.
Loan Against SBI Fixed Deposit
SBI allows investors to avail loans against their FD without premature closure:
Loan amount: Up to 85% of FD value
Interest rate: 1% above FD rate
Available via YONO, internet banking, and branches
This option ensures liquidity while keeping the FD intact.
SBI FD vs Other Banks FD Rates 2026
| Bank Name | Regular Customers (% p.a.) | Senior Citizens (% p.a.) |
|---|---|---|
| State Bank of India | 3.05% – 6.60% | 3.55% – 7.10% |
| HDFC Bank | 3.00% – 7.35% | 3.50% – 7.85% |
| ICICI Bank | 3.00% – 7.25% | 3.50% – 7.80% |
Types of SBI Fixed Deposit Schemes
| FD Scheme | Tenure | Key Benefit |
|---|---|---|
| Regular Fixed Deposit | 7 days to 10 years | Safe investment with assured returns |
| Tax Saving FD | 5 to 10 years | Tax deduction under Section 80C |
| We-Care FD | 5 to 10 years | Extra interest for senior citizens |
| MOD Account | 1 to 5 years | Auto sweep-in and sweep-out facility |
How to Invest in SBI Fixed Deposit
You can open an SBI FD via:
Internet banking
YONO SBI app
Visiting an SBI branch
The process is paperless for online channels and takes only a few minutes.
Final Verdict
SBI FD Interest Rates 2026 offer a balanced mix of safety, liquidity, and competitive returns. With special schemes like Amrit Vrishti, higher rates for senior citizens, and loan facilities, SBI fixed deposits remain a strong choice for conservative investors.
For portfolio diversification, investors may also explore alternatives like bonds, debt funds, and other fixed-income instruments alongside FDs.