SBI FD And RD Rates In June 2026: Check Latest Interest Rates And Best Tenures
State Bank of India (SBI), the country's largest lender, has maintained attractive interest rates on fixed deposits (FDs) and recurring deposits (RDs) in June 2026. The offerings are expected to appeal to investors looking for stable and predictable returns amid changing market conditions.
For retail deposits below ₹3 crore, SBI currently offers interest rates ranging from 3.05% to 6.45% for general customers. Senior citizens enjoy additional benefits, with returns reaching as high as 6.95% under selected deposit schemes.
The latest rate structure provides a variety of options depending on an investor's financial goals and preferred investment tenure.
Deposits with a tenure of one year to less than two years currently earn 6.25% for general customers and 6.75% for senior citizens. Meanwhile, deposits with maturities between two and three years provide 6.40% and 6.90% respectively.
These rates make medium-term deposits an attractive choice for investors seeking a balance between returns and flexibility.
Three- to five-year deposits offer 6.30% for regular customers and 6.80% for senior citizens, while deposits with maturities of five to ten years provide 6.05%.
The scheme currently offers 6.45% interest for general customers and 6.95% for senior citizens, making it the highest advertised rate available under SBI's deposit products.
The scheme has attracted attention from conservative investors looking to lock in competitive returns without taking market-linked risks.
Deposits with tenures of 46 to 179 days offer 4.90%, while deposits between 180 and 210 days provide 5.65%.
For deposits ranging from 211 days to less than one year, the applicable interest rate is 5.90%.
Senior citizens receive an additional premium across most tenures, increasing the overall returns on their investments.
The recurring deposit scheme allows customers to invest regularly while earning interest comparable to fixed deposits.
The minimum deposit period is 12 months and can extend up to 120 months. Investors can begin with a monthly contribution of ₹100, with additional deposits accepted in multiples of ₹10.
This makes recurring deposits a suitable option for individuals who prefer building savings gradually rather than investing a lump sum amount.
The SBI WeCare programme offers an additional premium on eligible long-term deposits, while SBI Patrons provides special benefits for customers aged 80 years and above.
These initiatives are designed to help senior citizens maximise returns on their savings while maintaining low investment risk.
Investors will also be keeping a close watch on the Reserve Bank of India's monetary policy decisions, as any change in the benchmark repo rate could influence deposit rates across the banking sector. Until then, SBI's one- to three-year deposits and the Amrit Vrishti scheme remain among the most attractive choices for those seeking dependable returns from traditional savings products.
For retail deposits below ₹3 crore, SBI currently offers interest rates ranging from 3.05% to 6.45% for general customers. Senior citizens enjoy additional benefits, with returns reaching as high as 6.95% under selected deposit schemes.
The latest rate structure provides a variety of options depending on an investor's financial goals and preferred investment tenure.
One-To-Three-Year Deposits Remain Attractive
Among regular fixed deposit options, the one- to three-year segment continues to offer some of the most competitive returns.Deposits with a tenure of one year to less than two years currently earn 6.25% for general customers and 6.75% for senior citizens. Meanwhile, deposits with maturities between two and three years provide 6.40% and 6.90% respectively.
These rates make medium-term deposits an attractive choice for investors seeking a balance between returns and flexibility.
Three- to five-year deposits offer 6.30% for regular customers and 6.80% for senior citizens, while deposits with maturities of five to ten years provide 6.05%.
Amrit Vrishti Scheme Offers Highest Return
SBI's special 444-day Amrit Vrishti deposit scheme continues to stand out among the bank's retail offerings.The scheme currently offers 6.45% interest for general customers and 6.95% for senior citizens, making it the highest advertised rate available under SBI's deposit products.
The scheme has attracted attention from conservative investors looking to lock in competitive returns without taking market-linked risks.
Latest SBI FD Rates At A Glance
Under the current structure, deposits maturing in 7 to 45 days earn 3.05% interest for general customers.Deposits with tenures of 46 to 179 days offer 4.90%, while deposits between 180 and 210 days provide 5.65%.
For deposits ranging from 211 days to less than one year, the applicable interest rate is 5.90%.
Senior citizens receive an additional premium across most tenures, increasing the overall returns on their investments.
SBI RD Rates Mirror FD Returns
SBI's recurring deposit rates remain aligned with its term deposit rates for both general and senior citizen customers.The recurring deposit scheme allows customers to invest regularly while earning interest comparable to fixed deposits.
The minimum deposit period is 12 months and can extend up to 120 months. Investors can begin with a monthly contribution of ₹100, with additional deposits accepted in multiples of ₹10.
This makes recurring deposits a suitable option for individuals who prefer building savings gradually rather than investing a lump sum amount.
Special Benefits For Senior Citizens
Apart from higher standard interest rates, senior citizens can benefit from SBI's dedicated deposit schemes.The SBI WeCare programme offers an additional premium on eligible long-term deposits, while SBI Patrons provides special benefits for customers aged 80 years and above.
These initiatives are designed to help senior citizens maximise returns on their savings while maintaining low investment risk.
Investors will also be keeping a close watch on the Reserve Bank of India's monetary policy decisions, as any change in the benchmark repo rate could influence deposit rates across the banking sector. Until then, SBI's one- to three-year deposits and the Amrit Vrishti scheme remain among the most attractive choices for those seeking dependable returns from traditional savings products.
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