SBI FD Interest Rates 2026: Check Latest FD Rates and Choose the Best Investment Tenure

Updated: NewsPoint | 29 Jun 2026, 12:28 pm

If you're planning to park your money in a safe investment, SBI FD Interest Rates 2026 are worth checking before making a decision. Fixed deposits remain one of the most trusted investment options for people seeking guaranteed returns without market-related risks. The State Bank of India (SBI) offers different interest rates based on the investment tenure, with additional benefits for senior citizens. Choosing the right tenure can help maximise your earnings while keeping your money secure.

SBI Fixed Deposit Interest Rates for General Customers

SBI offers a range of fixed deposit options for deposits below ₹3 crore. The applicable interest rates, effective from December 15, 2025, vary depending on the duration of the investment.

Here's a quick look at the current rates for general customers:

FD Tenure	Interest Rate (p.a.)
7 days to 45 days	3.05%
46 days to 179 days	4.90%
180 days to 210 days	5.65%
211 days to less than 1 year	5.90%
1 year to less than 2 years	6.25%
2 years to less than 3 years	6.40%
Amrit Varshi Scheme (444 days)	6.45%
3 years to less than 5 years	6.30%
5 years to 10 years	6.05%

SBI FD Rates for Senior Citizens

Senior citizens receive an additional interest benefit across most SBI fixed deposit schemes, making them more rewarding for long-term savings.

The current interest rates are:

FD Tenure	Interest Rate for Senior Citizens (p.a.)
7 to 45 days	3.55%
46 to 179 days	5.40%
180 to 210 days	6.15%
211 days to less than 1 year	6.40%
1 year to less than 2 years	6.75%
2 years to less than 3 years	6.90%
444 days (Amrit Varshi Scheme)	6.95%
3 years to less than 5 years	6.80%
5 years to 10 years	7.05%

SBI Amrit Varshi FD Scheme: A Special Option for Better Returns

Among SBI's special deposit schemes, the Amrit Varshi fixed deposit with a tenure of 444 days continues to attract investors.

General customers earn 6.45% annual interest.
Senior citizens receive up to 6.95% annual interest.

This scheme can be a suitable choice for investors looking for competitive returns without locking their money away for several years.

Which SBI FD Tenure Offers the Best Returns?

The right fixed deposit depends on your financial goals.

Short-term investors may opt for deposits of less than one year if liquidity is a priority.
Medium-term investors can consider the 2 to 3-year tenure or the 444-day Amrit Varshi scheme, which offers some of the highest returns for general customers.
Senior citizens seeking regular income and better earnings may find the 5 to 10-year FD particularly attractive, as it offers interest of up to 7.05%.

Why Fixed Deposits Continue to Be a Popular Investment

Despite the availability of several investment options, fixed deposits remain a preferred choice because they offer:

Guaranteed and predictable returns
Protection from stock market fluctuations
Flexible investment tenures
Suitable options for retirees and conservative investors
Easy investment and renewal process

These features make FDs an ideal savings instrument for anyone looking for stability and financial security.

Things to Consider Before Booking an SBI FD

Before investing, keep these factors in mind:

Select a tenure that matches your financial goals.
Compare returns across different FD periods.
Understand the tax implications on interest earned.
Check whether you may need the money before maturity, as premature withdrawal could attract penalties.
Verify the latest interest rates before investing, as banks may revise them from time to time.

SBI offers a wide range of fixed deposit options designed to meet different investment needs. While shorter tenures provide flexibility, medium- and long-term deposits generally offer more attractive returns. Senior citizens also enjoy additional interest benefits, making SBI FDs an appealing choice for retirement planning. Before opening an FD, compare the available tenures carefully and choose the one that best aligns with your financial objectives.