Bad News for those people who invested a large amount in the SBI as the FD (Fixed Deposit). SBI decided to reduce the Interest rates on the fixed deposits. The rules and rates have been implemented on the 15th of December 2025. The bank has reduced FD interest rates on tenures of 2 years to less than 3 years by 5 basis points (bps) each from 6.45% to 6.40% for general citizens.
After the revision of the SBI FD interest rates have become between 3.05% and 6.45%. Now for the Senior Citizen interest rate has been confirmed as 3.55% and 7.05%.
| Tenors | Existing Rates for Public (w.e.f. 15/07/2025) | Revised Rates for Public (w.e.f. 15/12/2025) | Existing Rates for Senior Citizens (w.e.f. 15/07/2025) | Revised Rates for Senior Citizen (w.e.f. 15/12/2025) |
|---|---|---|---|---|
| 7 days to 45 days | 3.05% | 3.05% | 3.55% | 3.55% |
| 46 days to 179 days | 4.90% | 4.90% | 5.40% | 5.40% |
| 180 days to 210 days | 5.65% | 5.65% | 6.15% | 6.15% |
| 211 days to less than 1 year | 5.90% | 5.90% | 6.40% | 6.40% |
| 1 Year to less than 2 years | 6.25% | 6.25% | 6.75% | 6.75% |
| 2 years to less than 3 years | 6.45% | 6.40% | 6.95% | 6.90% |
| 3 years to less than 5 years | 6.30% | 6.30% | 6.80% | 6.80% |
| 5 years and up to 10 years | 6.05% | 6.05% | 7.05%* | 7.05%* |