SBI Hikes Interest Rates Up to 25 Bps On Domestic Bulk Term Deposits; Check Details

The country's largest public sector bank, State Bank of India (SBI) has hiked interest rates on domestic bulk term deposits of Rs. 3 Crores and above. As per the official website of SBI, the revised bulk FD rates are effective as of 15/03/2026 and following the revision, SBI has hiked interest rates up to 25 bps on multiple tenors.

SBI Bulk FD Rates 2026

On a tenure of 7 days to 14 days, SBI has kept the interest rate constant at 4.50% and on bulk FDs maturing in 15 days to 45 days, SBI has kept the interest rate constant at 5%. SBI has hiked the interest rate by 25 bps from 5.10 to 5.35% and 5.60% to 5.85% on bulk FDs maturing in 46 days to 179 days and 180 days to less than 1 year, respectively.

SBI bulk FDs maturing in 1 year to less than 2 years will now fetch a 25 bps higher interest rate of 6.50%, which was earlier 6.25%. However, on a tenure of 2 years to less than 3 years, SBI has kept the interest rate constant at 6.15%, whereas for bulk FDs maturing in 5 years and up to 10 years, the interest rate is steady at 6.00%.

Tenors	Existing Rates for Public w.e.f. 15/07/2025	Revised Rates for Public w.e.f.15/03/2026	Existing Rates for Senior Citizen w.e.f. 15/07/2025	Revised Rates for Senior Citizen w.e.f. 15/03/2026
7 days to 14 days	4.5	4.5	5	5
15 days to 45 days	5	5	5.5	5.5
46 days to 179 days	5.1	5.35	5.6	5.85
180 days to 210 days	5.6	5.85	6.1	6.35
211 days to less than 1 year	5.6	5.85	6.1	6.35
1 year to less than 2 years	6.25	6.5	6.75	7
2 years to less than 3 years	6.15	6.15	6.65	6.65
3 years to less than 5 years	6	6	6.5	6.5
5 years and up to 10 years	6	6	6.5	6.5

"The revised rates of interest shall be made applicable to fresh deposits and renewals of maturing deposits. All other terms and conditions of Retail and Bulk Term Deposits shall remain unchanged," SBI has mentioned on its website.

Additionally, customers should be aware that there will be a 1% premature penalty for bulk term deposits for all tenors. All new deposits, including renewals, will be subject to it. The SBI Green Rupee Term Deposit is offered for three separate tenors of 1111, 1777, and 2222 days at 10 basis points below the card rate, according to the SBI official website.

SBI Regular FD Rates

On retail domestic term deposits of below Rs. 3 crore, SBI has not made changes in interest rates and they are effective as of 15/12/2025. On tenures of 7 to 10 years, SBI is offering standard rates of 3.05% to 6.05% and 3.55% to 7.05% to senior citizens. On domestic term deposits maturing in 2 years to less than 3 years, SBI is currently offering the highest interest rate of 6.40% to the general public, whereas on tenures of 5 years and up to 10 years, SBI is offering a maximum interest rate of 7.05% to senior citizens.

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 Citizen 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	4.9	4.9	5.4	5.4
180 days to 210 days	5.65	5.65	6.15	6.15
211 days to less than 1 year	5.9	5.9	6.4	6.4
1 Year to less than 2 years	6.25	6.25	6.75	6.75
2 years to less than 3 years	6.45	6.4	6.95	6.9
3 years to less than 5 years	6.3	6.3	6.8	6.8
5 years and up to 10 years	6.05	6.05	7.05*	7.05*
Source: sbi.bank.in

Senior citizens will get an additional premium of 50 bps under "SBI We-care" deposit scheme over and above the applicable standard rates.

The interest rate of the specific tenor scheme of "Amrit Vrishti", coming with a tenure of 444 days) is applicable at 6.60% to 6.45% effective as of 15-Dec-2025. Additionally, SBI offers the SBI Patrons FD program, which offers super Senior Citizens 80 years of age and older an additional advantage of 10 basis points over the senior citizen interest rate. Recurring Deposit Schemes, Green Rupee Term Deposits, Tax Savings Schemes 2006, MODS, Capgain Schemes, and Non-Callable Term Deposits are not covered under the scheme.