Features & Benefits of SBI Fixed Deposit 1. Competitive rate of interest - Investors in SBI fixed deposits can get up to 5.40% rate of interest on their deposits. In case of senior citizens, the interest rate goes up to 6.20%. To fresh deposits and renewals of maturing deposits, the proposed rates of interest shall be made applicable. In September 2020, SBI revised interest rates on fixed deposits. SBI FDs between seven. The country's largest lender, State Bank of India (SBI), has slashed the interest rate on fixed deposits (FDs), also known as term deposits by 20-50 basis points (bps) across tenors in the retail.
Interest Rates
Interest Rates on ZAR Deposit
Interest rates on Savings Bank Accounts in % p.a w.e.f 21.12.2020
| Daily Balance Of | Interest Rate |
|---|---|
| Below Rand 10,000/- | 2.00 |
| Rand 10,000/- and above but below Rand 50,000/- | 225 |
| Rand 50,000 and above below Rand 100,000/- | 2.50 |
| Rand 100,000 and above | 2.50 |
Interest Rates on Call Deposits (% p.a w.e.f. 21.12.2020)
| Call Deposit | Less than 25,000 | 25,000 to <100,000 | 100,000 to <1 mio | 1 mio to 10 mio |
|---|---|---|---|---|
| Individual | 0.00 | 2.50 | 2.50 | on request |
| Corporate | 0.00 | 2.50 | 2.50 | on request |
Interest Rates on Time Deposits / Recurring Deposits:
Interest Paid on maturity (% p.a w.e.f 21.12.2020)
| Amount Tenor | 10,000 upto <100,000 | 100,000 upto < 1,000,000 |
|---|---|---|
| 7 Days to <=3 Month | 2.50 | 2.50 |
| 3 Month to <=6 Month | 2.75 | 2.75 |
| 6 Month to <=24 Month | 3.00 | 3.00 |
| 24 Month to < =36 Month | 3.25 | 3.25 |
| 36 Month to < 120 Month | 3.25 | 3.25 |
Sbi Domestic Deposit Interest Rates
Please Note:
- Rates for R 1.00 Mio and above on request only
- Senior Citizens (age:65 years or more) on deposits of 24 months and above to get additional 25 bps interest.
- All Interest rates are for single Deposit amounts.
USD deposits: (w.e.f 31.07.2020 in % p.a)
| Tenor | USD upto 500,000 | USD 500,000 and above |
|---|---|---|
| CFC | 0.10 | 0.25 |
| Term Deposits | Rates for term deposits on request only. | |
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Global Business Branch
7th Floor, SBI Tower Mindspace
Bhumi Park, 45, Ebene Cybercity
E-mail:
Manager GBB :gbb@sbimauritius.com
Tel: (230) 404 4958
Fax (230) 454 6968
Main Branch
34, Sir William Newton Street,
Port-Louis.
Tel: (230) 203 4913
Fax (230) 208 0127
E-mails
Branch Manager:portlouis@sbimauritius.com
Customer Care Desk:customercare@sbimauritius.com
Rose Hill
Royal Road,
Rose Hill.
Tel: (230) 464 6509
Fax (230) 464 6597
E-mail:rosehill@sbimauritius.com
Central Flacq
Bobby Building,
François Mitterand Road, Central Flacq.
Tel: (230) 413 2110
Fax (230) 413 2862
E-mail:centralflacq@sbimauritius.com
Montagne Blanche
Royal Road,
Montagne Blanche.
Tel: (230) 437 5119
Fax (230) 437 5580
E-mail:mteblanche@sbimauritius.com
Mahebourg
Royal Road,
Mahebourg.
Tel: (230) 631 9655
Fax (230) 631 9033
E-mail:mahebourg@sbimauritius.com
Goodlands
Ramoo Tower,
Royal Road,
Goodlands.
Tel: (230) 283 1859
Fax (230) 283 1898
E-mail:goodlands@sbimauritius.com
Vacoas
Jhugroo Building,
St Paul Road, Vacoas.
Tel: (230) 686 8418
Fax (230) 686 8547
E-mail:vacoas@sbimauritius.com
Rodrigues
Port Mathurin,
Rodrigues.
Tel: (95) 831 1591
Fax (95) 831 1592
E-mail:rodrigues@sbimauritius.com
Curepipe
Arcade Currimjee,
Royal Road,
Curepipe.
Tel: (230) 670 7360
Fax (230) 670 7361
E-mail:curepipe@sbimauritius.com
Quatre Bornes
St Jean Road,
Quatre Bornes.
Tel: (230) 467 1610
Fax (230) 467 1613
E-mail:quatrebornes@sbimauritius.com
Triolet
8eme Mille,
Royal Road,
Triolet.
Tel: (230) 261 4050
Fax (230) 261 4142
E-mail:triolet@sbimauritius.com
Rose Belle
Royal Road,
Rose Belle.
Tel:(230) 627 9042
Fax:(230) 627 9690
E-mail:rosebelle@sbimauritius.com
Ebene
Ground Floor SBI Tower Mindspace ,
Bhumi Park, 45, Ebene Cybercity.
Tel:(230) 404 4979/80
Fax:(230) 454 6997
E-mail:ebene@sbimauritius.com
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