The country’s largest public sector bank, State Bank of India (SBI), has given a setback to its customers by reducing interest rates on fixed deposits (FDs). Due to this change, customers will now earn less interest on their FDs than before.
SBI has reduced interest rates on all its FDs by 0.05 percent. This revision applies to FDs of less than Rs 3 crore.
After the Reserve Bank of India (RBI) cut the repo rate, many banks across the country have started lowering their FD interest rates. The new SBI FD rates have come into effect from today, December 15, 2025.
Revised SBI FD Interest Rates
SBI offers fixed deposits with tenures ranging from 7 days to 10 years. Senior citizens receive higher interest rates compared to the general public, especially on long-term deposits.
After the latest cut, SBI is now offering interest rates ranging from 3.05 percent to 7.05 percent. The highest interest rate of 7.05 percent is available to senior citizens on FDs with a tenure of 5 to 10 years.
Tenure-Wise SBI FD Rates
7 days to 45 days
General public: 3.05%
Senior citizens: 3.55%
46 days to 179 days
General public: 4.90%
Senior citizens: 5.40%
180 days to 210 days
General public: 5.65%
Senior citizens: 6.15%
211 days to less than 1 year
General public: 5.90%
Senior citizens: 6.40%
1 year to less than 2 years
General public: 6.25%
Senior citizens: 6.75%
2 years to less than 3 years
General public: 6.40%
Senior citizens: 6.90%
3 years to less than 5 years
General public: 6.30%
Senior citizens: 6.80%
5 years to 10 years
General public: 6.05%
Senior citizens: 7.05%
Senior citizens get an additional 0.50 percent interest under the SBI WeCare plan, making long-term FDs more attractive for them.
