Looking for a safe place to keep your money while earning guaranteed returns? SBI’s 211-day fixed deposit could be worth a closer look.
The country’s largest public sector bank is offering 5.90% to 6.50% interest on this FD, depending on the depositor’s age.
But there’s an important difference between regular customers, senior citizens and super senior citizens.
How Much Interest Does SBI Offer on 211-Day FD?
For customers below 60 years of age, SBI is offering 5.90% interest on a 211-day FD.
Senior citizens aged 60 years and above can earn 6.40% interest.
For super senior citizens aged 80 years and above, the interest rate goes up to 6.50%.
This means older customers can earn a higher return on the same FD tenure.
What Is the Maximum Investment?
SBI allows customers to deposit up to ₹29,99,999 under this 211-day FD scheme.
The bank offers FD options starting from just 7 days, while the maximum FD tenure can go up to 10 years.
So, customers can choose a tenure based on how long they want to keep their money invested.
Senior Citizens Get an Extra Benefit
Senior citizens get an additional 0.50% interest over the regular FD rate.
Super senior citizens aged 80 years and above get another 0.10% benefit over the senior citizen rate.
That is why the 211-day FD can be more attractive for older depositors looking for relatively short-term investment options.
SBI FD Rates Have Remained Unchanged
One more thing investors should know is that SBI last revised its FD interest rates in December 2025.
Since then, there has been no major change in the bank’s FD rates.
Before investing, customers should still check the latest applicable rate and terms with SBI, as interest rates can change.
