Find the latest State Bank of India CD Rates, Offers, and Promotions here.
Some of the best State Bank of India CD Rates such as 2.27% APY 15-Month Senior Citizen CD and 2.22% APY 12-Month Senior Citizen CD.
Table of Contents
About State Bank of India
With headquarters in Mumbia, State Bank of India has been expanding for over 200 years to provide their members with the best customer service and financial tools. They are the oldest commercial bank on the Indian subcontinent.
State Bank of India offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you.
This is ideal for accounts like Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.
*While State Bank of India does have competitive rates with their launch, their product line is limited. I recommend to take a look at Discover Bank Promotions here
|DISCOVER CD TERM||RATE||LINK|
|12-Month Term||2.10% APY||Apply Now|
|24-Month Term||2.15% APY||Apply Now|
|36-Month Term||2.15% APY||Apply Now|
|48-Month Term||2.15% APY||Apply Now|
|84-Month Term||2.25% APY||Apply Now|
State Bank of India CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make.
With as little as $2,500, you can invest in a State Bank of India CD account to maximize your earnings. Compare their offering now to find the solutions that fit best with your savings goals. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.
- Minimum deposit: $2,500
- Maximum deposit: None
- Early withdrawal penalty: Amount not specified
|Term||APY Rate||Minimum Deposit|
|12 Month (Senior)||2.22%||$2,500|
|24 Month (Senior)||2.22%||$2,500|
|36 Month (Senior)||2.27%||$2,500|
|60 Month (Senior)||2.32%||$2,500|
State Bank of India CD Features
- Low minimum balance requirement
- Competitive rates on all CD terms
- Free online and mobile banking
- Insured by the FDIC up to the maximum allowed by law
With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs. Take advantage of a low required minimum balance of just $2,500.
This is a great opportunity to invest in a high-interest CD from State Bank of India. However, you may want to compare them with our best CD Rates:
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 12-Month CD Rates
- Best 18-Month CD Rates
- Best 24-Month CD Rates
- Best 36-Month CD Rates
- Best 48-Month CD Rates
- Best 60-Month CD Rates
You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience. Check back often for the latest State Bank of India CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
The best bank bonuses are updated here. Check the below pages to get started with some of the best offers:
• Chase Bank Bonuses. Read about several offers for their Checking, Savings and Business accounts. Chase usually offers the most sign-up bonuses of all the big banks.
• TD Bank Bonuses. TD Bank consistently offers great Checking account bonuses all year long. Savings account offers are less frequently available.
• Huntington Bank Bonuses. Bonus offers for their Checking accounts are only available for limited periods throughout the year. They also have great options for those looking for a free Checking account (no monthly fees).
• Discover Bank Bonuses. Discover Bank offers top cashback, savings, money market accounts and CD rates for you to take advantage of. Discover has industry leading selections to cater to your banking needs.