State Bank of Mysore Interest Rates on FD, Dec 2016

Fixed Deposit Interest Rate of State Bank of Mysore

Last Updated 25th Nov 2016
Tenure General Rates Senior Citizen Rates
7 days to 45 days 5.50% 6.00%
46 days to 90 days 6.50% 7.00%
91 days to 179 days 6.50% 7.00%
180 days to 210 days 6.75% 7.25%
211 days to 364 days 7.00% 7.50%
365 days to 455 days 6.90% 7.40%
456 days to 1 year 364 days 6.95% 7.45%
2 years to 2 years 364 days 6.85% 7.35%
3 years to 4 years 364 days 6.50% 7.00%
5 years to 10 years 6.50% 7.00%
Read Latest News on State Bank of Mysore Here
  • State Bank of Mysore offers FD interest rates upto 7.00% per annum.
  • Interest on deposits with State Bank of Mysore is typically compounded quarterly.
  • State Bank of Mysore accepts deposits starting at Rs. 1000 for various tenures.
  • For senior citizens (age more than 60 years), State Bank of Mysore offers higher interest rate over and above rates mentioned below.
Calculate State Bank of Mysore
FD Maturity Amount

State Bank of Mysore Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdraw your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, State Bank of Mysore pays 1% lower ROI than that applicable for actual duration of deposit.
X

Loan against State Bank of Mysore FD

  • State Bank of Mysore offers loan upto 90% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

State Bank of Mysore Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with State Bank of Mysore, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of State Bank of Mysore in your city - Find State Bank of Mysore Branches here

click here to Compare
  • State Bank of Mysore FD rates with other banks in India

Apply Loan Online
 Salaried   Self Employed - Professional   Self Employed - Business 






I authorize MyLoanCare, its partners to contact me. This over rides my number being in NDNC registry
News - Dec 2016
26th Oct 16 State Bank of Mysore posts loss in second quarter, bad loans surges three times
State Bank of Mysore reported a loss of Rs. 183.5 crore in the second quarter ended on September 30 as compared to net profit of Rs. 131 crore during the July to September quarter in FY16 due to rise in the bad loans. Total income of the bank in the second quarter also declined to Rs. 1,947.63 crore from Rs. 1,969.96 crore in corresponding period a year ago.
26th Jul 16 State Bank of Mysore posts Rs 472 crore loss in Q1 on bad loans
State Bank of Mysore posted a net loss of Rs. 471.88 crore in the June quarter of FY17 due to growing bad loans which resulted into a sevenfold jump in the provision for bad loans to Rs. 1037.78 crore in the June quarter of FY17. Total Income of the bank increased to Rs. 1987.63 crore in the June quarter of FY17. Gross NPAs as a percentage to Gross Advances increased to 7.83 per cent. Similarly, Net NPAs percentage also jumped to 4.65 per cent as of June 2016.
25th Nov 15 SBM launches soft loan for affordable housing
State Bank of Mysore launched a new home loan scheme aimed at promoting affordable housing among the lower income customers
*My Finance Care Advisors Pvt. Ltd., or https://www.myloancare.in is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at info@myloancare.in to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.