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State Bank of Mysore Interest Rates on FD, Jul 2017

Last Updated 31st Mar 2017

Fixed Deposit Interest Rate of State Bank Mysore (Now SBI)

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 6.50% 7.00%
211 days to 364 days 6.50% 7.00%
365 days to 455 days 6.90% 7.40%
456 days to 1 year 364 days 6.75% 7.25%
2 years to 2 years 364 days 6.75% 7.25%
3 years to 4 years 364 days 6.50% 7.00%
5 years to 10 years 6.50% 7.00%
State Bank of Mysore FD Maturity Calculator
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State Bank of Mysore FD Interest Rates

  • 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.

State Bank of Mysore Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdrawal 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.

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

About State Bank of Mysore

State Bank Of Mysore Fixed Deposit

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