SBI cuts fixed deposit rates on select tenors after RBI’s 25‑bps repo cut. Check new FD rates here

Apart from this specific tenor, SBI has chosen to retain rates across other maturity slabs, highlighting the ongoing challenge of attracting and retaining depositors amid softening rates.

SBI latest FD rates for general customers

The FD rate chart effective 15 December 2025 for general customers is as follows: for tenures of 7 to 45 days, the rate is 3.05%; 46 to 179 days, 4.90%; 180 to 210 days, 5.65%; 211 days to less than 1 year, 5.90%; 1 to 2 years, 6.25%; 2 to 3 years, 6.40%; 3 to 5 years, 6.30%; and 5 to 10 years, 6.05%.

SBI latest FD rates for senior citizens

Senior citizens will continue to earn higher returns across all tenors. Effective 15 December 2025, FD rates for senior citizens are: 3.55% for 7–45 days; 5.40% for 46–179 days; 6.15% for 180–210 days; 6.40% for 211 days to less than 1 year; 6.75% for 1–2 years; 6.90% for 2–3 years; 6.80% for 3–5 years; and 7.05% for 5–10 years.

The bank has also revised its special ‘444-day’ Amrit Vrishti scheme. The FD rate under this plan has been reduced from 6.60% to 6.45%, in line with the broader downward adjustment in deposit rates.

These moves follow the RBI’s 25-basis-point cut in the policy repo rate, its fourth reduction of the year, aimed at supporting economic growth. In step with the central bank’s decision, SBI has fully transmitted the benefit to borrowers.

During the interaction, he stressed the need for banks to transmit the recent policy rate cuts to customers, highlighting that such a move is essential to support sustainable and broad-based economic growth.

Since February 2025, the RBI has reduced the key policy repo rate by 125 basis points, bringing it down to 5.25 per cent. The Governor noted that these rate cuts were aimed at strengthening economic momentum, especially as India recorded a robust 8 per cent GDP growth in the first half of the current financial year.