Is SBI going to increase FD rates?

At present, SBI offers highly competitive domestic FD interest rates that can go up to 7.05% p.a. for senior citizens and 6.40% for the general public.

What is the interest rate for FD in SBI for 5 years?

If you are aged below 60, you can get 6.05% p.a. upon opening an SBI fixed deposit account for 5 years. On the other hand, senior citizens (above 60) get an additional 1% interest on their deposits.

Is it good to invest in FD now?

If you are planning to invest for the long term, then you can rely on bulk FD investments and earn interest until your investment matures. Before investing, you can explore the different available FD options ranging from 7 days to 5 years through the Stable Money platform.

Do senior citizens get extra benefits on SBI FDs?

Yes, senior citizens receive a premium of up to 50 bps, while super senior citizens receive an additional 10 bps.

What are non-callable SBI FDs?

These are high-value deposits that offer higher interest but do not allow premature withdrawal.

How Much Has the SBI FD Interest Rate Changed from 2022 to 2026?

Subhodip Das

Author Updated on Mar 26, 2026

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The SBI FD rates have changed a lot since 2022. The major reason why the fixed deposit rates change is the fluctuation in RBI’s repo rate. This fluctuation impacts the cost of funds for banks, hence the movement in fixed deposit rates. Over the period from 2022 to 2026, SBI implemented multiple rate changes on retail domestic term deposits, aligned with shifts in RBI policy rates, inflation trends, and liquidity conditions. Currently, SBI FD rates are between 3.05% and 7.05%.

Let us look at how SBI’s fixed deposit rates have changed over time and what that means for current investment decisions.

Revised Fixed Deposit Interest Rates in SBI from 2022 to 2026

Most Indian banks adjusted their fixed deposit rates in May 2022 once following the updated policy guidelines of the Reserve Bank of India. SBI was one of those banks, and even later, throughout the period 2022-2026, the bank further revised the fixed deposit interest rates.

Here’s a table showing you the interest changes over time:

Tenure	SBI FD Interest Rates 2022 (For General Citizens)	SBI FD Interest Rates 2026 (For General Citizens)	SBI FD Interest Rates 2022 (For Senior Citizens)	SBI FD Interest Rates 2026 (For Senior Citizens)
7 days to 45 days	3.00%	3.05%	3.50%	3.55%
46 days to 179 days	4.50%	4.90%	5.00%	5.40%
180 days to 210 days	5.25%	5.65%	5.75%	6.15%
211 days to less than 1 year	5.75%	5.90%	6.25%	6.40%
1 year to less than 2 years	6.75%	6.25%	7.25%	6.75%
2 years to less than 3 years	6.75%	6.40%	7.25%	6.90%
3 years to less than 5 years	6.25%	6.30%	6.75%	6.80%
5 years and up to 10 years	6.25%	6.05%	7.25%	7.05%
444 days (Amrit Vrishti Scheme)	NA	6.45%	NA	6.95%

As per declarations published on the official website of the State Bank of India, the new interest rates will be applied to fresh fixed deposits. Also, if you opt for renewal of your existing FD account then you can enjoy these additional returns.

Current SBI FD Rates 2026

SBI’s current fixed deposit rates apply to retail domestic term deposits below ₹3 crore and are valid from 15 December 2025. These rates reflect a stabilisation phase after multiple hikes, with selective revisions in the 2–3 year bucket.

A detailed and updated SBI FD rates table is available on our dedicated SBI FD Rates page, where interest values are dynamically updated based on official notifications.

Latest SBI FD Interest Rates

Tenure	General Public	Senior Citizens
7 days – 45 days	3.05%	3.55%
46 days – 179 days	4.90%	5.40%
180 days – 210 days	5.65%	6.15%
211 days – < 1 year	5.90%	6.40%
1 year – < 2 years	6.25%	6.75%
2 years – < 3 years	6.40%	6.90%
3 years – < 5 years	6.30%	6.80%
5 years – 10 years	6.05%	7.05%

You can book higher returns via Stable Money, a unique platform that allows users to explore different high-income fixed deposit schemes, offering interest rates of up to 8.30% p.a. While you explore the changes made by State Bank of India in FD rates from 2022, don't skip the opportunity to book better returns.

Download the Stable Money app to book FD offering 8.30% p.a. returns.

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About the Author

Subhodip Das

With an experience of 13 years in the field of Digital Marketing, Subhodip Das specialises in Content. Writing and Marketing Strategies. He has worked with well-established organisations and startups helping them achieve increased search engine visibility. An avid researcher on market investment, Subhodip is also a passionate cook and foodie.

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How Much Has the SBI FD Interest Rate Changed from 2022 to 2026?

Revised Fixed Deposit Interest Rates in SBI from 2022 to 2026

Current SBI FD Rates 2026

Latest SBI FD Interest Rates

Frequently Asked Questions

Is SBI going to increase FD rates?

What is the interest rate for FD in SBI for 5 years?

Is it good to invest in FD now?

Do senior citizens get extra benefits on SBI FDs?

What are non-callable SBI FDs?

About the Author

Subhodip Das

Disclosure and Compliance

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Disclosure and Compliance

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