The SBI Fixed Deposit Plans 2025 offer a range of options for investors seeking safety, steady returns, and flexible tenures. Whether you are a conservative investor, a senior citizen looking for extra income, or someone seeking tax-saving opportunities, SBI has a plan to suit your needs. Backed by the trust of India’s largest public sector bank, these FDs provide guaranteed returns without exposure to market volatility.
Types of SBI Fixed Deposit Plans in 2025
SBI offers various FD schemes tailored for different financial goals. Here’s a breakdown of the major plans:
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Regular Fixed Deposit
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Tenure: 7 days to 10 years
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Interest payout: Monthly, quarterly, or at maturity
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Suitable for general savings with flexible withdrawals.
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SBI Tax Saver FD
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Tenure: 5 years lock-in period
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Tax benefit: Eligible for deduction under Section 80C (up to ₹1.5 lakh)
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Suitable for tax-conscious investors.
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Reinvestment Plan
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Interest is compounded quarterly and paid on maturity
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Ideal for long-term wealth building.
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Annuity Deposit Scheme
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Deposit a lump sum and receive fixed monthly/quarterly income
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Suitable for retirees seeking regular payouts.
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Multi Option Deposit Scheme
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Linked to savings/current account
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Allows partial withdrawals without breaking the FD.
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SBI FD for Senior Citizens
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Additional 0.50% interest over regular rates
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Best suited for retirees seeking extra income and safety.
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Interest Rates for SBI FD Plans in 2025
Below is the latest interest rate chart for different tenures:
Tenure |
Interest Rate (General) |
Interest Rate (Senior Citizens) |
|---|---|---|
7 days – 45 days |
3.50% p.a. |
4.00% p.a. |
46 days – 179 days |
4.75% p.a. |
5.25% p.a. |
180 days – 210 days |
5.75% p.a. |
6.25% p.a. |
211 days –
| 6.00% p.a. |
6.50% p.a. |
1 year –
| 6.80% p.a. |
7.30% p.a. |
2 years –
| 6.75% p.a. |
7.25% p.a. |
3 years –
| 6.50% p.a. |
7.00% p.a. |
5 years – 10 years |
6.25% p.a. |
6.75% p.a. |
(Rates are indicative and subject to change.)
Benefits of SBI Fixed Deposit Plans
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Guaranteed Returns – Interest rates are locked for the deposit tenure.
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Flexibility – Wide range of tenures to suit short-term or long-term needs.
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Safety – SBI is a government-backed bank, ensuring security.
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Loan Against FD – Up to 90% of deposit value can be availed as a loan.
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Nomination Facility – Easy transfer to a nominee.
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Extra Benefit for Seniors – Higher rates for senior citizens.
Eligibility
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Resident individuals
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NRIs (Non-Resident Indians)
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Minors (with guardian)
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HUFs (Hindu Undivided Families)
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Companies and partnership firms
Documents Required
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Aadhaar Card
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PAN Card
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Passport-size photograph
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Address proof
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Existing SBI account details
How to Open an SBI FD in 2025
Online Method (SBI Net Banking / YONO App)
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Log in to SBI Net Banking or YONO app.
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Select “Deposit” and choose “Fixed Deposit”.
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Enter deposit amount, tenure, and FD type.
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Confirm and submit.
Offline Method (Branch Visit)
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Visit the nearest SBI branch.
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Fill out the FD application form.
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Submit KYC documents and deposit amount.
Taxation on SBI FD
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Interest is taxable as per your income tax slab.
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TDS applies if annual interest exceeds ₹40,000 (₹50,000 for senior citizens).
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Use Form 15G/15H to avoid TDS if eligible.
Tips to Choose the Best SBI FD Plan in 2025
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For short-term goals, choose a 6–12 month FD.
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For tax savings, opt for the SBI Tax Saver FD.
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For regular income, go for the Annuity Deposit Scheme.
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For senior citizens, select the special senior citizen FD for extra interest.
FAQs
Which SBI FD plan is best for tax savings?
The SBI Tax Saver FD with a 5-year lock-in is best for tax benefits under Section 80C.
Can I break my FD before maturity?
Yes, but a small penalty applies on the interest rate.
Do SBI FDs have auto-renewal?
Yes, you can choose auto-renewal at the time of booking.
How much can a senior citizen earn extra on SBI FD?
Senior citizens earn an additional 0.50% interest.
Can I open an SBI FD without a savings account?
Yes, but you will need to complete full KYC at the branch.
Click here to know more.