Fixed Deposits (FDs) remain one of the most trusted investment options for Indians looking for safe and stable returns.
With interest rates changing based on RBI policy decisions, inflation, and market conditions, many investors closely track FD rates before investing.
If you’re planning to open an FD, State Bank of India (SBI) continues to offer attractive returns across different tenures in June 2026.
Here’s a look at the latest SBI FD rates and special deposit schemes.
SBI FD Interest Rates in June 2026
SBI offers FD interest rates ranging from 3.05% to 6.40% for general customers on deposits below ₹3 crore.
Senior citizens receive higher returns, with rates ranging from 3.55% to 7.05%, depending on the tenure.
Among regular FD options, the highest rate for general customers is 6.40% on deposits with a tenure of 2 years to less than 3 years.
For senior citizens, the highest return of 7.05% is available on deposits with a tenure of 5 years to 10 years.
SBI FD Rates at a Glance
| Tenure | General Citizens | Senior Citizens |
|---|---|---|
| 7 days to 45 days | 3.05% | 3.55% |
| 1 year to less than 2 years | 6.25% | 6.75% |
| 2 years to less than 3 years | 6.40% | 6.90% |
| 3 years to less than 5 years | 6.30% | 6.80% |
| 5 years to 10 years | 6.05% | 7.05% |
The senior citizen rates include the additional benefit available under SBI’s We-Care deposit scheme.
SBI’s Amrit Vrishti Scheme Offers Higher Returns
Apart from regular FDs, SBI also offers a special fixed deposit scheme called Amrit Vrishti.
This scheme comes with a tenure of 444 days and is designed for investors looking to lock in attractive returns for a shorter period.
Under the scheme, general customers currently receive an interest rate of 6.45%.
Senior citizens and super senior citizens are eligible for additional interest benefits, making the scheme an attractive option for retirees.
SBI Recurring Deposit: Start With Just ₹100
For investors who prefer saving regularly instead of investing a lump sum amount, SBI also offers Recurring Deposits (RDs).
The interest rates on RDs are the same as those offered on regular term deposits.
Some key features include:
Minimum deposit period: 12 months
Maximum deposit period: 120 months
Minimum monthly investment: ₹100
Deposits can be made in multiples of ₹10 thereafter
SBI also offers an additional 0.50% interest to senior citizens on recurring deposits.
However, customers should note that penalties may apply for delayed installment payments.
If six consecutive installments are missed, the RD account may be closed prematurely.
Extra Benefits for Super Senior Citizens
SBI provides an additional advantage for customers aged 80 years and above through its SBI Patrons scheme.
Under this benefit, super senior citizens receive an extra 0.10% (10 basis points) interest over and above the rate offered to regular senior citizens.
However, this additional benefit is not available on:
Recurring Deposits
Green Rupee Term Deposits
Tax Savings Scheme 2006
MODS Accounts
Capgain Scheme
Non-callable Term Deposits
What Is SBI Green Rupee Term Deposit?
SBI also offers the Green Rupee Term Deposit for investors interested in supporting environmentally focused initiatives.
The scheme is available for three specific tenures:
1111 days
1777 days
2222 days
The interest rates offered under this scheme are the same as SBI’s regular card rates for similar deposits.
Which SBI FD Option Looks Most Attractive?
For general investors, the 2-year to less than 3-year FD currently offers one of the highest returns at 6.40%.
Those looking for a shorter investment period may consider the Amrit Vrishti scheme, which offers 6.45% for 444 days.
Meanwhile, senior citizens can benefit from rates as high as 7.05%, making SBI FDs a popular choice for steady income and capital protection.
Bottom Line
SBI continues to offer competitive FD and RD interest rates in June 2026, especially for senior and super senior citizens.
Whether you’re looking for regular fixed deposits, a special short-term scheme like Amrit Vrishti, or a recurring deposit plan, SBI provides several options to suit different investment needs.
Before investing, compare the tenure, interest rate, and liquidity requirements to choose the option that best matches your financial goals.
