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Old July 21st, 2016, 12:15 PM
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Join Date: Nov 2011
Default Re: SBOP Bank Interest Rates

The State Bank of Patiala extends its competitive interest rates for its Fixed Deposit accounts with short tenures.

Short tenure fixed deposits ensure that the investor can maintain sufficient liquidity between investments.

Tenures as short as 30 days and 60 days earn returns at the rate of 6.5% p.a.

90 days and 120 days tenures also offer interest at the rate of 6.5%
120 days tenures are also offered with the interest rate of 6.5% p.a.

The best returns in the short term category can be earned with 60 days tenures.

BASE RATE – 9.65% W.E.F. 05.10.2015
BPLR – 15 % w.e.f. 05.10.2015

For domestic deposits - Less than Rs. 1cr (last revised on Oct 03, 2015)

Maturity Period Deposit Amount Interest Rate (% p.a) General Senior Citizen

7 days to 90 days Less than Rs. 1cr 6 6
91 days to 180 days Less than Rs. 1cr 6.75 6.75
181 days to 270 days Less than Rs. 1cr 6.8 6.8
271 days to less than 1 year Less than Rs. 1cr 7.27 7.27
1 year to 555 days Less than Rs. 1cr 7.77 8.17
556 days to less than 5 year Less than Rs. 1cr 7.52 7.92
5 years to less than 10 years Less than Rs. 1cr 7.42 7.82
Deposit for 18 Years Less than Rs. 1cr 7.42 N.A

For domestic deposits - RS. 1 Cr to Rs 5 CRS:

Maturity Period Deposit Amount Interest Rate (% p.a)
General Senior Citizen

7 days to 90 days Rs. 1 cr to Rs 5 crs 6.5 N.A
91 days to 180 days Rs. 1 cr to Rs 5 crs 7.25 N.A
181 days to 270 days Rs. 1 cr to Rs 5 crs 7.3 N.A
271 days to less than 1 year Rs. 1 cr to Rs 5 crs 7.35 N.A
1 year to 554 days Rs. 1 cr to Rs 5 crs 7.75 N.A
555 days Rs. 1 cr to Rs 5 crs 7.77 N.A
556 days to less than 5 year Rs. 1 cr to Rs 5 crs 7.77 N.A
5 years to less than 10 years Rs. 1 cr to Rs 5 crs 7.5 N.A
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