State Bank of Bikaner and Jaipur (SBBJ), an associate bank of State Bank of India (SBI), India’s largest bank with around 15,000 branches across India and overseas, offers a slew of fixed deposit schemes with attractive interest rates. In addition, senior citizens can avail a benefit of additional interest rate over the applicable rate as on the period of deposit. So, without any ado, let’s get on with the interest rate chart of SBBJ fixed deposits.
Domestic Deposit Rates
Interest Rates for Deposit Below ₹1 Crore (Rates as on 30th Sep, 2016)
Period | General Public | Senior Citizens |
---|---|---|
7-14 Days | 5.50% | 5.50% |
15-45 Days | 5.50% | 5.50% |
46-90 Days | 5.50% | 5.50% |
91-179 Days | 6.50% | 6.50% |
180 Days-Below 1 Year | 6.75% | 7.25% |
1 Year-Below 3 Years | 7.25% | 7.75% |
3 Years | 7.25% | 7.75% |
3-5 Years | 7.00% | 7.50% |
Above 5-10 Years | 7.00% | 7.50% |
Interest Rates for Deposit of ₹1 Cr-10 Cr (Rates as on 30th Sep, 2016)
Period | General Public | Senior Citizens |
---|---|---|
7-14 Days | 5.50% | 5.50% |
15-45 Days | 5.50% | 5.50% |
46-90 Days | 5.50% | 5.50% |
91-179 Days | 6.50% | 6.50% |
180 Days-Below 1 Year | 6.75% | 6.75% |
1 Year-Below 3 Years | 7.20% | 7.45% |
3 Years | 7.00% | 7.25% |
3-5 Years | 6.75% | 7.00% |
Above 5-10 Years | 6.75% | 7.00% |
Tax-Saver Fixed Deposit Rates (Rates as on 30th Sep, 2016)
Period of Deposit | General Public | Senior Citizens |
---|---|---|
5 Years | 7.00% | 7.50% |
NRO Fixed Deposit Rates
Interest Rates for Deposit Below ₹1 Cr (Rates as on 30th Sep, 2016)
Period | Interest Rates |
---|---|
7-14 Days | 5.50% |
15-45 Days | 5.50% |
46-90 Days | 5.50% |
91-179 Days | 6.50% |
180 Days-Below 1 Year | 6.75% |
1 Year | 7.25% |
1 Year-Below 3 Years | 7.25% |
3-5 Years | 7.00% |
Above 5-10 Years | 7.00% |
Interest Rates for Deposit of ₹1 Cr-10 Cr (Rates as on 30th Sep, 2016)
Period | Interest Rates |
---|---|
7-14 Days | 5.50% |
15-45 Days | 5.50% |
46-90 Days | 5.50% |
91-179 Days | 6.50% |
180 Days-Below 1 Year | 6.75% |
1 Year | 7.20% |
1 Year-Below 3 Years | 7.00% |
3-5 Years | 6.75% |
Above 5-10 Years | 6.75% |
NRE Fixed Deposit Rates
Interest Rates for Deposit Below ₹1 Crore (Rates as on 30th Sep, 2016)
Period | Interest Rates |
---|---|
1 Year | 7.25% |
1 Year-Below 3 Years | 7.25% |
3-5 Years | 7.00% |
Above 5-10 Years | 7.00% |
Interest Rates for Deposit of ₹1 Cr-10 Cr (Rates as on 30th Sep, 2016)
Period | Interest Rates |
---|---|
1 Year | 7.20% |
1 Year-Below 3 Years | 7.00% |
3-5 Years | 6.75% |
Above 5-10 Years | 6.75% |
SBBJ Fixed Deposit Schemes
The bank offers a wide range of fixed deposit schemes, including SBBJ Flexi Deposit Scheme, Term Deposit Scheme, Special Term Deposit Scheme, Capital Gain Scheme 1988, SBBJ Tax Saver Term Deposit Scheme and Special Scheme for Senior Citizens.
SBBJ Flexi Deposit Scheme
- Available for NRIs and minors with an age of more than 10 years
- Savings bank account mandatory to book this scheme
- Minimum deposit amount- ₹5,000 and in multiples of ₹1,000
- Minimum deposit period-6 months
- Maximum deposit period-5 years
Term Deposit Scheme
- Minimum deposit amount-₹1,000
- Maximum Deposit Period-10 years
- You can withdraw interest on a monthly or quarterly basis at discounted rates
Special Term Deposit Scheme
- Minimum deposit amount-₹1,000 and in multiples of ₹100
- Minimum deposit period-6 months
- Maximum deposit period-10 years
Capital Gain Scheme 1988
- Available for individuals, HUFs or associations
- Eligible for tax exemption under sections 54, 54B, 54D, 54F and 54G of the Income Tax Act.
- Minimum deposit amount-₹5,000
- Maximum deposit amount- 2-3 years
- Premature withdrawal allowed only after a letter from a competent Income Tax Officer
SBBJ Tax Saver Term Deposit Scheme
- Comes with a lock-in period of 5 years
- No premature withdrawal
- Gains tax exemption under Section 80C of the Income Tax Act
Special Scheme for Senior Citizens
- Made for senior citizens
- Additional interest rate over the normal rate