FD Interest Rates 2024

State Bank of Travancore Fixed Deposit

State Bank of Travancore Fixed Deposit

Last Updated : March 27, 2017, 6:26 p.m.

About State Bank of Travancore Fixed Deposit

State Bank of Travancore (SBT), a subsidiary of State Bank of India (SBI), is a major banking institution in Kerala. Founded in 1945, the bank has gone through leaps and bounds over the years to build an extensive network of around 1,200 branches and 1600 ATMs that span across 18 states and three union territories.

The bank offers fixed deposit schemes at an interest rate of 5%-7% per annum to both domestic individuals as well as non-resident Indians (NRIs). As interest rate differs between different periods, you must get acquainted with the interest rates of all the periods to know as to when and with how much deposit you can achieve your investment goal. We can help you by providing the deposit interest rates in the table below.

State Bank of Travancore Fixed Deposit Interest Rate

Domestic Fixed Deposit Rates on Deposits of Below 1 Crore (Deposits as on Oct 3, 2016)

PeriodGeneral PublicSenior Citizens
7-14 Days5.25%5.25%
15-45 Days5.25%5.25%
46-90 Days6.00%6.00%
91-180 Days6.50%6.50%
181-364 Days6.75%6.75%
1 Year-Below 2 Years6.75%7.15%
2 Years-Below 3 Years7.25%7.65%
3 Years- Below 5 Years7.00%7.40%
5 Years-10 Years7.00%7.40%

Domestic Fixed Deposit Rates on Deposits of 1 Crore and More (Deposits as on Oct 3, 2016)

PeriodInterest Rates
7-14 Days4.75%
15-45 Days4.75%
46-90 Days5.00%
91-180 Days5.25%
181-364 Days5.50%
1 Year-Below 2 Years6.25%
2 Years-Below 3 Years6.00%
3 Years- Below 5 Years6.00%
5 Years-10 Years6.00%

NRO Fixed Deposit Rates on Deposits of Below 1 Crore (Deposit Rates as on Oct 3, 2016)

PeriodInterest Rates
7-14 Days5.25%
15-45 Days5.25%
46-90 Days6.00%
91-180 Days6.50%
181-364 Days6.75%
1 Year-Below 2 Years6.75%
2 Years-Below 3 Years7.25%
3 Years- Below 5 Years7.00%
5 Years-10 Years7.00%

NRO Fixed Deposit Rates on Deposits of 1 Cr and More (Deposit Rates as on Oct 3, 2016)

PeriodInterest Rates
7-14 Days4.75%
15-45 Days4.75%
46-90 Days5.00%
91-180 Days5.25%
181-364 Days5.50%
1 Year-Below 2 Years6.25%
2 Years-Below 3 Years6.00%
3 Years- Below 5 Years6.00%
5 Years-10 Years6.00%

RE Fixed Deposit Rates on Deposits of Below 1 Cr (Deposit Rates as on Oct 3, 2016)

PeriodInterest Rates
1 Year-Below 2 Years6.75%
2 Years-Below 3 Years7.25%
3 Years- Below 5 Years7.00%
5 Years-10 Years7.00%

NRE Fixed Deposit Rate on Deposits of 1 Cr and More (Deposit Rates as on Oct 3, 2016)

PeriodInterest Rates
1 Year-Below 2 Years6.75%
2 Years-Below 3 Years7.25%
3 Years- Below 5 Years7.00%
5 Years-10 Years7.00%

State Bank of Travancore Fixed Deposit Calculator

Unaware of what you are going to end with on your proposed deposit amount? Use the fixed deposit calculator that will compute the very figure by taking into account the deposit amount, interest rate, interest option of payout or compounding, and the deposit period. So feed in these details and get the expected sum before you. This will only help you choose the right period of investment for maximum earnings.

State Bank of Travancore Fixed Deposit Form

Opening a fixed deposit account at State Bank of Travancore will require you to access the application form, which you can find either at the bank branch or its website. After accessing the form, you must fill in details like your name, date of birth, addresses and others, as well as affix your signature on the same. Get ready with the relevant identity and address proofs, which you have to submit along with the form to the bank staff. Upon thorough investigation, the bank will open your fixed deposit account bearing a specific number.

Documents Required

  • Duly Filled Fixed Deposit Account Opening Form
  • Cheque
  • 2-3 Passport Size Photographs
  • Identity Proof- Passport, PAN Card, Driving License, Voter ID, Aadhaar Card, Photo Ration Card, Senior Citizen ID Card
  • Address Proof- Passport, Electricity Bill, Telephone Bill, Bank Statement, Certificate or ID Card Issued by Post Office

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