SBI FD Calculator — State Bank of India Fixed Deposit — FY 2026-27

SBI FD rates by tenure (FY 2026-27, verify at sbi.co.in): 7-180 days: 4.75-6.25%; 181 days to 1 year: 6.75%; 1-2 years: 6.75%; 2-3 years: 6.75%; 3-5 years: 6.50%; 5-10 years: 6.50%. Senior citizens get +0.5% uniformly. Rates revise every quarter based on RBI repo + internal cost-of-funds.

SBI Amrit Kalash is a special 400-day FD at 7.10% (7.60% for senior citizens). Available for domestic deposits below ₹2 crore. Typically offered during festive promotions (Diwali/Dussehra). Check sbi.co.in for current availability — specials are withdrawn periodically.

SBI uses quarterly compounding by default: Maturity = P × (1 + r/4)^(4 × t), where r = annual rate, t = tenure in years. For a ₹5 L FD at 6.75% for 5 years: maturity = ₹7,01,213 (interest ₹2,01,213). Monthly or simple-interest FDs use different formulas — specify on account opening.

When combined FD interest across all SBI branches exceeds ₹40,000/year (₹50,000 for senior citizens per Section 194A FY 2026-27). TDS rate: 10% with PAN, 20% without. Submit Form 15G (below 60) or 15H (senior) annually at your home branch if total income is below basic exemption — SBI then credits interest gross.

Yes, with a 0.5-1% penalty on the applicable rate. For FDs up to ₹5 L broken within 7 days: no interest. Between 7 days and original tenure: interest at (applicable rate for actual period − 0.5%). For NRIs: 1% penalty, minimum 1-year deposit required for interest. Check SBI's premature-withdrawal table before breaking.