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If you have FD in SBI, pay attention, has the bank reduced your earnings by reducing the interest? Know how much return you will get in 5 years now.

Siddhi Jain | June 16, 2025 10:15 PM CST

The country's largest and most trusted bank, State Bank of India (SBI), has taken a decision that is going to give great relief to crores of customers. Yes, SBI has cut the interest rates by 0.5 percent.

After the Reserve Bank of India (RBI) cut the repo rate by 0.50 percent, now banks are seen cutting the interest rates of loans and FDs. Meanwhile, the country's largest lender State Bank of India (SBI) has also made an announcement. SBI has cut interest rates by 0.5 percent, making loans cheaper for both existing and new borrowers,

SBI cut

SBI has decided after the Reserve Bank of India (RBI) cut the policy rate by 0.5 percent. With a 0.5 percent cut in SBI's repo-based interest rate (RLLR), it has now become 7.75 percent. The external benchmark-based interest rate (EBLR) was also cut by 0.5 percent and it has now become 8.15 percent from 8.65.

According to the updated rate information given on SBI's website, the revised rates have come into effect from June 15, 2025. With this move of the bank, loans linked to repo-based interest will be cheaper. This will benefit new and existing retail customers taking housing, vehicle, and personal loans as well as micro, small, and medium enterprises (MSME) borrowers.

Let us tell you that on June 6, RBI reduced the key policy rate repo by 0.5 percent to 5.5 percent. Along with this, it announced to reduce the cash reserve ratio (CRR) by one percent to three percent.

Know SBI Bank FD interest rates

-7 days to 45 days: For general people – 3.05%, For senior citizens – 3.55%
-46 days to 179 days: For general people – 5.05%, For senior citizens – 5.55%
-180 days to 210 days: For general people – 5.80%, For senior citizens – 6.30%
-211 days to less than 1 year: For general people – 6.05%, For senior citizens – 6.55%
-1 year to less than 2 years: For general people – 6.25%, For senior citizens – 6.75%
-2 years to less than 3 years: For general people – 6.45%, For senior citizens – 6.95%
-3 years to less than 5 years: For general people – 6.30 %, for senior citizens – 6.80%
-5 years to 10 years: for general public – 6.05%, for senior citizens – 7.05%