State Bank of Bikaner and Jaipur, also known as SBBJ, is a leading public sector bank with its branches located in numerous locations across India. In addition to the regular banking services, SBBJ offers competitive interest rates on fixed deposits to its customers.
Customers have the option to go for fixed deposit schemes with a tenure ranging between 7 days to 10 years. The rate of interest on FDs keeps on varying depending upon the bank policies and market rates.
Short Term Fixed Deposit Rates offered by SBBJ
For short term fixed deposits with tenure less than 1 year, the interest rate offered by State Bank of Bikaner and Jaipur varies between 5.75% and 6.80%. The minimum interest rate of 5.75% applies to the FD for the shortest tenure, ranging between 7 days and 45 days.
It increases to 6.25% for those with the tenure of 45 to 90 days, 6.25% for the tenure of 91 to 179 days and the highest rate of 6.35% applies to fixed deposits with tenure ranging from 180 days to 365 days.
Medium and Long Term Fixed Deposit Rates offered by SBBJ
For the fixed deposits of tenure between 2 and 5 years, an attractive interest rate of 6.00% is offered to the depositors. In case of senior citizens, the bank gives an additional 0.50% interest to them over and above the regular rate of interest offered on the fixed deposits. These special interest rates apply to all deposits up to the amount of Rs 1 crore, with tenure exceeding one year.
SBBJ Fixed Deposit Interest Rates For Retail Domestic Term Deposits ( Revised 28 November 2018):
| TIME PERIOD | BELOW ONE CRORE | ABOVE 1-10 CRORE | ||
|---|---|---|---|---|
| Interest Rate (% per annum) |
Senior Citizen Rates (% per annum) |
Interest Rate (% per annum) |
Senior Citizen Rates (% per annum) |
|
| 7 Days to 14 Days | 5.75% | 6.25% | 5.75% | 6.25% |
| 15 Days to 30 Days | 5.75% | 6.25% | 5.75% | 6.25% |
| 31 Days to 45 Days | 5.75% | 6.25% | 5.75% | 6.25% |
| 46 Days to 60 Days | 6.25% | 6.75% | 6.25% | 6.75% |
| 61 Days to 90 Days | 6.25% | 6.75% | 6.25% | 6.75% |
| 91 Days to 180 Days | 6.25% | 6.75% | 6.25% | 6.75% |
| 181 Days to 210 days | 6.35% | 6.85% | 6.35% | 6.85% |
| 211 Days to 1 year | 6.40% | 6.90% | 6.40% | 6.90% |
| 1 Year to 2 years | 6.80% | 7.30% | 6.70% | 7.20% |
| 2 Years to 3 Years | 6.80% | 7.30% | 6.75% | 7.25% |
| 3 Years to 5 Years | 6.80% | 7.30% | 6.80% | 7.30% |
| 5 Years to 10 Years | 6.85% | 7.35% | 6.85% | 6.35% |
SBBJ Fixed Deposit Interest Rates Above ’10 Crore’ ( Revised 30 July 2018):
| Maturity Period | Interest Rate
(% p.a.) |
Interest Rate for Senior Citizen
(% p.a.) |
|---|---|---|
| 7 days to 45 days | 5.75% | 6.25% |
| 45 days to 180 days | 6.25% | 6.75% |
| 180 days to 210 days | 6.35% | 6.85% |
| 210 days – 1 year | 6.40% | 6.90% |
| 1 year – 455 days | 6.70% | 7.20% |
| 455 days – 2 years | 6.70% | 7.20% |
| 2 years to 3 years | 6.75% | 7.25% |
| 3 years to 5 years | 6.80% | 7.30% |
| 5 years to 8 years | 6.85% | 7.35% |
| 5 years to 10 years | 6.85% | 7.35% |
SBBJ NRO Fixed Deposit Rates ( Revised 28 November 2018) :
| Time Period | Below 1 Crore (% p. a.) | Above 1-10 Crore (% p.a) | Above 10 Crore (% p.a) |
|---|---|---|---|
| 7 days to 45 Days | 5.75% | 5.75% | 5.75% |
| 46 days to 60 Days | 6.25% | 6.25% | 6.25% |
| 61 days to 179 Days | 6.25% | 6.25% | 6.25% |
| 180 days to 210 Days | 6.35% | 6.35% | 6.35% |
| 211 Days – 1 Year | 6.40% | 6.40% | 6.40% |
| 1 Year – 455 Days | 6.80% | 6.70% | 6.70% |
| 456 Days – 2 years | 6.80% | 6.70% | 6.70% |
| 2 years to 5 years | 6.80% | 6.80% | 6.80% |
| 5 years to 10 years | 6.85% | 6.85% | 6.85% |
SBBJ NRE Fixed Deposit rates ( Revised 28 November 2018) :
| Time Period | Below 1 crore (% p.a.) | Above 1-10 Crore (% p.a.) | Above 10 Crore (% p.a.) |
|---|---|---|---|
| 1 Year – 455 Days | 6.80% | 6.70% | 6.70% |
| 456 Days – 2 Years | 6.80% | 6.70% | 6.70% |
| 2 years to 3 Years | 6.80% | 6.70% | 6.75% |
| 3 years to 5 Years | 6.80% | 6.80% | 6.80% |
| 5 years to 10 Years | 6.85% | 6.85% | 6.85% |
Important Notes:
- Minimum deposit amount is Rs 10000 for senior citizens.
- Extra .50% for senior citizens, 1% for staff and 1.50% for ex-staff senior citizens is applicable for the deposit period above 1 year.
- For the deposit 5 lacs-1 Crore, 1% penalty will be charged for premature closing.