State Bank of Saurashtra
* * Housing loan up to Rs.30 lakh for 15 years @10.50% p.a. floating: EMI Rs.1106/- per lakh           * 9.50% interest for deposits of one year to less than 5 years             * Avail the facility of same day remittance of funds at par. Please contact the nearest branch for details
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Interest Rates - Deposit Schemes
Savings Bank A/c                3.50%   
A.Revised Deposit Rates for Public (Other than Senior Citizens) With effect from 01/07/2008:
Duration

For single deposit of less than Rs. 15 lacs.

For single deposit of Rs. 15 lacs & above and less thanRs. 1 Crore

Rate of Interest
% p.a.

Annualized yield at the start of the slab

Rate of Interest
% p.a.

Annualized yield at the start of the slab

7 days to 14 days

5.00

5.00

5.10

5.10

15 days to 45 days

7.00

7.00

7.10

7.10

46 days to 90 days

8.00

8.00

8.10

8.10

91 days to 179 days

8.25

8.25

8.35

8.35

180 days to less than 1 year

8.75

8.84

8.85

8.94

1 year to less than 3 years

9.50

9.84

9.60

9.95

3 years to less than 5 years

9.50

10.84

9.60

10.97

5 years and up to 10 years

9.25

11.59

9.35

11.75

No discretion to quote higher rates for deposits up to Rs. 1 crore on the above card rates.

B. Revised Deposit Rates for Senior Citizens (Public) with effect from 01/07/2008:

Duration

For single deposit of less than Rs. 15 lacs.

For single deposit of
Rs. 15 lacs & above and less than
Rs. 1.00 crore

Rate of Interest
% p.a.

Annualized yield at the start of the slab

Rate of Interest
% p.a.

Annualized yield at the start of the slab

1 year to less than 3 years

10.00

10.38

10.10

10.49

3 years to less than 5 years

10.00

11.50

10.10

11.63

5 years and up to 10 years

9.75

12.37

9.85

12.53


c.For single Domestic Deposit of Rupees 1 Crore and above please contact our Branch.
FCNR(B) DEPOSITS :   

(Effective from 01.08.2008)
(Irrespective of size of deposit)

Sr. No. Maturity Period
USD
GBP
EURO
AUD
CAD

1)

1 Year and above, but less than 2 years.

2.50%

5.42%

4.62%

7.37%

3.10%

2)

2 Years and above, but less than 3 years.

2.75%

4.88%

4.29%

6.57%

2.67%

3)

3 Years and above, but less than 4 years.

3.11%

4.87%

4.25%

6.50%

2.86%

4)

4 Years and above, but less than 5 years.

3.34%

4.85%

4.22%

6.52%

2.99%

5)

5 Years only.

3.49%

4.81%

4.19%

6.49%

3.10%

NRE RUPEE TERM DEPOSITS:
Maturity Period  

Revised interest rate w.e.f .01.08.2008
(Irrespective of size of deposit)

1 Year to less than 2 years

3.25%

2 Years to less than 3 years

3.50%

3 Years to less than 4 years

3.86%

4 Years to less than 5 years

3.86%

5 Years only

3.86%

NRE SAVINGS BANK DEPOSITS:

Period
Rate
FROM 18th NOVEMBER, 2005 ONWARDS*
3.50%
*AS PER DOMESTIC SB INTEREST RATES
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