US Dollars Term Deposit: w.e.f. 06.07.2026
|
Sr no |
Tenor |
Below USD 1 Mio Interest rate. |
USD 1 Mio and above Interest rate. |
Remarks |
|---|---|---|---|---|
| 1. | 7d to 1m | 3.45% | 3.55% |
20 bps penalty on interest in case of premature closure (on the rate applicable for actual deposit tenor) Interest on deposits will be calculated on Actual No of Days / 360 (simple interest) |
| 2. | 1m1d to 2m | 3.60% | 3.70% | |
| 3. | 2m 1d to 3m | 3.90% | 4.00% | |
| 3. | 3m 1d to 6m | 4.20% | 4.30% | |
| 4. | 6m 1d to 9m | 4.35% | 4.45% | |
| 5. | 9m 1d to 12m | 4.65% | 4.75% | |
| 6. | 1 Yr 1d to 3 Yrs | 4.15% | 4.25% | |
| 7. | 3Yrs 1d to 5 Yrs | 3.65% | 3.75% |
Account Type Interest Rate
|
Savings Account Interest will be calculated on Actual No of Days/ 360 (simple interest). SBI IBU Offers interest only USD Saving Account at present. For Transaction charges related queries, kindly contact branch. |
2.50% |
|
Regular Current Account
Interest Bearing Current Account Interest on deposits will be calculated on Actual No of Days/ 360 (simple interest) |
Nil
1.50 % for USD 1.00 % for GBP 0.50 % for EUR |
|
OD/ DL Loan against FCNR(B) rate: |
USD |
|
For loan up to 1 year: 5.75% or (FCNR(B) deposit rate + 50 bps), whichever is higher
|
For loan tenure 1Yr 1 day to 3 years: (1 M SOFR + 175 bps) or (FCNR(B) rate + 50 bps), whichever is higher. |
|
OD/ DL Loan against FCNR(B) rate: |
GBP |
|
For loan up to 1 year: 5.75% or (FCNR(B) deposit rate + 50 bps), whichever is higher
|
For loan tenure 1Yr 1 day to 3 years: (1 M SONIA + 175 bps) or (FCNR(B) rate + 50 bps), whichever is higher. |
*conditions apply.
For more information, please connect with us through email to ibu@statebank.com; ops2.ibu@statebank.com